• 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

Republican populism craters as Trump stumbles, Democrats surge

December 5, 2025

Trump taps new architect to reshape White House...

December 5, 2025

Bipartisan House group pushes new ‘CommonGround 2025′ healthcare...

December 4, 2025

Dem attempt to thwart Trump noms backfires, Republicans...

December 4, 2025

More than 160 House Dems vote against crackdown...

December 4, 2025

Hegseth did not issue ‘kill them all’ order...

December 4, 2025

IG: Hegseth broke Pentagon rules using Signal to...

December 4, 2025

EXCLUSIVE: Charlie Kirk’s final book battles the ‘machine...

December 4, 2025

House GOP splits over Obamacare fix as costs...

December 4, 2025

Melania Trump says 7 more Ukrainian children reunited...

December 4, 2025
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

  • 5 ways your political point of view may be damaging your mental health

    July 21, 2025
  • Senate Democrats, Republicans reach deal to reopen government

    November 10, 2025
  • House GOP plan to avert government shutdown on life support as Johnson delays vote

    September 11, 2024
  • Deputy AG seeks Ghislaine Maxwell meeting in Epstein investigation

    July 22, 2025
  • House passes bill that would sanction International Criminal Court for trying to arrest Netanyahu

    January 9, 2025

Popular Posts

  • 1

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

    July 21, 2024
  • 2

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

    July 19, 2024
  • 3

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

    April 2, 2025
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,970)
  • Investing (644)
  • Stock (963)

Latest Posts

  • Country artist shares why he’s throwing his star power into race to replace top Republican

    September 11, 2025
  • American journalist detained in Iran as Supreme Leader Khamenei threatens US, Israel, State Department says

    November 3, 2024
  • Massive Russia sanctions package stalls as Trump pushes for Ukraine peace talks

    June 4, 2025

Recent Posts

  • Trump battles John Bolton, Chris Christie and threatens to pull funds from Wes Moore’s Maryland

    August 26, 2025
  • Trump says US will ‘take a pass’ on Ukraine peace efforts if Russia refuses to play ball

    April 18, 2025
  • Afghans for Trump group looking to make foreign policy — and 2021 withdrawal — front and center in election

    November 3, 2024

Editor’s Pick

  • Pete Hegseth heads to Capitol Hill for fiery hearing on his record, plans to shake up Pentagon

    January 14, 2025
  • House leaders move quickly to consolidate power in show of confidence for Republican takeover

    November 7, 2024
  • CEOs want workers back in offices—this company is giving workers a $10,000 raise to do it

    February 21, 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