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What will be the primary focus area for DOGE's cost-cutting by 2025?
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Donald Trump•Tesla•Elon Musk•Vivek Ramaswamy•Department of Government Efficiency•DOGE•Musk•Ramaswamy•Department of Education•SEC•CFPB
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Official announcements from the Department of Government Efficiency
Story
Musk and Ramaswamy to Lead DOGE, Plan to Cut $2 Trillion by Deleting Agencies
Nov 17, 2024, 03:59 PM
President-elect Donald Trump has appointed Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy to lead the newly established Department of Government Efficiency (DOGE). The department's mission is to identify ways to cut federal spending by $2 trillion. Musk and Ramaswamy are seeking to recruit 'super high-IQ small-government revolutionaries' willing to work over 80 hours a week, potentially without pay, to assist with cost-cutting measures. They are already accepting resumes via DOGE's official account. The leaders have indicated that entire government agencies, such as the Department of Education, may be eliminated outright through executive action. They also aim to target overbilling by federal contractors and streamline operations. The initial focus may include targeting financial regulators like the SEC and CFPB. The initiative aims to rapidly implement changes to reduce wasteful spending and increase government efficiency.
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