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Number of federal agencies post-DOGE restructuring by 2026?
2
Resolution / Starting Odds
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Official government reports and announcements regarding federal agency restructuring
Story
Elon Musk's DOGE Aims for $250 Billion in Federal Spending Cuts, 75% Workforce Reduction Under Trump
Jan 1, 2025, 10:20 PM
The Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy, aims to implement substantial budget cuts and streamline federal operations under President-elect Donald Trump. Proposals include reducing federal spending by at least $250 billion, with potential cuts exceeding $1 trillion. The initiative plans to consolidate over 400 federal agencies into fewer than 100 and reduce the federal workforce by up to 75%. Analysts suggest that achieving these ambitious goals will require significant policy changes and reforms, including a return to federal spending levels from 2019. The DOGE initiative is positioned as a critical factor in upcoming midterm elections, with calls for Musk and Ramaswamy to deliver on these promises.
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