us president- elect donald trump: What will Elon Musk do in the new department DOGE? Trump wants overhaul; here’s what could be on the chopping block | Bitcoin


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US President- elect Donald Trump has recently announced about the creation of a new initiative known as the Department of Government Efficiency (DOGE) which will be led by Elon Musk and Vivek Ramaswamy. According to CNN, the ultimate goal of DOGE is to streamline federal operations and cut significant government spending by at least $2 trillion which is a target that various budget experts have deemed unrealistic.

At the same time Elon Musk has eventually acknowledged that achieving these savings might cause ‘temporary hardship’ but insisted that it will lead to a heavy long-term prosperity, reported CNN. On the other hand, while Elon Musk and Vivek Ramaswamy will provide recommendations to the White House, they actually lack direct authority to make spending cuts or regulatory changes.

Also Read : Cobra Kai season 6 part 3 release date: What we know about latest update
CNN noted…more

Source economictimes.indiatimes.com

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