Elon Musk and Vivek Ramaswamy are dropping hints about where the co-leads of President-elect Trump’s Department of Government Efficiency (DOGE) will focus its efforts on trimming federal spending when the new administration takes over in January.Musk, the wealthiest person in the world who is known for his ambitious goals, has set an aim to slash $2 trillion in federal spending under the initiative, while Ramaswamy, a billionaire in his own right, has said entire agencies will be “deleted” under DOGE’s recommendations.FOX Business compiled a list of what the successful entrepreneurs see as opportunities for improvement – and what they say they won’t touch:“In 1955, there were less than 1.5 million words in the U.S.Tax Code.
Today, there are more than 16 million words,” DOGE posted to its X account on Nov.15.
“Because of this complexity, Americans collectively spend 6.5 billion hours preparing and filing their taxes each year.This must be simplified.”Two days after the previously cited post, DOGE flagged that the Department of Defense had failed its 7th straight audit last month, noting that the DOD once again cannot fully account for its budget – which was $824 billion.When Musk saw the news about the Pentagon’s latest failed audit, we wrote on X, “Sounds like a job for @DOGE!”In a subsequent post, Ramaswamy noted that the Department of Education (DOE) just failed its third consecutive audit and the U.S.
Department of Agriculture (USDA) “showed significant deficiencies.” He also threw red flags about AmericCorp’s budget, calling all the findings, “Utterly unacceptable” before adding, “Time for DOGE.”“In FY2024, U.S.Congress provided $516 billion to programs whose authorizations previously expired under federal law,” the DOGE X account posted on Nov.
16.“Nearly $320 billion of that $516 billion expired more than a decade ago.”DOGE and its co-leads have vowed repeatedly to end telework for federal employe...