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On January 27, 2025, memo M-25-13 was released by Matthew Vaeth, acting director for the Office of Management and Budget (OMB). [1] [2] The memo said that the federal government of the United States in fiscal year 2024 spent over $3 trillion in federal "financial assistance, such as grants and loans", criticized the usage of "resources to advance Marxist equity, transgenderism, and [Green New ...
Colorado- The state government has incentivized consumers on purchasing EV's giving out $5,000 grants that are available instantaneously after the purchase. [17] Connecticut- up to $3,000 can be regained via rebate with Connecticut Hydrogen and Electric Automobile Purchase Rebate (CHEAPR) program.
The grant is reduced to €3,800 for business purchasers or those who require finance to purchase the vehicle, however some importers will report financed private sales as cash sales to acquire the full grant. As of September 2014, plug-in electric car purchasers are eligible for a government credit worth up to €5,000 (about US$6,500).
As the head of President Trump’s new Department of Government Efficiency (DOGE), Tesla CEO Elon Musk has vowed to cut between $1 trillion and $2 trillion from the annual federal budget by 2026 ...
The sheet also notes that in fiscal year 2023, the government committed about $759 billion in contracts. "This flood of spending historically had minimal safeguards," the fact sheet read.
Fishback’s attached proposal suggested that since DOGE is targeting $2 trillion in government savings, 20% of that ($400 billion) could be returned to America’s tax-paying households.
In 2025, Elon Musk and Department of Government Efficiency teams gained access to large parts of the United States federal government, forcing thousands of United States federal government employees out of their jobs, removing public records from the Internet, attempting to shutdown or terminate entire departments and agencies of the government, creating large amounts of controversy and ...
Offering every income-paying household $5,000 would require total savings of around $2 trillion per year, which was Musk's original target. That would be a 29% cut in federal spending, which is a ...
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