Market
What will be the primary focus area of the Department of Government Efficiency by March 31, 2025?
2
the Pentagon•Donald Trump•Department of Government Efficiency•Elon Musk•Vivek Ramaswamy•Musk•Washington
Resolution / Starting Odds
Defense Budget • 25%
Healthcare Spending • 25%
Infrastructure Projects • 25%
Other • 25%
Official announcements or reports from the Department of Government Efficiency
Story
Senate Approves $895 Billion Defense Budget Amid Trump’s Plans for Department of Government Efficiency Led by Musk and Ramaswamy
Dec 25, 2024, 06:33 PM
The U.S. Senate has approved the 2025 defense policy bill, which allocates $895 billion for the Pentagon and related military expenditures. This decision comes as President-elect Donald Trump prepares to establish a new Department of Government Efficiency (DOGE), which aims to address perceived inefficiencies within government spending. Elon Musk and entrepreneur Vivek Ramaswamy have been appointed to lead this initiative, which may face challenges, particularly regarding proposed cuts to the defense budget. Musk has emphasized the need to rectify wasteful spending, while the ambitious plan to reduce the defense budget could encounter resistance in Washington.
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Technology • 25%
Healthcare • 25%
Infrastructure • 25%
Other • 25%
Abolishing specific agencies • 25%
Other • 25%
Reducing federal workforce • 25%
Streamlining regulatory bodies • 25%
Regulatory reforms • 25%
Workforce reduction • 25%
Program cuts • 25%
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Reducing federal employee numbers • 25%
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Streamlining procurement processes • 25%
Cutting specific department budgets • 25%
Program elimination • 25%
Regulation streamlining • 25%
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Workforce cuts • 25%
Budget cuts in federal agencies • 25%
Remote work reduction • 25%
AI integration in government processes • 25%
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Tax Reform • 25%
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Education Reform • 25%
Regulatory Overhaul • 25%
One leader replaced • 25%
Both leaders replaced • 25%
Vivek Ramaswamy remains leader • 25%
Elon Musk remains leader • 25%
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Democratic Party • 25%
Environmental groups • 25%
Federal employees' unions • 25%
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$1 billion to $5 billion • 25%
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Over $10 billion • 25%