• 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

Trump warns Rand Paul he’s playing into ‘hands...

June 1, 2025

White House urges Iran to accept nuclear deal...

June 1, 2025

Israel hostage deal in doubt as Hamas adds...

May 31, 2025

Iran condemns Austria over report on advanced nuclear...

May 31, 2025

Michelle Obama facing backlash over claim about women’s...

May 31, 2025

Hamas agrees to release 10 more hostages

May 31, 2025

ROBERT MAGINNIS: 9 signs Beijing’s Taiwan invasion may...

May 31, 2025

Hunter Biden seen driving Toyota rental in South...

May 31, 2025

Trump tariff plan faces uncertain future as court...

May 31, 2025

Musk confident DOGE will save $1 trillion as...

May 30, 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

  • Biden’s former spokesman slams Trump and GOP ‘colluding to impeach’ judges

    March 20, 2025
  • Trump inauguration: Who is expected to attend, and who is boycotting?

    January 19, 2025
  • How to watch the Fox News – CBS News Vice Presidential Debate Simulcast

    September 30, 2024
  • Taiwanese people ready to fight as China ramps up aggression, ambassador says

    October 4, 2024
  • ‘Big win’: Trump touts federal funding bill passage in the House

    March 12, 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 (4,742)
  • Investing (624)
  • Stock (775)

Latest Posts

  • Biden defends withdrawing from Afghanistan, dropping re-election bid in last UN address as president

    September 24, 2024
  • The dollar index in a strong bearish trend for a long time

    August 5, 2024
  • Hegseth signs ‘No More Walking on Eggshells’ policy, demands review of equal opportunity complaint process

    April 25, 2025

Recent Posts

  • Epstein files debacle spurs new interest in contents of promised RFK, MLK assassination files

    February 28, 2025
  • Where Vance and Walz favorability ratings stand 60 days to Election Day

    September 5, 2024
  • Supreme Court weighs religious liberty dispute over public funding for Catholic charter school

    April 30, 2025

Editor’s Pick

  • ‘Half a dozen’ more states to ban soda, junk food purchases with food stamps, Trump Agriculture secretary says

    May 23, 2025
  • SCOOP: Lindsey Graham amendment signals GOP budget breakthrough, sets stage for Trump agenda

    April 2, 2025
  • Cantor Fitzgerald sets $20 price target for Core Scientific stock: Should you buy?

    July 18, 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