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

DOGE eyes suggestions to slash federal DEI programs: report

by January 17, 2025
written by January 17, 2025

Tesla and SpaceX CEO Elon Musk and tech entrepreneur Vivek Ramaswamy’s newly created Department of Government Efficiency (DOGE) is eying a proposal that would slash federal diversity and inclusion programs, according to a new report.

DOGE is tasked with eliminating government spending, waste and streamlining efficiency and operations, and is expected to influence White House policy on budget matters. 

The proposal circulating among DOGE advisors is a 19-page report from the Wisconsin Institute for Law and Liberty, a conservative and libertarian nonprofit organization, the Washington Post reports. 

Specifically, the document claims that there is more than $120 billion annually spent on ‘diversity, equity and inclusion’ initiatives like Agriculture Department grants and loans for minority farmers and ranchers – efforts the organization claims are unconstitutional. 

Although it’s unlikely that the entirety of those funds will face complete elimination, sources told the Post that these diversity efforts will likely face cuts to free up spending. DOGE advisors have viewed the document, and it is making its rounds through the committee, the Post reports. 

‘That’s been sent down from on high, that all this DEI stuff has to go,’ someone familiar with DOGE’s early plans told the Post. ‘Once all these guys get confirmed, and he’s the president on Jan. 20, this is going to happen fast and furious.’

Musk is expected to occupy space in the Eisenhower Executive Office Building which is directly beside the West Wing and where the majority of office space for White House staffers exists, the New York Times reported this week. 

While Musk and transition officials have discussed the nature of the billionaire’s access to Trump post-inauguration, solidified plans are pending, according to the Times, which noted that special passes are usually required in order to freely visit the West Wing.

DOGE is not part of the federal government, but the committee is expected to suggest executive orders for the Trump administration and partner with the Office of Management and Budget on new initiatives.

Altogether, DOGE seeks to slash $2 trillion from the federal government budget through cuts to spending, government programs and the federal workforce.

Even so, that plan may be a bit ambitious. Musk recently said that eliminating $2 trillion from the federal budget might not be realistic, and cutting $1 trillion was a more likely outcome. 

‘I think we’ll try for $2 trillion. I think that’s like the best-case outcome,’ Musk said during tech trade show CES this month in Las Vegas. ‘But I do think that you kind of have to have some overage. I think if we try for $2 trillion, we’ve got a good shot at getting $1 [trillion].’

Related Topics

White House
Donald Trump
Trump Transition
Elon Musk
Spending

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump needs ‘time to review’ SCOTUS decision to uphold TikTok ban, teases action in ‘not too distant future’
next post
FDA officially authorizes Zyn nicotine pouches for sale following health review

related articles

Justice Jackson accuses Supreme Court of ensuring Trump...

August 22, 2025

Trump–Bolton feud back in focus after FBI raid:...

August 22, 2025

John Bolton blasted by Trump ally Roger Stone,...

August 22, 2025

James Comer praises Kash Patel for ‘holding deep...

August 22, 2025

Trump DOJ to begin handing over Epstein files...

August 22, 2025

TikTok isn’t enough to stop Gen Z from...

August 22, 2025

Trump administration wins Supreme Court fight to slash...

August 22, 2025

Zelenskyy seeks ‘strong reaction’ from US if Putin...

August 22, 2025

Pentagon unveils new medal for troops deployed in...

August 21, 2025

Federal judge rules Trump appointee Alina Habba is...

August 21, 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

  • DAVID MARCUS: Fort Knox is the new Al Capone vault, but in reverse

    February 20, 2025
  • OpenAI introduces Operator to automate tasks like vacation planning, restaurant reservations

    January 23, 2025
  • Camp David: Jimmy Carter’s finest moment

    December 30, 2024
  • Venezuela’s Maduro to start third term in office amid rigged election: ‘Blatant violation’

    January 7, 2025
  • Vince McMahon settles with SEC over hush money agreements as civil assault case continues

    January 11, 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

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

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,789)
  • Investing (634)
  • Stock (894)

Latest Posts

  • Trump’s world leaders club: who’s in and who’s looking to salvage ties

    January 26, 2025
  • Asian shares display mixed performance amidst trade tensions and rate uncertainty

    February 12, 2025
  • Watchdog group launches legal probe into NASA emails over ‘Space Czar’ Harris as astronauts linger in orbit

    September 17, 2024

Recent Posts

  • 10 Dems join Republicans to punish Al Green for Trump speech outburst

    March 6, 2025
  • Long KTOS: Kratos Defense, $1.45B Contract Spurs Hypersonic Growth, Next Stop, New Highs?

    January 7, 2025
  • Senate confirms Dr Marty Makary as Trump’s FDA chief

    March 26, 2025

Editor’s Pick

  • No 2 Republican Steve Scalise lays out government funding strategies, with fiscal deadlines looming

    January 29, 2025
  • ‘You’re fired’: Trump vows pink slips on Day 1 for every official responsible for ‘Afghanistan calamity’

    August 26, 2024
  • Religious slaughter in Syria shows need for US, Europe to ‘keep a close eye’ on Islamist regime: Greek FM

    March 10, 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