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Elon Musk and Vivek Ramaswamy aim to cut $2 trillion from the federal budget by July 4, 2026. ... with a goal of cutting $2 trillion in spending. In the fiscal year 2024, federal spending reached ...
Musk said during a Trump rally before the election that he would identify at least $2 trillion in spending cuts, which would amount to nearly one-third of total government spending, including the ...
Elon Musk and Vivek Ramaswamy are on Capitol Hill to discuss their newly-announced advisory team that the two billionaires say will cut regulations, spending, and headcounts within the federal ...
As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy are promising to slash at least $2 trillion from the federal budget.
Trump has named Musk as co-leader of "The Department of Government Efficiency," giving the tech titan major sway over federal spending. Like many moments in Musk's life, it's a remarkable ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. He is also known for his ownership of X Corp. (the company that operates the social media platform X, formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
In November, Elon Musk fired off a post on X placing all of the blame for excess government spending on inflation. He also referred to all government spending as taxation. While income taxes are ...
President-elect Donald Trump has tasked Elon Musk with slashing government spending. Defense could be a prime target: It's the largest discretionary spending category in the federal budget.