November 13th, 2024

Trump says Elon Musk to lead 'DOGE' office to cut 'wasteful' government spending

President-elect Trump appointed Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency, aiming to reduce bureaucracy and spending, with potential budget cuts of $2 trillion by July 4, 2026.

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Trump says Elon Musk to lead 'DOGE' office to cut 'wasteful' government spending

President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead the newly established Department of Government Efficiency, abbreviated as DOGE. This department aims to reduce government bureaucracy, eliminate excessive regulations, cut wasteful spending, and restructure federal agencies. Operating outside of traditional government structures, DOGE will collaborate with the White House and the Office of Management and Budget. Musk has previously suggested that significant budget cuts, potentially amounting to $2 trillion, could be pursued, although such reductions may impact critical areas like defense and Social Security. The initiative is expected to conclude by July 4, 2026, coinciding with the 250th anniversary of the Declaration of Independence. Trump expressed confidence in Musk and Ramaswamy's ability to drive substantial changes in government efficiency, emphasizing the need to address waste and fraud in the $6.5 trillion annual government budget. Musk confirmed his involvement on social media, hinting at the potential impact of their work.

- Trump has appointed Musk and Ramaswamy to lead the Department of Government Efficiency (DOGE).

- The department aims to cut wasteful government spending and reduce bureaucracy.

- Musk has proposed potential budget cuts of up to $2 trillion.

- The initiative is set to conclude by July 4, 2026, marking a significant anniversary for the U.S.

- The department will operate outside traditional government frameworks, collaborating with key White House offices.

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