Elon Musk, a close ally of President-elect Trump, admits that achieving his ambitious goal of slashing $2 trillion from the federal budget is unlikely. Critics denounce the plan as unrealistic and potentially harmful to essential programs like Social Security, Medicare, and Medicaid. Musk's proposed budget cuts have drawn heavy fire from economists and opponents of the so-called Department of Government Efficiency, an advisory commission he is leading with billionaire Vivek Ramaswamy.
Mega-billionaire Elon Musk conceded Wednesday that he's not likely to achieve his fantastical goal of slashing $2 trillion from the federal budget, an admission that one critic said underscores the folly of the so-called Department of Government Efficiency.
Opponents of the Department of Government Efficiency—an advisory commission set to be led by Musk and fellow billionaire Vivek Ramaswamy—have warned it is a thinly veiled effort to target Social Security, Medicare, Medicaid, and other nondiscretionary programs, a concern amplified by recent comments from GOP supporters of the panel.'I am a strong advocate of discussing this and reevaluating them, and I do believe, at the end of the day, there will be some cut,' Rep.
ELON MUSK BUDGET CUTS TRUMP ADMINISTRATION SOCIAL SECURITY MEDICARE
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