The Department of Government Efficiency (DOGE), created by Donald Trump, is reportedly looking to cut government spending. Led by Vivek Ramaswamy and Elon Musk, the advisory committee seeks to cut federal spending by $2 trillion by July 4, 2026. Many are wondering how this plan could impact the US government, as it fits into Trump’s economic reform goals.

Armstrong supports financial restraint

To maximize DOGE’s impact, Coinbase CEO Brian Armstrong has proposed structural changes. He specifically proposed that government spending be capped at 10% of GDP. According to Armstrong, this constitutional amendment could streamline federal operations and encourage business growth. Furthermore, he emphasized that the committee offers a unique opportunity to redefine government spending priorities.

Such proposals have sparked curiosity among analysts and citizens alike. Many wonder whether such radical measures can gain bipartisan support. Aside from financial constraints, Armstrong sees DOGE as a catalyst for improving the nation’s business ecosystem.

Bold statements and controversial remarks

Vivek Ramaswamy has hinted at drastic plans to restructure government offices. At a recent event, he discussed eliminating unnecessary bureaucratic roles. He also described their mission as “massive expulsion of unelected federal officials.”

These comments highlight the committee’s bold vision for reforming the framework of government. Notably, critics have questioned how this fits into maintaining essential services. Elon Musk’s leadership has also drawn attention, given his reputation for making groundbreaking innovations. As such, the committee’s strategy is likely to spark debates about efficiency versus practicality.

A promising but challenging path

The creation of DOGE fulfills Trump’s campaign finance reform promise, and the initiative could redefine how federal resources are allocated. However, the scale of the proposed changes has raised skepticism.

Achieving these goals by 2026 will require unprecedented coordination, analysts believe. Moreover, balancing financial prudence with functional governance could be a challenge. But advocates say having leaders like Musk and Ramaswamy on board could accelerate the transformation.