Connect with us

Hi, what are you looking for?

Deluxe Investment Group – Investing and Stock NewsDeluxe Investment Group – Investing and Stock News

Investing

Musk, Ramaswamy huddle with lawmakers in quest to downsize widely-distrusted federal government with DOGE

Many Americans don’t trust the federal government, and Elon Musk — an eccentric billionaire business tycoon tasked by President-elect Donald Trump with helping slay the unwieldly bureaucratic leviathan — thinks that’s just the right attitude.

‘I think we should not trust the government,’ Musk has previously declared.

Apparently, people are way ahead of him. 

‘As of April 2024, 22% of Americans say they trust the government in Washington to do what is right ‘just about always’ (2%) or ‘most of the time’ (21%),’ Pew Research Center noted earlier this year.

Trump tapped Musk and self-identified ‘small-government crusader’ Vivek Ramaswamy to helm the Department of Government Efficiency (DOGE), an effort that puts Washington D.C.’s profligate spending in the crosshairs.

‘We will serve as outside volunteers, not federal officials or employees. Unlike government commissions or advisory committees, we won’t just write reports or cut ribbons. We’ll cut costs,’ the dynamic duo declared in a Wall Street Journal opinion piece last month.

Ramaswamy appears to share similar views to Musk on public trust in government.

‘The reason the people don’t trust the government is that the government doesn’t trust the people. In God we trust and government we distrust,’ Ramaswamy declared in a post on X last year.

But in order to realize their cost-cutting ambitions, Musk and Ramaswamy will need to get government figures on board with their plans.

Lawmakers met with the two entrepreneurs in D.C. on Thursday.

‘Under President Trump, we will take a blowtorch to the administrative state and reduce the size and scope of government. House and Senate Republicans look forward to hosting Elon Musk and Vivek Ramaswamy tomorrow to discuss how the Department of Government Efficiency can help us get it done,’ House Speaker Mike Johnson said in a Wednesday post on X.

This post appeared first on FOX NEWS

Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!



    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Latest News

    Florida Gov. Ron DeSantis (R) needs a massive infusion of cash in the next two months of the Republican presidential primary race to help...

    Editor's Pick

    ERP or Enterprise Resource Planning solutions help businesses of all sizes manage their daily business operations. First used in the 1990s, ERP systems have...

    Economy

    Amp’s 223.67% Leap: Analyzing the Sudden Spike The cryptocurrency community has recently been set abuzz by the phenomenal rise of Amp (AMP). Just in...

    Latest News

    The United States could be on track for a Joe Biden-Donald Trump rematch in 2024, but it’s the president’s son Hunter Biden who earned...

    Disclaimer: Deluxeinvestmentgroup.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 deluxeinvestmentgroup.com