President-elect Donald Trump has tapped billionaire entrepreneurs Elon Musk and Vivek Ramaswamy to steer a brand new division in command of downsizing and restructuring the U.S. authorities to result in “drastic change.”
This new division is known as the Division of Authorities Effectivity, or the acronym DOGE, a reference to the cryptocurrency Musk has vocally supported.
Musk and Ramaswamy “will pave the way in which” for the Trump administration “to dismantle Authorities Forms, slash extra rules, reduce wasteful expenditures, and restructure Federal Businesses,” Trump wrote in an announcement on Tuesday on X, a platform owned by Musk.
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“Importantly, we are going to drive out the huge waste and fraud which exists all through our annual $6.5 Trillion {Dollars} of Authorities Spending,” Trump wrote.
President-elect Donald Trump. (Picture by JIM WATSON/AFP by way of Getty Photographs)
Musk and Ramaswamy have till July 4, 2026, or the 250th anniversary of the Declaration of Independence, to make the goals of the brand new division a actuality.
Each Musk and Ramaswamy have been fast to reply to the information.
Ramaswamy wrote on X on Tuesday that DOGE will “quickly” crowdsource, or ask the American folks, for “examples of presidency waste, fraud, & abuse.”
He added in a separate submit that “the one proper reply is an enormous downsizing” of the federal forms.
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Musk reposted Ramaswamy’s feedback on Wednesday morning and wrote, “That is the one method.”
DOGE will quickly start crowdsourcing examples of presidency waste, fraud, & and abuse. People voted for drastic authorities reform & they should be a part of fixing it. https://t.co/iRXmgT6ZuQ
— Vivek Ramaswamy (@VivekGRamaswamy) November 13, 2024
That is the one method https://t.co/Lp7k907pHy
— Elon Musk (@elonmusk) November 13, 2024
The U.S. authorities spent $6.75 trillion in fiscal yr 2024, which ran from October 1, 2023 to September 30, 2024.
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