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    reuters
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    Musk's Exit Leaves Questions on $170 Billion in Claimed Government Savings

    Elon Musk's departure from the Department of Government Efficiency raises questions about the agency's cost-cutting measures. Reuters' investigation reveals that while the department claims $170 billion in savings, many of these claims remain unverified. The largest verified cuts resulted from the dismantling of USAID, leading to widespread job losses and the cancellation of over $1.3 billion in aid to Afghanistan, Yemen, Somalia, and Syria. One analyst told Reuters that these cost-cutting measures could end up costing more than they save in the long run. The video also highlights the potential negative consequences of these cuts, including the loss of American influence and leadership in international development. Despite Musk's departure, he claims that the cost-cutting will continue.

    3 months ago
    US
    United States
    news summary
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