Can Elon Musk cut $2 trillion from US government spending? - BBC

Nov 13, 2024  · The boss of Tesla and the social media site X, Elon Musk, suggested last month at Donald Trump’s rally in New York City that it would be possible to cut “at least $2 trillion” from US ...


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Can Elon Musk Cut $2 Trillion From US Government Spending? - BBC

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Nov 13, 2024  · The boss of Tesla and the social media site X, Elon Musk, suggested last month at Donald Trump’s rally in New York City that it would be possible to cut “at least $2 trillion” from US ...

bbc.com

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Elon Musk $2 Trillion Federal Spending Cut: What's In The Plan?

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Oct 31, 2024  · What could be cut in Elon Musk’s proposed plan. In fiscal year 2024, the federal government spent a total of $6.75 trillion, according to the Treasury Department. Should Musk …

newsnationnow.com

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Can Elon Musk Really Cut $2 Trillion In Government Spending ...

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Dec 19, 2024  · Based on the 2023 budget of $6.1 trillion, approximately $3.8 trillion is already committed to legally mandated programs like Social Security, Medicare, and veterans benefits. …

gobankingrates.com

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DOGE Federal Budget Overhaul: Musk And Ramaswamy’s $2 …

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3 days ago  · Billionaire Elon Musk Vivek Ramaswamy, (as head of newly formed Department of Government Efficiency (DOGE) has unveiled a master plan to reduce federal spending by $2 …

indiatimes.com

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How Trump Superfan Elon Musk’s Plan To Cut $2 Trillion In …

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Oct 30, 2024  · That means in addition to the pledged $2 trillion cut, Musk would have to slash a total of $3.5 trillion in government spending next year to offset the new debt forecast to created …

inc.com

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How Elon Musk And Vivek Ramaswamy Teamed Up To Gut $2 …

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Dec 16, 2024  · Now, Musk and Ramaswamy have teamed up to cut $2 trillion in annual government spending, or more than 30% of the federal budget, within two years. Partner …

marketwatch.com

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Elon Musk’s $2 Trillion In U.S. Budget Cuts Could Bring Economic ...

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Oct 29, 2024  · Musk’s plan to cut $2 trillion in U.S. spending could bring economic turmoil ... Elon Musk at Madison Square Garden in New York during a rally for Donald Trump on Sunday. ...

washingtonpost.com

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‘Your Money Is Being Wasted’: Elon Musk Just Claimed He Could Cut …

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Nov 1, 2024  · If Musk takes on the efficiency commission, he’ll face a formidable challenge. The federal government ran a $1.83 trillion deficit for the 2024 fiscal year. This is the amount by …

moneywise.com

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Musk Wants $2 Trillion Cut From US Budget. It’d Be Difficult - Yahoo

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Oct 28, 2024  · The closest to Musk’s austerity push would be a budget proposed by Republican Senator Rand Paul, which would cut spending by 6% a year every year for five years, until the …

yahoo.com

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Musk Wants $2 Trillion Of Spending Cuts. Here’s Why That’s Hard.

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The U.S. federal government spent $6.75 trillion in the most recent fiscal year ended Sept. 30, according to the Congressional Budget Office. Walk around town handing $20,000 to …

msn.com

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Can Elon Musk Cut $2 Trillion From US Government Spending?

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Nov 13, 2024  · The boss of Tesla and the social media site X, Elon Musk, suggested last month at Donald Trump’s rally in New York City that it would be possible to cut “at least $2 trillion” …

bbc.co.uk

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Can Trump And Musk Really Cut $2 Trillion In Federal Spending?

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Dec 3, 2024  · "At least $2 trillion" was Elon Musk's casual preelection response when asked how much a new Donald Trump administration could cut from the federal government. As a goal for …

reason.com

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Can Elon Musk Save $2 Trillion For Donald Trump? - The Economic …

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Nov 28, 2024  · President-elect Donald Trump newest efficiency advisor, billionaire Elon Musk, wants to take at least $2 trillion off the top of the annual federal budget.Musk's budget-cutting …

indiatimes.com

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Elon Musk Eyes $2 Trillion From US Budget. What Is Impact On

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Nov 1, 2024  · Media reports quoted Elon Musk saying he can slash $2 trillion, roughly 30%, of the $6 trillion-plus federal budget, though it will result in "temporary hardship" for Americans.. The …

usatoday.com

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Elon Musk Has New Idea For Donald Trump: Giant Budget Cuts

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Oct 28, 2024  · The federal government spent about $6.8 trillion in the 2024 budget year ― which ended Sept. 30 ― but only brought in about $4.9 trillion, resulting in the third largest deficit …

huffpost.com

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How Elon Musk Pledges To Cut $2,000,000,000,000 From US …

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Nov 14, 2024  · Musk and Ramaswamy have vowed to shave $2 trillion from government spending, and with that being more than just a bit of pocket change, many are asking how the …

uniladtech.com

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Elon Musk Leads Charge To Kill Spending Bill Meant To Avert …

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Dec 19, 2024  · Throughout the day, amid Musk’s flurry of tweets, the odds rose to 40%. Many of his posts on X got tens of millions of views, according to the app’s publicly visible data.

nbcnews.com

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DOGE Can Find The $2 Trillion In Spending Cuts Musk Wants - Fox …

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Dec 6, 2024  · When Elon Musk was asked on the campaign trail how much he believes the Department of Government Efficiency (DOGE) could "rip out" from the Biden-Harris …

foxbusiness.com

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Elon Musk Cutting $2 Trillion Of US Spending Is Not Good For …

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Elon Musk's plans to cut US spending by $2 trillion under the Trump 2.0 administration will strengthen the dollar and be negative for markets, Christopher Wood, global head of equity …

hindustantimes.com

FAQs about Can Elon Musk cut $2 trillion from US government spending? - BBC Coupon?

Will Elon Musk cut $2 trillion from US government spending?

Will Elon Musk be able to cut $2 trillion from US government spending? The boss of Tesla and the social media site X, Elon Musk, suggested last month at Donald Trump’s rally in New York City that it would be possible to cut “at least $2 trillion” from US government spending by eradicating “waste”. ...

Can Elon Musk cut $2 trillion from a bloated federal budget?

Elon Musk has thrown down a $2 trillion gauntlet, claiming he can slash federal spending by that amount. While the billionaire's proclamations on X often generate more heat than light, one can only hope he will succeed. The real question isn't whether we can cut $2 trillion from a bloated $6.8 trillion federal budget—we absolutely can. ...

Will Elon Musk and Vivek Ramaswamy slash $2 trillion from federal budget?

Elon Musk and Vivek Ramaswamy, now leading the Department of Government Efficiency (DOGE), have unveiled a sweeping plan to slash $2 trillion from the federal budget. Billionaire Elon Musk Vivek Ramaswamy, (as head of newly formed Department of Government Efficiency (DOGE) has unveiled a master plan to reduce federal spending by $2 trillion. ...

How do Elon Musk and Vivek Ramaswamy plan to cut $2 trillion?

Elon Musk and Vivek Ramaswamy plan to cut $2 trillion from the federal budget by targeting agencies like the IRS and Department of Education, reevaluating defense spending, and addressing wasteful government expenses. What is the Department of Government Efficiency (DOGE)? ...

Did Elon Musk cut spending during Trump rally?

During Donald Trump’s rally at Madison Square Garden on Sunday, campaign surrogate Elon Musk pitched an eyebrow-raising $2 trillion budget cut. Billionaire businessman Howard Lutnick introduced fellow billionaire Musk during the rally and asked Musk about cutting spending. ...

What if Elon Musk is serious about fiscal discipline?

If Musk is truly serious about fiscal discipline, he'll advise the president-elect to eschew many of the policies he promised on the campaign trail. Elon Musk has thrown down a $2 trillion gauntlet, claiming he can slash federal spending by that amount. ...

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