△ Ramaswamy (left) and Musk (right) On November 20, local time, American entrepreneur Elon Musk and former Republican presidential candidate Vivek Ramaswamy detailed their plans to reform the U.S. federal government in a column in the Wall Street Journal, including large-scale cuts in federal agencies and cuts in subsidies for related organizations. On November 12, local time, U.S. President-elect Trump announced that Musk and Ramaswamy will jointly lead the proposed "Ministry of Government Efficiency" after he takes office as president, which will "pave the way for dismantling government bureaucracy, cutting redundant regulations and wasteful spending, and restructuring federal agencies." "We will cut costs," Musk and Ramaswamy wrote in the article, "We are entrepreneurs, not politicians. We will serve as external volunteers, not federal officials or employees... We will cut costs." The article said that the department is assisting the Trump transition team to identify and hire a streamlined team of small government reformers. This team will work closely with the White House Office of Management and Budget in the new government. Musk and Ramaswamy will advise the Department of Government Efficiency at every step to achieve three major reforms: deregulation, reduced administration, and cost savings. In addition, the department will place special emphasis on driving change through executive action based on existing legislation rather than passing new laws. Massive cuts in federal agencies The article states that the Department of Government Efficiency intends to make large-scale cuts in federal agencies. The two wrote in the article: "A significant reduction in federal regulations provides a reasonable logic for large-scale layoffs throughout the federal bureaucracy. The Department of Government Efficiency will determine the minimum number of employees required for each agency to perform its constitutionally permitted and statutorily authorized functions. The number of federal employees to be cut should be at least proportional to the number of federal regulations being repealed: not only can fewer regulations be enforced with fewer employees, but once the scope of an agency's authority is properly limited, it will enact fewer regulations."
△Musk (data map) The two said that the department will help fired officials transition to the private sector. The president can use existing laws to encourage them to retire early and voluntarily pay severance so that they can leave "decently". The article added that "from large-scale layoffs to moving federal agencies out of the Washington area, these new regulations will limit the excessive growth of the executive branch." The article also suggested changing the principle of telework, saying that this would "trigger a wave of voluntary resignations," which they "welcomed". The article estimates that federal spending of "$500 billion" can be quickly reduced by cutting subsidies for organizations such as public broadcasting and international organizations. The two said that the mission of the "Government Efficiency Department" will end on July 4, 2026. The new department will "send shock waves throughout the system" △ Trump and Musk According to Musk's previous statement, the newly established "Government Efficiency Department" will "send shock waves throughout the system," and anyone involved in government waste will be affected. Musk stated in October that he would drastically cut government spending, "cutting at least $2 trillion from the federal budget." Musk also expressed his desire to streamline government departments. He supported cutting the number of federal government agencies by about 75%, leaving "only 99" out of approximately 428 agencies.
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