Elon Musk has made headlines at a recent rally for Donald Trump, claiming he could cut at least $2 trillion from the federal budget if Trump is re-elected. Speaking at Madison Square Garden, Musk criticized current government spending stating “Your money is being wasted,” and promised to alleviate financial burdens on citizens. This ambitious target represents nearly a third of the projected $6.75 trillion budget for fiscal year 2024.
JUST IN: 🇺🇸 Elon Musk says he can help reduce US government annual spending by $2 trillion if Donald Trump is elected president.
— Watcher.Guru (@WatcherGuru) October 27, 2024
Elon Musk’s Proposal
Musk’s proposal aligns with Trump’s agenda of reducing federal expenditure and he is expected to lead a new initiative called the Department of Government Efficiency (DOGE). Critics have raised concerns about potential conflicts of interest, given Musk’s substantial federal contracts through Tesla and SpaceX.
During the rally, Musk emphasized the need of audits of government spending to identify wasteful practices. His remarks were met with enthusiasm from trump supporters, further solidifying Musk’s role as a significant political donor and influencers in the upcoming elections. This would also help in reducing federal spending and shrink government intervention.
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As his ideology aligns with Trump’s supporters, he addressed the crowd’s frustration about government spending and promised to get the government off their back and out of their pocketbook.
As Trump campaigns intensively in battleground states, Musk’s pledge could resonate with voters seeking fiscal responsibility. With Election Day approaching on November 5, both figures aim to mobilize support by framing their vision for a more efficient government.
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