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Musk and Ramaswamy Unveil DOGE Plan to Cut $2 Trillion, Reduce Agencies to 99

Dec 5, 2024, 04:26 PM

Elon Musk and Vivek Ramaswamy, appointed by President Donald Trump to lead the newly established Department of Government Efficiency (DOGE) as part of his 'Save America' agenda, met with lawmakers on Capitol Hill to discuss plans to reduce government spending by as much as $2 trillion. Their ambitious proposal aims to slash the federal budget by reducing the number of government agencies from 428 to 99 and targeting waste, fraud, and abuse. "We want to take a blowtorch to the regulatory state," said House Speaker Mike Johnson, expressing strong support for their efforts. Musk emphasized the need for fiscal responsibility, stating, "I think we should be spending the public’s money wisely." The duo held meetings with key lawmakers, including incoming Senate Majority Leader John Thune and Senator Susan Collins, who met with Musk for over an hour to discuss improving government efficiency. The initiative has garnered bipartisan interest as DOGE leaders seek to make government more effective and responsive.