Elon Musk's plan to cut government spending

Elon Musk aims to cut government spending by $1 trillion to reduce the federal budget deficit and stabilize the U.S. debt burden. He plans to achieve this by eliminating waste and fraud, with a goal of reducing overall federal spending by 15%.

Critique of Biden and Obama Administrations' Failed Promises on Government Spending

The 'Outnumbered' panelists discuss a newly discovered video of former President Barack Obama discussing wasteful government spending and a program similar to DOGE. New York Times opinion columnist Ezra Klein criticizes the failed promises of the Biden and Obama presidencies. Klein emphasizes the need for liberal government to deliver on their well-intentioned policies. He highlights the slow progress and setbacks in projects like rural broadband and high-speed rail.

Senate Minority Leader Chuck Schumer's comments on government spending and taxation

Senate Minority Leader Chuck Schumer mocked Americans for wanting to keep more of their money and less government control during an episode on ABC's The View. Schumer spoke about the recent government spending bill, praised the Democrat Party's talent, and criticized Trump's use of tariffs for tax cuts for billionaires.

Debate on Privatizing Social Security

President Donald Trump's efforts to slash federal government spending has sparked new debate about the future of Social Security, with the idea of privatizing the program gaining attention. Proponents argue for individual ownership for potentially higher returns, while opponents fear interference with benefit payments' safety and predictability.

Debate Over Impounding Congressionally Appropriated Funds

President Trump and the White House are planning to impound congressionally appropriated funds, sparking a legal showdown with Democrats. Senate Republicans and Democrats are at an impasse over a government funding bill. Impoundment Control Act of 1974 is central to the debate.

Economics of Detoxing the American Economy

The American economy is undergoing a transition away from government-driven growth towards a more sustainable, private-sector-driven foundation. This shift involves reallocating federal spending towards strategic priorities, focusing on national security, industrial competitiveness, and trade realignment. The goal is to foster sustainable investment, stronger market discipline, and an economy built on real production rather than financial manipulation and government intervention.

Discussion on Government Spending, Medicaid, and Workforce Participation

Discussion on the Department of Government Efficiency's audit of Medicare and the potential benefits of rejoining the work force. Democrats and Republicans clash over Medicaid spending cuts. Medicaid has seen rapid growth despite questionable enrollments and costs. Calls for reform to reduce unsustainable spending.

Government Spending on USPS Electric Vehicle Project

Sen. Joni Ernst and Rep. Michael Cloud introduce a bill to recoup $3 billion from the failed USPS EV project under Biden's Inflation Reduction Act. The project has faced delays, defective trucks, and skyrocketing costs.

National Debt Crisis and Medicaid Reform

The United States is facing a growing national debt crisis, with Medicaid being a major contributor. Lawmakers are urged to reform the program to prevent financial collapse. Various measures are suggested to save billions in taxpayer money.

Government Spending and Fiscal Responsibility

President Trump and his team are actively looking at how taxpayer dollars are spent in Washington, with the goal of cutting wasteful spending. Efforts by the administration and DOGE have highlighted examples of questionable funding, leading to calls for a rescission process to cut waste from the federal budget.

Public Support for Elon Musk's DOGE Spending Cuts

CNN reports surprising poll data showing majority of Americans support Elon Musk's DOGE spending cuts to government despite Democrats' pushback.

Elon Musk's views on government spending and Stacey Abrams-funded NGO scandal

Elon Musk believes half of the government is wasteful spending and points out scandal of taxpayer money going to a Stacey Abrams-funded NGO. Alex Marlow defends Musk against Nazi salute allegations and criticizes government waste.

Tax on Tips Legislation and Government Spending Reform

Rep. Scott Perry (R-PA) is cosponsoring a bill to codify President Trump's pledge for no tax on tips, as part of efforts to cut spending and address debt and deficits. The legislation aims to let working Americans keep more of the money they earn.

Biden's Stumbling Economy and Latest GDP Report

The latest GDP report reveals a weaker economy than previously thought, with declines in business investment and consumer income growth. Business investment is crucial for long-term productivity and wage growth. Consumer spending remains a bright spot but may be unsustainable. Housing market showing signs of strain. Inflation on the rise. Government spending surged, raising concerns about reliance on defense spending for economic growth.

Trump Administration's Cuts to USAID Spending

The Trump administration plans to eliminate nearly 15,000 grants worth $60 billion at the U.S. Agency for International Development (USAID) due to concerns about overseas spending. This move is part of an effort to cut down on waste and promote American interests, with significant reductions in contracts and grants being made.

Balanced Budget Amendment Advocacy by Rep. Andrew Clyde

Rep. Andrew Clyde (R-GA advocates for a balanced budget amendment to the U.S Constitution during an interview on Breitbart News Daily. He highlights the need for offsets and fully paid legislation similar to how it operates in Georgia. He also mentions the importance of cutting spending, particularly in mandatory spending areas.

Jon Stewart opposes cuts in federal expenditures proposed by Elon Musk’s Department of Government Efficiency (DOGE)

Jon Stewart accidentally slashed his hand open while passionately opposing cuts in federal expenditures proposed by Elon Musk’s Department of Government Efficiency. Stewart argued for cutting corporate subsidies, defense spending, and pharmaceutical prices instead. He criticized DOGE as being rash and animated by malice, but failed to provide examples of critical government functions being cut.

Trump Administration's Federal Contract Cancellations

The Trump administration, led by Elon Musk, terminated over 2,300 federal contracts as a cost-cutting measure, but nearly 40% of them won't actually save any money. Critics argue that canceling fully obligated contracts is pointless and won't achieve the intended goal of saving money.

Protests Against Medicaid Cuts and Government Spending by House Republicans

House Republicans faced protests in their district offices over possible cuts to Medicaid and government spending. Demonstrators expressed concerns about Elon Musk's government efficiency efforts and potential cuts to federal programs. Progressive groups urged activists to protest during the recess. Lawmakers are looking to cut federal spending to offset the cost of extending Trump's Tax Cuts and Jobs Act, border security, and national defense priorities.

Government Spending and Financial Transparency

Jordan Belfort discusses wasteful government spending uncovered by DOGE, highlighting trillions of untraceable payments and potential fraud, waste, and abuse in the U.S. government.

Economic Impact of Elon Musk's Actions

A professor warns that Elon Musk's actions could lead to a deep recession in the US due to job losses and government spending cuts.

Vice President JD Vance's Speech at CPAC

Vice President JD Vance discusses key issues like the economy and illegal immigration at CPAC, praising Trump's administration for restoring safety and prosperity to the American people. He emphasizes the importance of securing the southern border, American energy dominance, and cutting wasteful government spending.

Democratic Response to Elon Musk Auditing Government Spending

Former Democratic presidential candidate criticizes his party's approach to billionaire Elon Musk auditing government spending, urges Democrats to work with Musk's Department of Government Efficiency.

Critique of Democrats' Approach to Constitutional Issues and Government Spending

The article criticizes Democrats for their inconsistent approach to constitutional issues, highlighting instances where they have ignored or defied Supreme Court rulings. It argues that the President should have the final say in interpreting and executing laws, not lower court judges. The article also praises President Trump for his stance against what it deems as wasteful government spending on certain programs.

Discussion on Department of Government Efficiency (DOGE) and Federal Waste by CNN's Anderson Cooper and former GOP Gov. Chris Sununu

CNN's Anderson Cooper and former GOP Gov. Chris Sununu clash over Department of Government Efficiency (DOGE) and Elon Musk's findings on federal waste. Musk emphasizes cutting federal spending is essential, while Cooper questions the evidence provided. Sununu praises Trump and Musk for transparency but faces pushback on FEMA money misuse. Cooper later apologizes for being rude during the discussion.

Government Spending and Legal Battles Under Trump Administration

Haywood Talcove to testify at DOGE congressional hearing about government spending, Trump's executive orders blocked by judges, legal battles over birthright citizenship, and USAID employee leave controversy.

President Trump's creation of the Department of Government Efficiency (DOGE) and its potential impact on police departments

Former NYPD lieutenant commander Joe Cardinale discusses the potential benefits of President Trump's creation of the Department of Government Efficiency (DOGE) in curbing overeager lawmakers' oversight on police departments, allowing for better standards and accountability. The scrutiny of government spending by DOGE could lead to improved funding for law enforcement agencies, combat staffing shortages, and increase public safety.

Conservative Push to Defund Planned Parenthood

Former Vice President Mike Pence's conservative watchdog nonprofit is urging Elon Musk to cut off federal funding for Planned Parenthood. The organization received approximately $75 billion in federal funding from 2019 to 2021.

Government Shutdown Threat by Democrats

Democrats are prepared to shut down the federal government in response to the Department of Government Efficiency's financial audit. They are upset about the monitoring of taxpayer funds and potential defunding of agencies by President Trump. Republicans control the House, Senate, and White House.

Cancellation of Dr. Anthony Fauci Museum Exhibit Contract

A contract for a pricey museum exhibit for Dr. Anthony Fauci was canceled by the Department of Government Efficiency (DOGE) due to rampant waste. The decision was made by officials at the Department of Health and Human Services (HHS). Elon Musk leads DOGE and announced the cancellation of $182 million worth of contracts, including the $168,000 Fauci exhibit contract. Social media users praised the move for rooting out waste in government spending.

Controversy Surrounding FEMA's Spending on Housing for Illegal Immigrants

Elon Musk claims FEMA spent $59M on luxury hotels for illegal immigrants, sparking controversy. FEMA partners with CBP to fund housing for illegal immigrants, separate from disaster relief funds. Trump and Noem call for reforming FEMA, suggesting states control disaster funding.

Alleged USAID Whistleblower and VA Subscription Cancelation

Alleged USAID whistleblower Dr. Mark Moyar reveals insights within the agency. VA Secretary Doug Collins cancels $178,000 subscription with Politico Pro. Politico denies being a beneficiary of government programs. VA redirects resources towards Veteran healthcare. Other federal departments also paid substantial amounts to Politico for subscription services.

Power Struggle Over Government Spending and the Impoundment Control Act

President-elect Donald Trump nominated Russ Vought to lead the Office of Management and Budget, sparking a power struggle in Washington, D.C. over government spending and the Impoundment Control Act. Democrats claim a 'constitutional crisis' as Trump's administration freezes federal grants and loans, while legal experts warn that the executive branch cannot unilaterally withhold funds approved by Congress.

Controversy over Elon Musk's Team at DOGE and Government Spending Records

House Democrats unveil legislation to protect personal data amid a controversy involving Elon Musk's team at DOGE and their access to government spending records. Democrats claim Musk is gaining unauthorized access to personal information, while Treasury Secretary defends Musk as a successful entrepreneur.

Controversial Government Spending on Gender Ideology

The American Principles Project reveals that the federal government under the Biden administration spent over $174 million on grants and contracts to promote 'radical ideas' on gender ideology, including studying menstrual cycles in transgender men and 'shielding' the gay community in the Western Balkans. Various initiatives were funded to push left-wing gender ideology at home and abroad, sparking controversy and criticism.

White House press secretary confirms funding to media outlets will be cut

White House press secretary confirms USAID funding to media outlets, including Politico, will be cut as part of spending crackdown by President Donald Trump's Department of Government Efficiency (DOGE). Politico staffers experienced delayed direct deposits, sparking concerns over Elon Musk's involvement in government spending. Musk, in charge of DOGE, announced plans to cut funding for USAID. Politico received funds from various government agencies, with Department of Health and Human Services leading the way.

Alleged Waste and Abuse at USAID and Criticism of Elon Musk

Sen. Joni Ernst exposes waste and abuse at USAID, criticizes Elon Musk's role in reducing government spending. USAID accused of mismanagement and corruption, misappropriation of funds, lack of transparency, and obstructing oversight. Democrats and Republicans have differing views on the agency's importance and future.

Ayanna Pressley's Criticism of Elon Musk

Ayanna Pressley criticizes Elon Musk, calling him a 'Nazi nepo baby' and 'godless, lawless billionaire' during a rally. Musk, backed by Trump, is leading the Department of Government Efficiency effort to expose government waste.

Discussion on Government Spending and Foreign Aid

Fox News reports on discussion about Elon Musk's effort to cut wasteful government spending through USAID, with Republicans arguing for Trump's handling of foreign aid and criticizing the Biden administration's spending on initiatives like a 'transgender opera.'

Discussion on USAID Shutdown by Elon Musk's DOGE Team

Sen. Joni Ernst, R-Iowa, discusses 'waste and abuse' at USAID and Democrats' criticism of Elon Musk's role in reducing government spending. Musk's DOGE team shutdown of USAID is seen as a positive disruption to the system in Washington D.C. Democrats are urged to focus taxpayer dollars on American interests and not on frivolous items.

Challenges in UK Public Services

The UK auditor-general warns that public services in Britain are not good enough and cost too much, calling the present approach unsustainable.

Trump's tariffs and fiscal challenges in the economy

Trump faces four major challenges in the economy, including fiscal policy issues inherited from Joe Biden and the impact of his own trade tariffs. Addressing these challenges requires spending restraint and reforming entitlement programs.

U.S. Economy in 2024

The U.S. economy closed out 2024 with steady growth driven by consumer spending, despite challenges in business investment and global trade. Rising consumer confidence post-election and stable labor market were key factors. Housing market showed signs of revival, but business investment slowed. Inflation remained a challenge. Uncertainty over trade policy and government spending could shape growth in 2025.

Government Spending

Senator Rand Paul criticizes government spending on both sides of the political aisle, highlighting examples of waste in various departments and calling for spending cuts to reduce waste.

Government Spending and Afghan Special Immigrant Visa Program

Senators passed a stopgap spending bill after a government shutdown deadline. Bipartisan lawmakers urge funding for Afghan visa program. President-elect Trump promises spending cuts. Lawmakers advocate for Afghan SIV program to protect Afghan nationals. Trump appoints Elon Musk and Vivek Ramaswamy to lead cost-cutting advisory panel.

President-elect Trump's Department of Government Efficiency (DOGE) and efforts to cut government spending

President-elect Trump's Department of Government Efficiency (DOGE) aims to cut government spending by appointing Elon Musk and Vivek Ramaswamy to lead the department. Republican senators are impressed with the cost-cutting proposal presented by Sen. Joni Ernst, chair of the Senate's DOGE Caucus.

Department of Government Efficiency Proposal

Fox News reports on Sen. Joni Ernst's proposal for the Department of Government Efficiency which aims to cut government spending by up to $2 trillion by reducing telework and selling empty office space.

Government Spending Deadline Approaching in Congress

Maye Musk, Elon's mother, discusses wasteful government spending and Adam Schiff blaming Democrats for Harris' loss. Congress faces a deadline to approve government spending past Dec. 20. Schumer and McConnell failed to pass FISA renewal last year. Republicans prefer a short-term stopgap spending bill. Democrats may push for an omnibus bill. If no action is taken by Dec. 20, the government will face a partial shutdown.

House Republicans' Plans to Overhaul Government Spending

House Republicans discuss plans to overhaul government spending under new Department of Government Efficiency, led by Rep. Marjorie Taylor Greene. Trump announces advisory panel to cut wasteful expenditures and restructure Federal Agencies. Several Republican lawmakers express interest in joining the subcommittee.

Inflation and Economic Policies of Biden-Harris Administration

Former CKE Restaurants CEO Andy Puzder explains why Vice President Kamala Harris is in a 'tough spot' regarding inflation. He refutes claims of price gouging by American businesses and attributes inflation to Biden-Harris economic policies.

Medicare Premium Increases and Taxpayer-Funded Subsidies

Concerns raised about future of Social Security and Medicare due to upcoming increases in Medicare premiums and taxpayer-funded subsidies to mask the hikes. Critics argue that the Inflation Reduction Act is not providing real relief and will lead to a significant impact on government spending and debt.

Government Efficiency Commission Proposal by Elon Musk

Elon Musk proposed a government efficiency commission to cut government waste during a conversation with former President Donald Trump, who was receptive to the idea. They discussed the need to reduce government spending and highlighted examples of successful waste-cutting initiatives.

Impact of Illegal Immigration on U.S. Housing Crisis

Dr. Ben Carson suggests Democrats are responsible for the housing crisis by infusing 'millions' of illegal immigrants into U.S. society, driving up competition for housing and prices. He also highlights the inflationary spiral caused by government spending and energy costs, leading to a 'huge housing issue' under Democrat leadership.

Treasury Department accused of manipulating economy

The Treasury Department is accused of trying to manipulate the economy ahead of the election by changing how it finances government spending, leading to a political fight. Short-term debt is increasing while long-term debt remains flat, affecting interest rates. Treasury denies any malicious intent, stating they aim to prevent a bond market meltdown.

President Biden's Response to Critics Calling for Him to Drop Out of 2024 White House Race

President Biden faces criticism from within his party, with some calling for him to drop out of the 2024 White House race. Biden defends his presidency, highlighting accomplishments and goals achieved since 2020.

Impact of Biden administration's economic and climate agendas on a solar company

A bombshell report reveals that a large solar company that donated millions to Democrats benefited significantly from President Biden's policies. Critics argue that this reflects a political payoff to the company's donors while taxpayers foot the bill.

Presidential Debate and Small Business Concerns

The upcoming presidential debate between Joe Biden and Donald Trump will cover various topics including foreign policy, the culture war, and Biden's mental fitness. Small businesses are seeking answers on how the candidates plan to restore the economy, with inflation being a top concern. Biden's approach to government spending and regulations are also key points of discussion.

Criticism of Earmarks and Pork Barrel Spending in Government

Fox News contributor Jason Chaffetz argues against billions of dollars in spending added by House lawmakers. Government watchdog group releases 'Pig Book' criticizing pork barrel spending. Various lawmakers express concerns over earmarks and national debt. Criticism of specific earmarks, including security upgrades for the MET and funding for broadband expansion. Congress approval rating remains low due to use of earmarks.

Federal Reserve Bank President Neel Kashkari's Views on Inflation and Rate Cuts

Minneapolis Federal Reserve Bank President Neel Kashkari stated that more positive inflation data is needed before considering rate cuts, citing government spending as a factor contributing to high inflation. He emphasized the resilience of the U.S. economy and the need to take time to make the right decisions.

House Republicans demand accountability on U.S. taxpayer dollars for DEI programs

House Republicans demand accountability on U.S. taxpayer dollars going towards diversity, equity, and inclusion programs. They seek details on funding allocations, positions related to DEI, and potential programs planned for the future. The Biden administration is accused of embedding DEI ideology into various aspects of American society.

Fiscal Deficit Warning from JPMorgan Chase CEO Jamie Dimon

JPMorgan Chase CEO Jamie Dimon urges the U.S. to address its fiscal deficit, warning of potential consequences due to overspending and high deficits. Dimon calls for a focus on reducing the deficit to avoid future economic problems.

Inflation and Government Spending

Breitbart economics editor John Carney claims overspending by the federal government under the Biden administration, not tariffs implemented by Trump, caused inflation. Carney argues that tariffs did not cause inflation during Trump's presidency and blames an over accommodative monetary policy and overspending for the current inflation.

Former President Donald Trump speaking at Libertarian party's national convention

Former President Donald Trump is set to speak at the Libertarian party's national convention, which is seen as a historic move by the party chair Angela McArdle to advance the message of liberty and move the dial in the direction of important issues like ending endless wars and runaway inflation.

Tax Day and Economic Analysis

On Tax Day, Breitbart discusses the impact of taxes, refunds, and government spending. They highlight the potential consequences of tax policies on individuals' finances, criticize Biden's tax plans, and touch on economic trends and geopolitical events.

California's Homelessness Crisis and Government Spending

Former MLB star and Republican U.S. Senate candidate Steve Garvey criticizes California's handling of the homelessness crisis, calling for a federal audit of the state's spending of $24 billion since 2018 with little improvement in the situation.

Jamie Dimon's Annual Letter to JPMorgan Chase Shareholders

Jamie Dimon's annual letter to JPMorgan Chase shareholders highlights concerns about the economy being fueled by government spending, inflation risks, global uncertainty, and deep political divisions. He calls for industrial policy to be targeted, warns about deep political divisions at home, and expresses skepticism about proposed banking rules. Janet Yellen sees progress in China relations but cautions there's more work to do. The industry is ripe for consolidation, but challenges exist. A new white paper suggests that 70% of takeovers now succeed due to companies being smarter about M&A and having more practice.

Recent Fox News Articles

Recent news articles from Fox News covering a variety of topics including political corruption allegations, government spending fights, and celebrity news.

Senate Fails to Pass Government Spending Package, Leading to Partial Government Shutdown

The Senate failed to pass a $1.2T government spending package, leading to a partial government shutdown. Republicans and Democrats couldn't agree on amendments, causing the shutdown. Some government departments will shut down, affecting essential services.