39 sources·Politics

Elon Musk and Vivek Ramaswamy Unveil 'DOGE' Initiative to Cut Federal Spending

Musk and Ramaswamy propose 'DOGE' to streamline government and cut $500 billion in federal spending, but face skepticism regarding their ambitious goals.

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Updated: Dec 6th, 2024, 2:28 PM ET

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Elon Musk and Vivek Ramaswamy met with lawmakers to promote DOGE, an advisory effort aimed at cutting federal spending by $500 billion, though skepticism persists. Their push for efficiency includes suggestions for substantial reductions within discretionary spending, while the practicality of their $2 trillion savings target is questioned. Mandatory spending programs remain untouched due to political risks, leading some Republican lawmakers to pursue measures like returning federal employees to offices. Overall, while the initiative garners bipartisan interest, substantial challenges remain in translating proposals into law.

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