Ramaswamy Plans Major Contractor Reductions for Efficiency

Vivek Ramaswamy, alongside Elon Musk, will lead a government efficiency initiative under President-elect Donald Trump, aiming to cut costs by reducing what federal contractors can charge. The initiative, part of the new Department of Government Efficiency, seeks to eliminate waste and restructure federal agencies, potentially leading to significant cuts and agency deletions. Ramaswamy highlighted the exploitation of the federal government by contractors but did not specify which ones would be affected.