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This seems like a plan destined to fail and there are several reasons why.
Tech billionaire Elon Musk is the richest man in the world. And he wants to stay that way. To do this, he must hold the role of President-elect Donald Trump's eccentric genius assistant in the White House.
In case you missed it, the president-elect has said that Elon Musk and Vivek Ramaswamy, a pharmacist turned right-winger, will lead a "Department of Government Efficiency."
The goal is to "dismantle the government bureaucracy, reduce redundant regulations, cut wasteful spending and restructure Federal Agencies," Trump said in a statement on his Truth Social page.
But this seems like a plan destined to fail, and there are several reasons why.
Elon and Vivek are showmen, not accountants, and this "department" is not a department, but a commission that would operate outside the government. (A department must get authorization from Congress, and it's not clear that even an all-Republican Congress wants to do anything about it.) They can advise on spending all day, but only elected lawmakers will have the power to do so. made the cuts.
On the campaign trail last month, Musk was asked how much he thought he could cut from the nation's $6.5 trillion budget. He gave an answer that sounded plausible: "Well, I think we can do at least $2 trillion," he said.
Two trillion at least. Because everyone knows the federal government is bloated and inefficient and has spent way too much time telling those fat cat civil servants in DC to get a real job… Except, that's not how the budget works.
His new obsession with government "efficiency" will almost certainly end up on the list of projects he can't do.
Last fiscal year, the US government spent a total of $6.1 trillion, according to the Congressional Budget Office. Of that total, $1.7 trillion was "discretionary" spending — the kind Congress must trigger each year, covering everything from military spending to veterans' health care and federal employee salaries. The rest of the budget covers spending on entitlement programs like Medicaid and Social Security, and interest payments on the debt.
To get even close to $2 trillion from the budget, the DOGE brothers will have to convince Congress to cut defense spending, lay off federal workers and programs that maintain roads and bridges. / CNN
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