Tech billionaire Elon Musk and Vivek Ramaswamy, co-leaders of Donald Trump's 'Department of Government Efficiency,' are set to meet Republican lawmakers to discuss ways to cut federal spending. Republican House Speaker Mike Johnson expressed optimism about achieving significant cost savings and regulatory changes, though experts doubt the potential for $2 trillion in savings without cutting essential services.
WASHINGTON, D.C. — 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 .
'While Trump and Musk have claimed that $2 trillion could potentially be saved, most experts believe this is not realistic without cuts to crucial services or benefits.The Tesla and SpaceX CEO, who also owns X, said in a Wall Street Journal op-ed that DOGE — which is not an official department and has no statutory authority — would work to slash federal regulations and make major administrative changes.'We are entrepreneurs, not politicians.
Elon Musk Donald Trump Government Efficiency Republican Lawmakers Federal Spending Vivek Ramaswamy Mike Johnson
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