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

‘A lot of waste’: Blackburn and Ramaswamy talk DOGE cuts

by November 25, 2024
written by November 25, 2024

Vivek Ramaswamy, who was recently tapped by President-Elect Trump to head the nascent Department of Government Efficiency (DOGE) alongside tech billionaire Elon Musk, said there are several ‘low-hanging fruit’ to weed out ‘a lot of waste’ through executive action when Trump takes office.

‘One of the low-hanging fruit areas is to look at areas under the executive branch, through executive action that we can actually put an end to a lot of the money that hasn’t been authorized by Congress, but it’s still being spent, a lot of the waste, fraud and abuse, even in entitlement programs that are resulting in a lot of frictional cost, and ultimately tame the administrative state itself back down to the size that would make our Founding Fathers proud,’ Ramaswamy said on ‘Unmuted,’ Republican Sen. Marsha Blackburn’s podcast.

Last week, both Musk and Ramaswamy took to X, formerly Twitter, to say they’ll also focus on defense spending cuts while heading up the DOGE advisory panel. 

‘We need to strengthen our military by focusing on the *effectiveness* of our defense spending, rather than just reflexively increasing the magnitude,’ Ramaswamy wrote.

DOGE will expire in July 2026, he noted, on the 250th anniversary of the Declaration of Independence. 

‘I think it was Reagan who famously said there’s no such thing as a government program that doesn’t live, it’s the best evidence we have for eternal life,’ Ramaswamy said. ‘And you know, I don’t think it has to be that way.’ 

Blackburn added that she has introduced legislation to halt federal salary increases and hiring until recommendations from DOGE are implemented, as well as a bill to reform the federal workforce, advocating for a shift from tenure-based promotions to a merit-based system.

‘And those are things that need to be enacted,’ Blackburn said. ‘We are just so pleased that President Trump has said now’s the time. We’re so pleased that he has said that you and Elon are the people to make this happen.’

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.

House Republicans are also jumping on the bandwagon to slash spending. Rep. Stephanie Bice, R-Okla., introduced a new bill last week – the ‘Decreasing Overlapping Grants Efficiently (DOGE) Act’ – that would establish a system for cutting down on redundant government grants across multiple departments.

‘It’s a big undertaking,’ Ramaswamy said. ‘But I do think that if we bring the public along and even allow the public to participate in airing areas where they’re encountering government waste or bureaucracy and surface that we’re able to make this something that isn’t just top down, but also bottom up.’

Fox News Digital’s Elizabeth Elkind contributed to this report. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
PETA protests Biden turkey pardon with ‘Hell on Wheels’ display, subliminal messaging to make people go vegan
next post
Macy’s says employee hid up to $154 million in expenses since 2021

related articles

‘American hero’ or ‘failure’: Elon Musk’s DOGE departure...

May 30, 2025

Unfinished Business: The budget cuts Musk couldn’t complete...

May 30, 2025

Alleged attempt to impersonate White House chief of...

May 30, 2025

Inside the late-night drama that led to Trump’s...

May 30, 2025

I’m a physician and I’m worried that our...

May 30, 2025

Trump denounces court’s ‘political’ tariff decision, calls on...

May 30, 2025

President Trump teases ‘last day, but not really’...

May 30, 2025

State Dept says DOGE’s changes will be permanent...

May 30, 2025

Jill Biden should have to answer for ‘cover...

May 29, 2025

DOGE staffing shakeup as Elon Musk hangs up...

May 29, 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

  • Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

    January 15, 2025
  • An American father’s plea: President Trump, please bring my son and the other hostages home from Gaza

    April 29, 2025
  • Gold and silver: gold again this morning above $2400

    July 29, 2024
  • Panama denies State Dept claim that it is eliminating fees for US gov vessels using canal

    February 6, 2025
  • Kash Patel takes reins at scandal-ridden FBI with ‘America always’ mindset: ‘Let good cops be cops’

    February 21, 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

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

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,728)
  • Investing (624)
  • Stock (774)

Latest Posts

  • Risch proposes bill to block US foreign aid from funding abortions

    January 30, 2025
  • Back on the trail: Top Biden surrogate Newsom now campaigning for Harris

    September 10, 2024
  • SoundHound stock surges 18% following acquisition of Amelia AI: Good time to buy?

    August 8, 2024

Recent Posts

  • USD/CHF in a strong up trend; USD/JPY breaks out of the zone

    November 15, 2024
  • Render (RNDR) hits crucial user milestone ahead of much-anticipated token swap

    July 18, 2024
  • JOE CONCHA: My top five ‘Cringe’ Jean-Pierre moments

    January 18, 2025

Editor’s Pick

  • House DOGE hearing erupts over Democrat deeming Trump ‘grifter in chief,’ referring to ‘President Musk’

    February 26, 2025
  • Meta achieves historic 16-day rally: a Nasdaq first in decades

    February 12, 2025
  • China attacked US with hackers. We need to hit back hard

    December 16, 2024
  • 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