PolitiQuote

Discover video-sourced quotes by politicians

Elon Musk: “Federal government expenditures are 7.5 trillion a year.”

Featuring: Elon Musk, Senior Advisor to the President, Head of Department of Government Efficiency | National

Watch on YouTube

Elon Musk – "In 36 months, the cheapest place to put AI will be space"

Published | Video Starts at 2:28:20

Maybe, but we found that over seven years, the Social Security fraud they estimated was like 70 billions over seven years. So like 10 billion a year. So I'd be curious to see what the other 490 billion is. Federal government expenditures are 7.5 trillion a year. Yeah. What percentage, how competent do you think government is? The discretionary spending there is like 15%. Yeah, but it doesn't matter. Most of the fraud is non discretionary. (2:28:20–2:28:23)

CLAIM

Asserts that the federal government spends 7.5 trillion dollars annually.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Elon Musk

Discover more from

Elon Musk

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.