And I think when you start to uncover through forensic analysis where these dollars are going and how it's spent, that's probably how you're going to close the gap from a trillion to. And I suspect, to be honest, it could be more than $2 trillion. When it's all said and done, that is an enormous amount of waste and it's unproductive.View on YouTube
Trump's Department of Government Efficiency (DOGE) was created on Jan 20, 2025 as a temporary initiative in his second administration to cut federal waste and spending. (en.wikipedia.org) Trump's second term is scheduled to run until Jan 20, 2029, so the end of Trump's second term has not yet occurred as of Nov 30, 2025. (en.wikipedia.org) DOGE itself was intended to last until July 4, 2026 but was quietly dissolved in November 2025, with remaining functions absorbed into the Office of Personnel Management. (reuters.com) Publicly reported DOGE savings to date are at most in the hundreds of billions of dollars claimed by its proponents, and independent audits suggest only a few billion in verifiable cuts while overall federal spending and deficits have continued to rise; there is no credible evidence of more than $2 trillion per year in annualized reductions identified by DOGE so far. (reuters.com) However, because Trump’s second term does not end until 2029, the time horizon specified in Chamath’s prediction has not yet elapsed, so the prediction cannot be definitively judged right or wrong at this point.