Elon Musk proposed a $2T budget cut and a Department of Government Efficiency under Trump's re-election.

At a Trump rally in New York, Elon Musk claimed he could cut at least $2 trillion from the U.S. federal budget if Trump is re-elected. He proposed creating a Department of Government Efficiency (DOGE) to streamline spending, which would account for nearly a third of the projected $6.75 trillion budget for fiscal 2024. Critics raise concerns over potential conflicts of interest due to Musk's ties to federal contracts through his companies, Tesla and SpaceX.

October 28, 2024
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