1. Core Objectives & Key Achievements
Mission Statement: To modernize federal operations through technology-driven reforms and fiscal discipline.
Fiscal Targets
- Daily Federal Spending Cuts: $4 billion/day, aiming to reduce the federal deficit from $2 trillion to $1 trillion by FY2026.
Total Deficit Reduction = $2T - $1T = $1T ⇒ Days Required = $1T/$4B/day = 250 days (excluding weekends)
Note: This aligns with the timeline from February 4, 2025, to September 30, 2025
- Cost Savings: Canceled 104 DEIA-related contracts, saving $1 billion; terminated 22 vacant federal property leases, saving $44.6 million.
Tech Modernization
- Secured access to the U.S. Treasury payment system, identifying and freezing $3.2 billion in suspicious transactions.
- Proposed blockchain integration for real-time expenditure tracking, with Musk stating:
*"Blockchain will end shadow spending—every dollar will be permanently recorded."*
Agency Restructuring
- Initiated dismantling of the U.S. Agency for International Development (USAID) (budget: $40 billion), merging its functions into the State Department.
5. Countdown to DOGE's Self-Termination
As mandated by its founding charter, DOGE will dissolve on July 4, 2026.
Countdown: 516 days remaining (as of February 4, 2025)
*"The final act of the Department of Government Efficiency will be to delete itself."* — Elon Musk, December 2, 2024