šØ Trumpās DOGE Plan: The U.S. Department of Government Efficiency
President-elect Donald Trump has unveiled his vision for a new agency: the Department of Government Efficiency (DOGE). This initiative, aimed at reducing federal spending and slashing unnecessary regulations, has gained major support from Coinbase CEO Brian Armstrong. š
š Key Points:
ā¢ Brian Armstrong sees DOGE as a lifetime opportunity to boost economic freedom in the U.S. and streamline government operations. š”
ā¢ Armstrong suggests reducing government spending by 10% of GDP, cutting back on waste, and possibly amending the U.S. Constitution to enforce fiscal discipline.
ā¢ A U.S. sovereign wealth fund could be created, where every citizen contributes, and a budget surplus would be used as a dividend. š°
š® The Dogecoin Effect:
ā¢ The announcement of DOGE has led to a 163% surge in Dogecoin's price, rising from $0.13 to $0.36. Many analysts are now projecting DOGE could hit $1 in the future. š
ā¢ The agency, which will be led by Elon Musk and Vivek Ramaswamy, aims to cut wasteful expenditures, restructure federal agencies, and bring a "shockwave" to the system.
š¬ Whatās your take?
Could the launch of DOGE revolutionize U.S. government spending and boost Dogecoinās value even further? Share your thoughts below! š
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