• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

‘Efficient and accountable’: GOP-led DOGE bill aims to slash outflow of federal dollars

by November 21, 2024
written by November 21, 2024

House Republicans are eyeing ways to slash the outpouring of federal dollars after President-elect Donald Trump signaled that cutting government red tape would be a major part of his agenda.

Rep. Stephanie Bice, R-Okla., introduced a new bill on Thursday, titled the ‘Decreasing Overlapping Grants Efficiently (DOGE) Act,’ which would establish a system for cutting down on redundant government grants from across multiple departments.

It comes after Trump announced the creation of an advisory panel called the Department of Government Efficiency, which he tapped Vivek Ramaswamy and Elon Musk to lead.

‘Like Elon Musk and Vivek Ramaswamy, I’m looking at ways to make the government more efficient and accountable,’ Bice told Fox News Digital. ‘The DOGE Act would create a deconfliction and tracking system for federal grants that not only reduces waste but also builds confidence in how public funds are distributed and managed.’

In addition to the tracking system the legislation creates, it also prohibits the government from issuing multiple federal grants to the same applicant for the same or similar purpose.

It would also commission a report on the benefits of using artificial intelligence to more efficiently identify duplicative grant applications.

One of the bill’s co-sponsors is Rep. Aaron Bean, R-Fla., who co-founded the DOGE Caucus in the House earlier this week.

It is another sign of Republicans readying to hold all the levers of power in Washington, D.C., next year, when the GOP will take over the Senate and White House in addition to retaining control of the House.

When announcing the Department of Government Efficiency, Trump said the panel would help his administration ‘slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.’

House Oversight Committee Chairman James Comer, R-Ky., recently announced a new subcommittee for the 119th Congress to correspond with the Department of Government Efficiency.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
RUBY CHEN: Trump NSA pick Mike Waltz can help US crush Hamas
next post
Gaetz withdraws as attorney general nominee

related articles

Spanberger takes fire from all sides as Youngkin,...

March 27, 2026

AAP faces pressure over trans youth care, guiding...

March 27, 2026

Indicted Democrat Rep Sheila Cherfilus-McCormick one step closer...

March 27, 2026

House conservatives rage against Senate DHS shutdown deal

March 27, 2026

DHS shutdown breakthrough comes at cost for Republicans...

March 27, 2026

Knives out for Fetterman as Democrats turn on...

March 27, 2026

Battleground Dem candidate linked public displays of faith...

March 27, 2026

Don Jr.’s shadow hangs over Trump mine fight...

March 27, 2026

Rubio meets G7 ministers in France as US...

March 27, 2026

Hillary Clinton returning to New Hampshire — but...

March 26, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • State attorneys general ask SCOTUS to uphold TikTok divest-or-ban law amid Trump request to pause ban

    December 29, 2024
  • Trump to head to Davos as Greenland dispute sparks rising tensions with NATO allies

    January 20, 2026
  • Harris-Trump 2024 Showdown: What a new post-debate national poll shows

    September 12, 2024
  • Iran’s collapse or survival hinges on one choice inside the Revolutionary Guard

    January 12, 2026
  • 26 Republican attorneys general join Virginia in petitioning Supreme Court to rule on voter roll

    October 29, 2024

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,399)
  • Investing (1,433)
  • Stock (994)

Latest Posts

  • Southwest Airlines will charge to check bags for the first time, launch basic economy tickets

    March 11, 2025
  • MARK HALPERIN: Democrats try to construct a Frankenstein candidate while JD Vance gains momentum for 2028

    June 6, 2025
  • Trump quietly signs sweeping $901B defense bill after bipartisan Senate passage

    December 19, 2025

Recent Posts

  • EURUSD and GBPUSD: GBPUSD rises to a new high for the year

    July 15, 2024
  • DOGE joins budget battle on side of Defense Department

    March 14, 2025
  • Trump names latest White House staff picks as Jan. 20 inauguration approaches

    January 5, 2025

Editor’s Pick

  • Biden camp skipped Super Bowl interview amid Robert Hur report concerns: source

    August 8, 2025
  • Chipotle has been on a hot streak with customers

    July 25, 2024
  • Trump removes Antony Blinken, Letitia James, Alvin Bragg’s security clearances among others

    February 9, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock