Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

$12 Billion Valuation and an ICE Deal—Is Polymarket About to Go Public?

13/12/2025

MoonPay Rolls Out New XRP Giveaway

13/12/2025

ETH Holds $3.1K in Extreme Fear as Ethereum crypto news focuses on cautious accumulation

13/12/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    ETH Holds $3.1K in Extreme Fear as Ethereum crypto news focuses on cautious accumulation

    13/12/2025

    Vitalik Says Ethereum Is Finally Fixing Its P2P Networking Weakness

    13/12/2025

    ETH Under Trendline Pressure as Whale Longs Hint At Breakout

    13/12/2025

    ETH rips past $3,300 as whales pile in and Bitmine reloads for $1B more

    13/12/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    The Crypto Community United as One: Incredible Solidarity for Ufuk

    10/12/2025

    NFT Market Faces Steepest Decline as Sales Plummet to Year’s Low

    10/12/2025

    November Might Have Killed NFTs For Good

    10/12/2025

    NFT trading volume slows to $320M in November, as market cap falls to $3.06B from January’s $9.2B

    09/12/2025

    $12 Billion Valuation and an ICE Deal—Is Polymarket About to Go Public?

    13/12/2025

    MoonPay Rolls Out New XRP Giveaway

    13/12/2025

    ETH Holds $3.1K in Extreme Fear as Ethereum crypto news focuses on cautious accumulation

    13/12/2025

    Tether backs Parfin to push institutional USDT adoption across Latin America

    13/12/2025
  • Blockchain

    Google DeepMind’s New AI Agent Learns, Adapts and Plays Games Like a Human

    12/12/2025

    Cardano Founder Says Crypto’s Quantum Threat Is Overhyped

    12/12/2025

    StableChain launches mainnet with USDT gas fees, dedicated governance token

    12/12/2025

    New DePIN protocol rolls out ZK-proof processing marketplace

    12/12/2025

    Cwallet Integrates Kava to Expand Global Web3 Access and Strengthen Cross-Chain Financial Services

    12/12/2025
  • DeFi

    why on-chain finance is becoming a trillion-dollar reality

    13/12/2025

    Web3 Ticketing Platform KYD Labs Launches TIX for Live Events Financing

    13/12/2025

    Falcon Finance Adds Tokenized Gold ($XAUt) to its Staking Products

    13/12/2025

    Goblin Finance Raises $1M to Build Aptos’ Yield Layer

    12/12/2025

    Enosys Loans Launches the First XRP-Backed Stablecoin on Flare

    12/12/2025
  • Metaverse

    Meta CEO Mark Zuckerberg Made a Decision That Will Deeply Affect Metaverse Projects! Here Are the Details

    05/12/2025

    Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg

    04/12/2025

    Cambridge Institute Joins InfblueNFT to Transform Digital Communication

    21/11/2025

    AGI Open Network Partners with MetaMars to Drive Marverse Economy

    15/11/2025

    Koda Nexus Opens in Otherside, Bored Ape Yacht Club Creator Debuts Social Hub

    13/11/2025
  • Regulation

    $12 Billion Valuation and an ICE Deal—Is Polymarket About to Go Public?

    13/12/2025

    Tether backs Parfin to push institutional USDT adoption across Latin America

    13/12/2025

    Bitcoin’s Nvidia-Led Gains Prove Short-Lived, With Price Slumping Back to $88K

    13/12/2025

    How One Bet Sparked a Corporate Shift

    13/12/2025

    Here’s how much Michael Burry is down on his Nvidia stock bet

    13/12/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    MoonPay Rolls Out New XRP Giveaway

    13/12/2025

    US giant Bank of America has received official approval to trade cryptocurrencies! Here are the details.

    13/12/2025

    Bitcoin exchange Binance announced the listing of yet another altcoin trading pair on its futures platform! Here are the details.

    13/12/2025

    Singapore runs way with top spot in Bybit’s crypto adoption index, US comes second

    13/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Web3 gaming shifts to sustainability as confidence returns: BGA

    12/12/2025

    MENA Emerges as Global Growth Engine for Blockchain Gaming, BGA 2025 Report Finds

    11/12/2025

    ChronoForge to shut down amid funding collapse and Web3 gaming turmoil

    11/12/2025

    Stablecoins break into top 3 growth drivers for Web3 gaming: BGA 2025 report

    10/12/2025

    A New Shift Begins as Bitcoin Miner Adoption Reshapes Corporate Interest

    12/12/2025

    Solo Bitcoin Miner Beats 1‑in‑180 Million Odds to Win $284K In Block Reward

    12/12/2025

    Nvidia CEO, who manages $4.5 trillion, made a controversial statement about Bitcoin (BTC)! It also concerns Elon Musk!

    12/12/2025

    A Once-in-82-Year Event Occurred in Bitcoin! It Snatched $290,000!

    12/12/2025

    South Korea to impose bank-level liability on crypto exchanges after Upbit hack: Report

    12/12/2025

    Is Crypto a Security? Part II: Utility Tokens

    12/12/2025

    Crypto officially becomes a “third category” of property, fixing the fatal flaw in digital asset ownership.

    12/12/2025

    Philippines Flood Control Scandal Linked to Crypto Laundering Operations

    12/12/2025

    $12 Billion Valuation and an ICE Deal—Is Polymarket About to Go Public?

    13/12/2025

    MoonPay Rolls Out New XRP Giveaway

    13/12/2025

    ETH Holds $3.1K in Extreme Fear as Ethereum crypto news focuses on cautious accumulation

    13/12/2025

    Tether backs Parfin to push institutional USDT adoption across Latin America

    13/12/2025
  • MarketCap
NBTC News
Home»Regulation»D.O.G.E. Saves U.S. Taxpayers $84B in First Weeks of Trump’s Presidency, But Critics Slam Cost-Cutting Moves
Regulation

D.O.G.E. Saves U.S. Taxpayers $84B in First Weeks of Trump’s Presidency, But Critics Slam Cost-Cutting Moves

NBTCBy NBTC15/02/2025No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


In the first few weeks of President Donald Trump’s administration, the new Department of Government Efficiency (D.O.G.E.) has reportedly saved U.S. taxpayers an estimated $84 billion. That breaks down to about $4 billion each day, a number some media outlets have minimized. Yet, D.O.G.E. has drawn scrutiny over its spending practices and internal operations.

.@DOGE has saved U.S. taxpayers $84 BILLION and counting in just the first few weeks of Trump’s Presidency

That’s $4 BILLION per day, yet the media will tell you it’s insignificant pic.twitter.com/8DsnqE0p9t

— Chief Nerd (@TheChiefNerd) February 12, 2025

Elon Musk’s task force aimed at cutting federal spending has seen its budget grow since its inception. Financial filings reveal that the department’s allocation jumped from $6.75 million on January 30 to $14.4 million by February 8, indicating a boost in operational funding.

Related: FEMA Misused $59 Million—Elon Musk’s D.O.G.E. Demands Clawback

Although the aggressive cost-cutting measures aimed at reducing waste, D.O.G.E. has attracted criticism for its approach. Task force statements claim the savings resulted from halting unnecessary hiring, scaling back diversity, equity, and inclusion (DEI) programs, and ending improper payments to foreign organizations.

Critics Demand Spending Transparency

While D.O.G.E. has outlined several successful initiatives, it has also faced pushback from individuals such as entrepreneur Mark Cuban. Cuban first lauded the efforts, claiming that the task force exposed wasteful government spending.

However, his opinion shifted when reports surfaced that D.O.G.E. had spent nearly $7 million in taxpayer funds in one week. Cuban went public, urging the task force to “hide nothing” if its actions were proper.

Additionally, reports indicate that some of Musk’s team members, including unpaid engineers, collaborate with Trump allies within the task force. This mix of political ties raises further questions about the task force’s neutrality and effectiveness.

Claims of Misuse and Inefficiency

Musk has often lashed out at federal agencies for inefficiency, arguing that talented employees face obstacles from administrative management. He noted that many workers in agencies such as the Treasury Department find themselves blocked from implementing cost-saving reforms by bureaucratic resistance.

Related: Trump’s D.O.G.E. Initiative Cuts DEI Spending, Saves Over $1 Billion

In addition, D.O.G.E. has questioned the use of taxpayer funds in certain cases, including a report that FEMA allocated $59 million to luxury hotels in New York City to house migrants. Musk denounced this expense as “gross insubordination,” although FEMA has not responded.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

$12 Billion Valuation and an ICE Deal—Is Polymarket About to Go Public?

13/12/2025

Tether backs Parfin to push institutional USDT adoption across Latin America

13/12/2025

Bitcoin’s Nvidia-Led Gains Prove Short-Lived, With Price Slumping Back to $88K

13/12/2025

How One Bet Sparked a Corporate Shift

13/12/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

$12 Billion Valuation and an ICE Deal—Is Polymarket About to Go Public?

13/12/2025

MoonPay Rolls Out New XRP Giveaway

13/12/2025

ETH Holds $3.1K in Extreme Fear as Ethereum crypto news focuses on cautious accumulation

13/12/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.