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.