In this video, renowned tech entrepreneur Elon Musk and his team from DOGE are featured discussing their bold plan to reduce federal spending by 15%. The group believes this is attainable by auditing for waste and fraud within various federal programs, including Social Security and the IRS. With potential savings projected at $130 billion, equating to over $800 for each taxpayer, Musk asserts the cuts are both feasible and lawful, despite facing criticism over the agency's extensive powers.