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Joni Ernst (R-Iowa) on Monday pointed to “bad pennies” as an example of waste, and called for action from the new Elon Musk–led Department of Government Efficiency (DOGE).
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 ...
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 ]
Elon Musk and Vivek Ramaswamy outlined their vision for sweeping federal budget cuts in an opinion piece. DOGE will rely on executive orders and court rulings, instead of Congress, they said.
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 Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. He is also known for his ownership of X Corp. (the company that operates the social media platform X, formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
Elon Musk made $175.8 million when PayPal was sold to eBay in October 2002. [5] He was first listed on the Forbes Billionaires List in 2012, with a net worth of $2 billion. [6] Musk paid $455 million in taxes on $1.52 billion of income between 2014 and 2018. [7] According to ProPublica, Musk paid no federal income taxes in 2018. [8]
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.