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Musk said during a Trump rally before the election that he would identify at least $2 trillion in spending cuts, which would amount to nearly one-third of total government spending, including the ...
Sen. Joni Ernst (R-Iowa) pitched $2 trillion in proposed spending cuts in a letter to Elon Musk and Vivek Ramaswamy. ... to “bad pennies” as an example of waste, ... is losing money making ...
Elon Musk plans to turn his newly appointed role slashing U.S. government bureaucracy into a game. Appointed to run the newly created "Department of Government Efficiency", or DOGE, the Tesla CEO ...
Elon Musk and Vivek Ramaswamy are expected to visit Capitol Hill Thursday morning to meet with Republican lawmakers in both chambers of Congress to discuss ways to reduce waste in the federal ...
The concept of DOGE emerged in a discussion between Elon Musk and Donald Trump, where Musk floated the idea of a department for streamlining government efficiency. In August 2024, Trump said at a campaign event that, if he were elected, he would be open to giving Musk an advisory role. [4]
President-elect Donald Trump has tasked Elon Musk with slashing government spending. Defense could be a prime target: It's the largest discretionary spending category in the federal budget.
Elon Musk in 2023 Elon Musk is the wealthiest person in the world , with an estimated net worth of US$486 billion as of December 2024 [update] , according to the Bloomberg Billionaires Index , and $464 billion according to Forbes , primarily from his ownership stakes in Tesla, Inc. and SpaceX .
Earmarks, which allow members of Congress to send money back to their home districts and states, are another significant source of federal waste, and even a GOP-led House and Senate may be leery ...