As DOGE, Elon Musk and Vivek Ramaswamy’s “Division of Authorities Effectivity” will get underway, the 2 billionaires are on the lookout for federal packages and companies to chop, as they search to advance Musk’s espoused aim of trimming $2 trillion from the federal finances. Whereas critics have famous that this aim is—like a lot of Musk’s rhetoric—hyperbolic to the purpose of being unimaginable, that hasn’t stopped the duo from loudly proclaiming a rising listing of targets, in an effort to encourage concern and make it appear like they’re doing one thing.
Certainly one of their just lately espoused targets is California’s long-suffering high-speed rail project. A federally funded effort that Musk has beforehand taken pictures at, the rail mission was initially accepted by voters throughout a poll initiative in 2008. Since then, billions of {dollars} have been spent and fewer than 1 / 4 of the proposed rail line has been constructed. The mission is partially funded by federal grants, although Trump—throughout his first time period—temporarily put an end to that. When Biden got here into workplace, he turned the funding spigot back on. Now, presumably, will probably be turned off once more.
It’s beforehand been reported that Musk promoted the Hyperloop, a futuristic underground shuttle, in an effort to trigger issues for California’s rail mission. Musk talked quite a bit concerning the Hyperloop for years however by no means meant on constructing it. It was a method of diversion that the automotive magnate reportedly hoped might make “the general public and legislators rethink” their funding within the prepare system. You already know, as a result of he’s within the enterprise of promoting automobiles. Final week, Ramaswamy equally took purpose on the mission in a post on Musk’s platform, X, calling the rail “a wasteful self-importance mission” that had wasted “billions in taxpayer money, with little prospect for completion within the subsequent decade.” He added: “President Trump accurately rescinded ~$1BN in federal funds for this boondoggle in 2019, however Biden reversed that & doubled down. Time to finish the waste.”
Ramaswamy’s feedback got here not lengthy earlier than he and Musk descended on Capitol Hill to satisfy with lawmakers and talk about their upcoming plans. The 2 billionaires appeared in D.C. on Thursday for a closed-door session with Republicans, throughout which they reportedly discussed how DOGE would “revive the precept of restricted authorities.” Throughout that assembly, which concerned the brand new Senate Republican chief John Thune, potential targets for funding cuts have been mentioned, which apparently included necessary spending packages like Social Security and Medicare. Certainly, NBC reviews that Thune expressed to a journalist that “maybe necessary packages are areas that they’re seeking to make cuts in, like Social Safety, for instance.” The information comes after a concerted push by some Republican leaders to demonize these packages.
One other goal that Musk mentioned was federal subsidies for electrical autos. In what appears to have been a moderately brazen effort to push a coverage that might doubtlessly profit his personal EV firm Tesla, Musk reportedly told a journalist that he thought the federal government “ought to eliminate all credit.” In July, Musk equally steered taking away federal subsidies for EV corporations, posting on X: “Take away the subsidies. It would solely assist Tesla.” He added: “Additionally, take away subsidies from all industries!”
The entire purpose that Musk is within the place that he’s presently in is that he used his immense wealth to assist get Trump elected, and new data additionally got here to mild Friday on simply how a lot cash Musk had spent in that regard. An evaluation of just lately launched Federal Election Fee filings discovered that the tech magnate had spent over a quarter of a billion dollars—or roughly $277 million—in his effort to get Trump again within the White Home. The Washington Submit has famous that Musk most likely spent greater than that, for the reason that “entirety of Musk’s donations this election cycle” could not “be mirrored in publicly accessible paperwork.”
Whereas a lot of Musk’s monetary contributions went in the direction of America PAC, the political motion committee he created, he additionally donated a big quantity to lesser-known teams, together with a little-known PAC designed to persuade Individuals that Trump didn’t need to take away their abortion rights. That PAC, named “RBG” after Ruth Bader Ginsberg, obtained as a lot as $20 million from Musk, the New York Instances has reported.
Musk has additionally made it recognized that he plans to make use of a lot of the infrastructure that was constructed in the course of the marketing campaign to proceed pushing his political agenda in D.C. He has stated he desires to keep America PAC active, with plans to make use of it throughout, in addition to to doubtlessly use it to oust liberal district attorneys across the country. Musk additionally apparently plans to continue using X (formerly Twitter) to broadcast his and Trump’s agenda to the general public.
Trending Merchandise

Lenovo New 15.6″ Laptop, Intel Pentium 4-core Processor, 40GB Memory, 2TB PCIe SSD, 15.6″ FHD Anti-Glare Display, Ethernet Port, HDMI, USB-C, WiFi & Bluetooth, Webcam, Windows 11 Home

Thermaltake V250 Motherboard Sync ARGB ATX Mid-Tower Chassis with 3 120mm 5V Addressable RGB Fan + 1 Black 120mm Rear Fan Pre-Installed CA-1Q5-00M1WN-00

Sceptre Curved 24-inch Gaming Monitor 1080p R1500 98% sRGB HDMI x2 VGA Build-in Speakers, VESA Wall Mount Machine Black (C248W-1920RN Series)

HP 27h Full HD Monitor – Diagonal – IPS Panel & 75Hz Refresh Rate – Smooth Screen – 3-Sided Micro-Edge Bezel – 100mm Height/Tilt Adjust – Built-in Dual Speakers – for Hybrid Workers,Black

Wireless Keyboard and Mouse Combo – Full-Sized Ergonomic Keyboard with Wrist Rest, Phone Holder, Sleep Mode, Silent 2.4GHz Cordless Keyboard Mouse Combo for Computer, Laptop, PC, Mac, Windows -Trueque

ASUS 27 Inch Monitor – 1080P, IPS, Full HD, Frameless, 100Hz, 1ms, Adaptive-Sync, for Working and Gaming, Low Blue Light, Flicker Free, HDMI, VESA Mountable, Tilt – VA27EHF,Black
