Elon Musk — the world’s richest man alive — has been handed his own task force designed to reign in government spending. Here’s what you need to know about DOGE, which President Donald Trump officially created on Monday.

There are already some signals about which government expenses could be on the chopping block for Elon Musk's DOGE.

DOGE builds on the United States Digital Service, now rebranded as the U.S. DOGE Service. According to Trump's executive order, the newly rebranded department will cut red tape and streamline government IT systems. Per the EO, DOGE has roughly 18 months (July 4, 2026) to achieve the administration's goal.