How will the stock market react to DOGE Acts' first legislative success?
Significant increase (over 5%) • 25%
Moderate increase (1-5%) • 25%
No significant change • 25%
Decrease • 25%
Stock market indices like the S&P 500 and NASDAQ
Elon Musk and Vivek Ramaswamy to Lead DOGE Acts Commission to Reduce U.S. Government Size and Bypass Senate Filibuster
Dec 12, 2024, 07:15 PM
Elon Musk and Vivek Ramaswamy are set to lead a new commission aimed at reducing the size of the U.S. government, which has sparked significant debate regarding its potential impact on federal operations. The initiative, part of a broader strategy termed the DOGE Acts, proposes substantial spending cuts and aims to end remote work for federal employees. Critics have raised concerns that the commission, which includes Musk as one of its directors, could undermine the government's operational capacity due to anticipated layoffs. Supporters argue that the commission's focus on deregulation and efficiency is essential for addressing decades of fiscal irresponsibility in federal spending. The commission's efforts will begin with bypassing the Senate filibuster through reconciliation, allowing for expedited legislative changes next year. The DOGE Caucus, which includes various congressional members, is also advocating for relocating federal agencies and reforming bureaucratic processes to enhance accountability and efficiency.
View original story
Neutral • 25%
Mixed • 25%
Positive • 25%
Negative • 25%
Fail with majority • 33%
Pass with majority • 33%
Tied vote • 34%
Spending Cuts • 25%
Other • 25%
Agency Reduction • 25%
Regulatory Reform • 25%
No decision made • 25%
Proposals partially accepted • 25%
Proposals rejected • 25%
Proposals accepted • 25%
Market falls by over 10% • 25%
Market rises by 0-10% • 25%
Market falls by 0-10% • 25%
Market rises by over 10% • 25%
Rejection of proposals • 25%
Full support and implementation • 25%
Indefinite postponement • 25%
Partial support and implementation • 25%
Indifferent • 25%
Mostly Negative • 25%
Mostly Positive • 25%
Mixed Opinions • 25%
Improved perception • 25%
Unchanged perception • 25%
Mixed reviews • 25%
Worsened perception • 25%
50,000 to 100,000 • 25%
More than 100,000 • 25%
Less than 10,000 • 25%
10,000 to 50,000 • 25%