Elon Musk has been named co-chair of a new Department of Government Efficiency! 🔥🏛 💥🚨
Elon Musk, the visionary behind Tesla and X, has been tapped by President-elect Donald Trump to head the newly formed Department of Government Efficiency. 🤍
💯The move comes after Musk suggested at a rally in New York City that it’s possible to cut at least $2 trillion from U.S. government spending by eliminating waste.
## Key takeaways:🌍🏛
- Massive savings: Musk’s proposed cuts would represent a 30% reduction in total federal government spending, which was $6.75 trillion in the last fiscal year.
- Focus on efficiency: The economic development plan aims to streamline government operations, reduce redundant regulations, and cut unnecessary expenses. ✈🏛
- Leadership: Musk will lead this initiative in collaboration with entrepreneur Vivek Ramaswamy, bringing their entrepreneurial expertise to the public sector.
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