https://issuesinsights.com/2024/11/19/can-elon-and-vivek-really-slash-2-trillion-from-bloated-u-s-budget/
As you’ve probably figured out, the headline above is a trick, a rhetorical question. Because we know going in that our government has spent so much since the COVID-era began that there’s no question it can be cut sharply. And, in answer to the question above, $2 trillion is just a start.
But that’s just a base number set by Elon Musk and Vivek Ramaswamy, tagged by President-elect Donald Trump to head the new Department of Government Efficiency, or “DOGE” for short.
“As President Trump said, what we need is common sense,” Musk said. “This won’t be business as usual. This is going to be a revolution.”
And by that, he means a root-and-branch restructuring of the U.S. government and its sprawling, wasteful mega-bureaucracy, with co-leader Ramaswamy set to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.”
Ambitious indeed.
We’re ecstatic to hear a presidential administration entering with genuine talk of sharply reducing the actual size of government. With $36 trillion in debt (and rising fast), we as a nation will soon be functionally bankrupt, unable to pay our bills or raise more money in debt markets to continue our spending.
The fiscal situation is grave, affecting everything from defense to Social Security and Medicare and everything in between.
As such, the plan by the DOGE-duo of Musk and Ramaswamy can actually be seen not as a radical attack on government, but rather as an effort to restore some balance after four years of the Democrats’ insane spending and debt accumulation to pay for its COVID schemes.