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Elon Musk claimed he could reduce the federal budget allocated to Trump by ‘at least’  trillion
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Elon Musk claimed he could reduce the federal budget allocated to Trump by ‘at least’ $2 trillion

Between to shout 2024 version of “Dean’s Scream” and asking supporters of former President Donald Trump to vote, Elon Musk claimed in a hypothetical federal government job he could cut government spending by $2 trillion.

After taking the stage at Trump’s rally at Madison Square Garden in New York City on Sunday, Cantor Fitzgerald CEO Howard Lutnick told Musk that a potential commission dedicated to cutting federal spending would be “this $6.5 trillion wasted Harris-Biden He asked how much he could “remove” from his budget. The federal government spent $6.75 trillion in fiscal year 2024, according to the Treasury Department.

“I think we can make at least $2 trillion,” Musk said. “Your money is being wasted and the Department of Government Efficiency (DOGE) will fix it. “We will take the government off your back and out of your pocket.”

DOGE paying tribute Musk’s favorite memecoinIt is a commission proposed by Musk and Trump. to manage Conducting “a full financial and performance audit of the entire federal government” and recommending reforms. Musk has frequently spoken out against excessive government spending and would lead the task force he promised would be formed if Trump wins the Nov. 5 presidential election.

Lutnick is leading Trump’s transition team. reportedly He was accused of using it to benefit Cantor Fitzgerald and his supporters cryptocurrency business. He describes himself as a “founding member” of DOGE.

It’s unclear who else would be on the potential commission besides Musk and Lutnick. One potential member is former Trump national security adviser Michael Flynn, who is widely regarded as an expert. conspiracy theorist. during a activity hosted by Rod of Iron MinistriesFlynn’s son said his father, an offshoot of the Unification Church, would likely help lead DOGE. CNN reported.

For Musk, leading DOGE influence government agencies that regulate companiesIncluding Tesla (TSLA) and SpaceX. Both of these firms have repeatedly clashed with federal agencies. Environmental Protection Agency.

Musk told investors last week he would use such a business. Pressing for a national approach to autonomous vehicle regulation. He also said he expects Tesla to be successful, too. approval to launch ridesharing services A “fully autonomous” version of the company’s driver-assistance software is expected to be approved in California, Texas and “some other states” in 2025.

Musk has made himself a close ally of Trump in recent months, speaking alongside him in Butler, Pennsylvania, and giving a series of pro-Trump speeches elsewhere in the swing state. there is that too donated tens of millions of dollars to the pro-Trump “America PAC,” which has been campaigning in battleground states.

There is a Ministry of Justice warned Musk said his pledge to donate $1 million to people who signed the America PAC petition could violate federal law. A Pennsylvania district attorney on Monday A lawsuit was filed to stop the gifts.

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