Elon Musk has expressed his desire to significantly reduce the size of the federal government, proposing a cut of almost 80% of federal agencies. Musk's plan involves reducing the number of agencies from the current 428 to about 99. He aims to work on this initiative in collaboration with a potential future Trump administration. Musk also mentioned the creation of a Department of Government Efficiency (DOGE) to evaluate the necessity of each federal agency. Musk would head DOGE.