“Many Americans were skeptical of Elon Musk’s grandiose claims that DOGE would take a “chainsaw” to federal spending.”
Well it certainly did not take a chainsaw to federal spending but it was helpful. In regard to the bet one would need to know the precise terms of the bet.
Deficit forecasts
2024 $1.82T actual
2025 $1.8T projected
20265 $1.9T projected
Several related bets at Kalshi, not sure which one(s) Mr. Cole wagered on. Here is one of the “spending reduction” wagers:
https://kalshi.com/markets/kxgovtcuts/government-budget-cuts?utm_source=kalshiweb_eventpage