• 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
White House insists Biden, Harris have ‘one of most successful administrations in history’ despite 2024 loss
next post
Macy’s says employee hid up to $154 million in expenses since 2021

related articles

Iran’s collapse or survival hinges on one choice...

January 12, 2026

Expert warns of ‘extreme violence’ in Venezuelan mining...

January 12, 2026

US used sonic weapon on Venezuelan troops, report...

January 11, 2026

Federal judge blocks Trump administration from enforcing mail-in...

January 11, 2026

Trump responds to post suggesting Rubio as president...

January 11, 2026

Netanyahu and Rubio discuss US military intervention in...

January 11, 2026

Protester scales Iranian Embassy in London, tears down...

January 11, 2026

Trump discusses whether he’d order a mission to...

January 11, 2026

Four tankers that left Venezuela in ‘dark mode’...

January 10, 2026

Trump answers on whether he’d order a mission...

January 10, 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

  • RBC upgrades Lockheed Martin to ‘Outperform’ with $600 price target: Is it time to buy?

    August 5, 2024
  • Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap

    July 2, 2025
  • Liberal Supreme Court justice makes ‘cringe’ cameo performance on Broadway

    December 17, 2024
  • ‘Squad’ Dems to rally for Cori Bush as she fights for her political life

    August 5, 2024
  • Long CRM: riding the bullish momentum with strong breakout, AI innovations, and record margins

    December 4, 2024

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

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

    April 2, 2025
  • 3

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

    July 19, 2024
  • 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 (7,407)
  • Investing (814)
  • Stock (965)

Latest Posts

  • Gaming giant Nintendo’s Q1 net profit declines by 55% as Switch sales fall

    August 2, 2024
  • Donald Trump Jr. has ‘ZERO interest’ in a 2028 run, but isn’t ruling out possibility of a political future

    May 21, 2025
  • Ripple and Tron: strong bullish impulses this week

    August 20, 2024

Recent Posts

  • Schumer gathers key committee Dems to talk looming Hegseth confirmation hearing

    January 14, 2025
  • MIKE DAVIS: Reagan-appointed judge driven from bench by TDS is a wolf in wolf’s clothing

    November 15, 2025
  • FLASHBACK: Trump seeks to expand fertility coverage, after Tim Walz once accused him of being ‘anti-IVF’

    February 19, 2025

Editor’s Pick

  • ‘No reason’ for new nukes: Trump floats disarmament talks with China, Russia

    February 14, 2025
  • Americans are flocking to Texas: 9 of the 10 fastest-growing U.S. cities are there

    July 24, 2024
  • ‘DOGE caucus is dead,’ House Democrat declares

    May 14, 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