23 sources·Politics

Elon Musk and Vivek Ramaswamy Lead New Government Efficiency Initiative Amid Controversy

Musk and Ramaswamy outline radical plans to reduce federal regulations and workforce in their new initiative, DOGE, stirring debate on governance and spending.

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Updated: Nov 21st, 2024, 2:54 PM ET

Summary

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Elon Musk and Vivek Ramaswamy, heading the newly formed Department of Government Efficiency (DOGE), aim to cut federal regulations and jobs sharply. Their recent op-ed asserts plans for $500 billion in annual cuts to unauthorized spending and organizational restructuring within government agencies. Despite claims of efficiency and reduced bureaucracy, they face significant pushback from critics concerned about potential overreach and impacts on federal services. The initiative, framed as a response to wasteful government spending, is seen as a potential test of presidential powers in balancing fiscal responsibility and legislative authority.

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