Musk and Ramaswamy propose new initiative to cut federal government waste

Tesla CEO Elon Musk and former presidential candidate Vivek Ramaswamy proposed a new initiative called the "Department of Government Efficiency" (DOGE) to cut waste in the federal government. This advisory body aims to recommend ways to save up to $2 trillion. House Speaker Mike Johnson and other lawmakers expressed support for the initiative, highlighting the need to reduce government size and improve efficiency. Proposed cuts include reductions in the Department of Education, Pentagon waste, and eliminating some government jobs. Senator Joni Ernst presented a detailed cost-cutting plan, targeting underutilized government buildings and questionable spending programs. However, the feasibility of these proposals passing through Congress remains uncertain.