Market
Will DOGE achieve a 10% reduction in federal workforce by end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official reports from the Office of Management and Budget or federal government releases
Story
Trump Signs Executive Order to Establish DOGE, Led by Elon Musk and Vivek Ramaswamy
Jan 20, 2025, 05:26 PM
President Donald Trump is set to sign one of his first executive orders to establish the Department of Government Efficiency (DOGE). The new department, co-led by Elon Musk and Vivek Ramaswamy, aims to reduce government spending and modernize federal software systems to align with private-sector standards. DOGE will operate within the U.S. government and focus initially on updating information technology across various agencies. The executive order also mandates that every federal agency establish its own DOGE team to work alongside the Office of Management and Budget to shrink the federal workforce, spending, and regulatory burdens. Following the announcement, the Senate DOGE Caucus was formed to support these efforts.
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