Official announcements from the Department of Government Efficiency or congressional budget reports

Musk and Ramaswamy Promote DOGE Initiative for $2 Trillion Cuts with GOP Leaders

Dec 5, 2024, 09:11 AM

Elon Musk and Vivek Ramaswamy are set to meet with House and Senate Republicans on Capitol Hill today at 2 p.m. to discuss the Department of Government Efficiency (DOGE), a new commission aimed at cutting federal spending. The initiative, launched under President-elect Donald Trump, seeks to reduce the size and scope of the government by targeting inefficiencies in the administrative state. House Speaker Mike Johnson and Representative Marjorie Taylor Greene will meet privately with Musk and Ramaswamy ahead of a larger GOP gathering. Johnson expressed strong support for the initiative, stating a desire to 'take a blowtorch to the regulatory state' and indicating that cuts could total as much as $2 trillion, or nearly a third of the federal budget. Lawmakers are clamoring to collaborate with Musk and Ramaswamy to advance DOGE's objectives, believing it could break the stalemate in beltway spending.