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On October 28, 2024, at a Trump rally in Madison Square Garden, Musk stated that he believed DOGE could remove US$2 trillion from the U.S. federal budget [45] (a figure higher than the federal government's total discretionary outlays in 2023). [46] [47] [48] Musk has not specified whether these savings would be made over a single year or a ...
In November 2024, President-elect Trump selected former DNI and former congressman John Ratcliffe of Texas to serve as CIA director. The Select Committee on Intelligence is responsible for holding a hearing to advance the nomination for a full Senate vote.
As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy are promising to slash at least $2 trillion from the federal budget.
The tax gap is the difference between the amount of tax legally owed and the amount actually collected by the government. The tax gap in 2006 was estimated to be $450 billion. [ 125 ] The tax gap two years later in 2008 was estimated to be in the range of $450–$500 billion and unreported income was estimated to be approximately $2 trillion ...
President-elect Donald Trump is building his second administration at a breakneck speed, announcing his choices for nearly all of the roughly two dozen top-tier nominations, including Cabinet ...
The lieutenant governor of Texas is the second-highest executive office in the government of Texas, a state in the U.S. It is the second most powerful post in Texas government because its occupant controls the work of the Texas Senate and controls the budgeting process as a leader of the Legislative Budget Board.
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OMB Circular A-11 ("Preparation, Submission, and Execution of the Budget") is a United States government circular that addresses budget preparation for federal agencies, [1] and is "the primary document that instructs agencies how to prepare and submit budget requests for OMB review and approval". [2] The circular is revised and reissued ...