Elon Musk Joins Trump to Slash Government Waste and Regulations
TL;DR Summary
President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead a new "Department of Government Efficiency" aimed at reducing U.S. government spending, which totaled $6.75 trillion in fiscal year 2024. The largest expenditures were on Social Security, health, and Medicare. Musk has pledged to identify $2 trillion in cuts, focusing on areas like transportation and education, though any changes would require congressional approval. The initiative aims to bring an entrepreneurial approach to government reform, with transparency promised in its operations.
Topics:top-news#department-of-government-efficiency#donald-trump#elon-musk#government-spending#politics#vivek-ramaswamy
- Elon Musk is looking to cut government waste. Here's what the US spends money on right now. Business Insider
- Trump Taps Elon Musk and Vivek Ramaswamy to Lead ‘Dept. of Government Efficiency’ The New York Times
- Opinion | Trump’s Cabinet is a dream The Washington Post
- Elon Musk says he and Trump have 'mandate to delete' regulations. Ethics laws could limit Musk role The Associated Press
- Elon Musk took on another role, becoming Trump's efficiency boss. Here's the full list of his jobs. Business Insider
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