Bernie Sanders admits 'Musk is right' to shrink federal government
3 weeks ago

Bernie Sanders admits 'Musk is right' to shrink federal government

Daily Mail  

Tesla CEO Elon Musk received unexpected support for his plans to shrink the federal government - from Democratic Socialist Bernie Sanders. The Vermont senator, who twice came in second place for the Democratic nomination for president, praised Musk's plans to reign in defense spending, saying: 'Elon Musk is right.' But Sanders is not the first Democrat who has expressed support for Musk's plans to shrink defense spending as the co-head of Trump's proposed Department of Government Efficiency, along with businessman Vivek Ramaswamy. The two also wrote in an op-ed for the Wall Street Journal about the need to cut waste from the Department of Defense budget, after it failed its seventh consecutive audit.

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History of this topic

'President Musk' trends after Trump's top oligarch torpedoes federal spending deal
4 days, 4 hours ago

'President Musk' trends after Trump's top oligarch torpedoes federal spending deal

Raw Story  

Congress is careening toward a government shutdown after U.S. President-elect Trump, egged on by billionaire Elon Musk—who helped bankroll Trump's reelection campaign and is slated to help oversee cuts to government spending and regulation in the new administration—torpedoed a federal spending bill that would have kept the government open for the next few months. These sorts of remarks continued Thursday, …

Rand Paul: 'You don't get close' to Musk's spending cut goals without key social programs
2 weeks, 2 days ago

Rand Paul: 'You don't get close' to Musk's spending cut goals without key social programs

Raw Story  

Sen. Rand Paul said Friday evening on Fox News what many have thought: President-elect Donald Trump's initiative for massive government spending cuts must go after major social programs to work. Proposing cuts to Social Security and Medicare, America's flagship basic income and health insurance programs for retirees, is generally considered a third rail in American politics. But Paul is likely …

Musk and Ramaswamy's DOGE echoes past budget promises that faced big hurdles
2 weeks, 2 days ago

Musk and Ramaswamy's DOGE echoes past budget promises that faced big hurdles

NPR  

Musk and Ramaswamy's DOGE echoes past budget promises that faced big hurdles toggle caption Roberto Schmidt/AFP via Getty Images Elon Musk and Vivek Ramaswamy test drove their new Department of Government Efficiency, or DOGE, on Capitol Hill this week, visiting House and Senate Republicans, who celebrated their promise of reduced government and dramatically lower federal spending. Even the Senate Budget …

'Elon Musk is right': Bernie Sanders slams US's $886 bn defence spending, lauds DOGE boss's take
3 weeks ago

'Elon Musk is right': Bernie Sanders slams US's $886 bn defence spending, lauds DOGE boss's take

Firstpost  

Democratic Party-leaning Vermont Senator Bernie Sanders slammed the $886 billion defence spending of the US Department of Defence, praising DOGE boss Elon Musk’s take on the matter Vermont Senator Bernie Sanders said that Tesla CEO Elon Musk is right in his criticism of American defence spending. — Bernie Sanders December 1, 2024 Last month, US President-elect Donald Trump appointed Musk …

"Elon Musk is right": Sanders agrees with DOGE head on cutting Pentagon spending
3 weeks, 1 day ago

"Elon Musk is right": Sanders agrees with DOGE head on cutting Pentagon spending

Salon  

Politics can create strange bedfellows, and they don't come much stranger than the United States' most prominent democratic socialist and the world's richest man. Elon Musk has been appointed as the head of the quasi-governmental Department of Government Efficiency for the upcoming term of President-elect Donald Trump. Vermont Sen. Bernie Sanders agreed with Elon Musk's hypothetical slash-and-burn approach to government …

Musk to hold talks with Republicans on sweeping spending cuts
3 weeks, 3 days ago

Musk to hold talks with Republicans on sweeping spending cuts

Raw Story  

Donald Trump's incoming government efficiency chief Elon Musk will meet Republican lawmakers next week to begin discussions about the tech billionaire's new commission tasked with cutting billions of dollars in federal spending. Mike Johnson, the Republican speaker of the House of Representatives, said in a post on X he was looking forward to hosting Musk next Thursday, along with his …

Musk wants $2 trillion of spending cuts. Here’s why that’s hard.
3 weeks, 6 days ago

Musk wants $2 trillion of spending cuts. Here’s why that’s hard.

Live Mint  

The U.S. federal government spent $6.75 trillion in the most recent fiscal year ended Sept. 30, according to the Congressional Budget Office. Elon Musk has been tasked alongside biotech company founder Vivek Ramaswamy with leading President-elect Donald Trump’s effort to reduce this government spending through the new Department of Government Efficiency. Social Security benefits cost the government $1.45 trillion in …

Elon Musk's budget-cutting promises defy arithmetic
4 weeks, 1 day ago

Elon Musk's budget-cutting promises defy arithmetic

LA Times  

President-elect Donald Trump’s designated debt-busters, Elon Musk and Vivek Ramaswamy, last week wrote an op-ed in the Wall Street Journal providing the fullest accounting yet of their plans to cut “waste, fraud and abuse” — that most well-worn and oft-broken of political promises. Indeed, an omission from the dynamic duo’s piece suggests that they — and Trump — may have …

Elon Musk’s budget crusade could cause a constitutional clash in Trump’s second term
4 weeks, 1 day ago

Elon Musk’s budget crusade could cause a constitutional clash in Trump’s second term

LA Times  

President-elect Donald Trump walks with Elon Musk before the launch of the sixth test flight of the SpaceX Starship rocket last week in Boca Chica, Texas. Now is the moment for decisive action.” Trump has already suggested taking such a big step, saying last year that he would “use the president’s long-recognized impoundment power to squeeze the bloated federal bureaucracy …

Elon Musk and Vivek Ramaswamy’s ‘budget cuts’ could spark constitutional clash in Trump presidency: Report
1 month ago

Elon Musk and Vivek Ramaswamy’s ‘budget cuts’ could spark constitutional clash in Trump presidency: Report

Live Mint  

When Elon Musk first proposed a new initiative to reduce the size of government, Donald Trump didn’t seem to take it seriously. His eventual name for the idea But now that Trump has won the election, Musk's fantasy is becoming reality, with the potential to spark a constitutional clash over the balance of power in Washington, reported AP, citing Elon …

Elon Musk’s budget crusade could cause a constitutional clash in Trump’s second term
1 month ago

Elon Musk’s budget crusade could cause a constitutional clash in Trump’s second term

Associated Press  

WASHINGTON — When Elon Musk first suggested a new effort to cut the size of government, Donald Trump didn’t seem to take it seriously. Now is the moment for decisive action.” Trump has already suggested taking such a big step, saying last year that he would “use the president’s long-recognized impoundment power to squeeze the bloated federal bureaucracy for massive …

Department of Government Efficiency: What areas Elon Musk may cut
1 month, 1 week ago

Department of Government Efficiency: What areas Elon Musk may cut

CNN  

CNN — President-elect Donald Trump and Elon Musk have big ambitions for making the federal government leaner and more efficient by reviewing its budget and operations from top to bottom. Musk, the world’s richest person who owns or runs several companies, has warned that his goals – including cutting at least $2 trillion in federal spending – could cause “temporary …

Here's how Elon Musk's Department of Government Efficiency might work
1 month, 1 week ago

Here's how Elon Musk's Department of Government Efficiency might work

Hindustan Times  

Donald Trump has tasked Elon Musk with setting up a panel to streamline the U.S. government. Musk, whose companies include the electric vehicle maker Tesla and commercial space company SpaceX, has a deep knowledge of the National Aeronautics and Space Administration and the Pentagon, agencies he has extensive contracts with for rockets, satellites and other space operations. Musk said at …

Elon Musk’s ‘crazy’ plan to rip $2 trillion out of America
1 month, 2 weeks ago

Elon Musk’s ‘crazy’ plan to rip $2 trillion out of America

The Telegraph  

Dressed all in black, Elon Musk let out a roar. At last week’s Madison Square Garden rally, the billionaire pointed to his black “Make America Great Again” cap proclaiming: “I am dark, gothic Maga.” Once a self-described “socialist”, Musk has emerged as one of Donald Trump’s most prominent and strident supporters in the final few weeks of the US election …

Musk's Spending Cuts Plan: A Call for Fiscal Responsibility
1 month, 3 weeks ago

Musk's Spending Cuts Plan: A Call for Fiscal Responsibility

Live Mint  

Elon Musk outlines his plans to reduce federal spending if Donald Trump is re-elected. Musk proposes drastic budget cuts, aiming to eliminate $2 trillion from the budget and ensure long-term economic prosperity. He emphasizes the need for fiscal responsibility and believes that everyone will have to take a haircut to achieve this goal.

Donald Trump Claims 'Nobody's Going To Feel It' When Elon Musk Slashes Government
1 month, 3 weeks ago

Donald Trump Claims 'Nobody's Going To Feel It' When Elon Musk Slashes Government

Huff Post  

LOADING ERROR LOADING Former President Donald Trump confirmed Tuesday that he’d consider giving billionaire Elon Musk a role slashing the federal government if he returns to the White House next year. Musk, one of Trump’s biggest financial backers, has said that he would subtract trillions from federal spending — and said the cuts would result in “some temporary hardship” for …

Elon Musk Says Trump Will Bring 'Temporary Hardship' For Americans
1 month, 3 weeks ago

Elon Musk Says Trump Will Bring 'Temporary Hardship' For Americans

Huff Post  

LOADING ERROR LOADING Former President Donald Trump’s biggest financial backer and top campaign surrogate, Tesla CEO Elon Musk, says he and Trump plan to inflict “temporary hardship” on American citizens if the Republican nominee wins the White House in November. Musk, the tech billionaire who has spent more than $130 million backing Trump and regularly spreads racist conspiracy theories about …

Elon Musk Has New Idea For Donald Trump: Giant Budget Cuts
1 month, 3 weeks ago

Elon Musk Has New Idea For Donald Trump: Giant Budget Cuts

Huff Post  

LOADING ERROR LOADING During Donald Trump’s rally at Madison Square Garden on Sunday, campaign surrogate Elon Musk pitched an eyebrow-raising $2 trillion budget cut. Trump has promoted Musk as someone who could identify wasteful federal spending, but a $2 trillion cut would amount to almost a third of the budget and crush a range of popular programs ― especially if …

Trump plans to hire Elon Musk to lead "government efficiency commission"
3 months, 2 weeks ago

Trump plans to hire Elon Musk to lead "government efficiency commission"

Salon  

At an economics conference on Thursday, former president Donald Trump unveiled plans to bring Elon Musk in for a job in his administration, giving billionaires another voice via the Tesla CEO, who is a vocal critic of corporate regulation and a warrior against labor protections. Trump, who previously mulled bringing Musk on, reportedly received a $45 million-per-month campaign lifeline through …

Elon Musk's reply to Bernie Sanders's 'Tax the Rich' tweet receives flak online. Viral story
3 years, 1 month ago

Elon Musk's reply to Bernie Sanders's 'Tax the Rich' tweet receives flak online. Viral story

India Today  

Tesla and Space X CEO Elon Musk’s love for posting funny content on Twitter is known by all. I keep forgetting that you’re still alive — Elon Musk November 14, 2021 The billionaire who has already sold around USD 7 billion worth of Tesla shares this week further said, “Want me to sell more stock, Bernie? Just say the word …

Senate Dems rallying behind Biden’s $3.5T budget vision
3 years, 4 months ago

Senate Dems rallying behind Biden’s $3.5T budget vision

Associated Press  

WASHINGTON — Senate Democrats across the political spectrum seem near the unanimity they’ll need for the crucial first step toward their $3.5 trillion vision of bolstering health care, education, family services and environment programs From Democratic socialist Bernie Sanders on the left to moderate Joe Manchin on the right, numerous Democratic senators have said they’ll support a budget resolution outlining …

Senate Dems rallying behind Biden’s $3.5T budget vision
3 years, 4 months ago

Senate Dems rallying behind Biden’s $3.5T budget vision

Associated Press  

WASHINGTON — Senate Democrats across the political spectrum seem near the unanimity they’ll need for the crucial first step toward their $3.5 trillion vision of bolstering health care, education, family services and environment programs From Democratic socialist Bernie Sanders on the left to moderate Joe Manchin on the right, numerous Democratic senators have said they’ll support a budget resolution outlining …

Senate Democrats reach $3.5 trillion budget agreement
3 years, 5 months ago

Senate Democrats reach $3.5 trillion budget agreement

Associated Press  

WASHINGTON — Senate Democrats announced late Tuesday that they’d reached a budget agreement envisioning spending an enormous $3.5 trillion over the coming decade, paving the way for their drive to pour federal resources into climate change, health care and family-service programs sought by President Joe Biden. We’re going to get this done for the sake of making average Americans’ lives …

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