Musk posted on X platform that in order to reduce the federal deficit for the fiscal year 2026 from $2 trillion to $1 trillion, it is necessary to cut the projected 2026 spending by an average of about $4 billion per day from now until September 30.

Although this will still result in a deficit of about 1 trillion US dollars, economic growth should be able to match this figure, which means there will be no inflation in 2026.