Elon Musk and Vivek Ramaswamy discuss spending cuts with Republican lawmakers

gazette.com

Elon Musk and Vivek Ramaswamy met with Republican lawmakers to discuss spending cuts requested by President-elect Donald Trump. They aim to save $2 trillion by reducing federal workers, cutting regulations, and eliminating expired programs, though challenges are expected. Musk emphasized the need for efficient spending of public funds and suggested eliminating all tax credits. Ramaswamy noted potential savings from reducing waste in benefit programs like Social Security before pursuing more significant reforms. Republicans control Congress and the White House but face difficulties in achieving substantial cuts. Trump has indicated he will not reduce benefits for Social Security or Medicare, which comprise a large portion of federal spending.


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