Elon Musk and Vivek Ramaswamy launch advisory board to tackle US government efficiency
Elon Musk and Vivek Ramaswamy are leading an advisory board aimed at improving government efficiency, similar to the 1982 Grace Commission. However, experts doubt their ability to implement significant changes to the complex $6.8 trillion federal budget. Musk has suggested cutting $2 trillion from the budget, but most spending is mandatory, including Medicare and Social Security, making cuts politically challenging. Discretionary spending is already at a low level, complicating efforts to achieve substantial savings. Musk and Ramaswamy propose targeting unauthorized federal expenditures. They may also explore unilateral spending cuts, which could face legal challenges. The effectiveness of their strategies remains uncertain.