Observers of Argentina's economy say President Javier Milei's regime should be a template for Elon Musk and Vivek Ramaswamy's 'DOGE' program.
Argentinian President Javier Milei touted his administration's achievement of balancing the budget on Wednesday as observers called on billionaire Elon Musk to do the same thing for the U.S. via President-elect Trump's "DOGE" program. The International Monetary Fund revealed data showing a drastic turnaround, starting in 2023, in Argentina's budget balance in relation to its GDP. The nation's deficit has reached effectively zero for the first time in over 100 years.
is already receiving support from Republicans in Congress. Sen. Marsha Blackburn will roll out a package of legislation backing up the effort as Republican lawmakers launch legislative efforts to rally behind the cost-cutting goals. REP. The Tennessee Republican announced her plans to unveil the "DOGE Acts" in a post on X last week. They would seek to move federal agencies out of Washington, D.C., freeze federal hiring and salaries for one year, and get federal workers back in the office. Along with Blackburn's legislative plans, Sen. Joni Ernst, R-Iowa, chair of the Senate's DOGE Caucus, unveiled a 60-page cost-cutting proposal during a meeting with GOP senators and Ramaswamy on Thursday.
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