The US economy is currently standing at the precipice of a massive change. With Donald Trump assuming the reins of the White House, alongside Elon Musk, the US economic demographics are subjected to a complete overhaul, with measures being implemented to bolster the US economic infrastructure. That being said, Musk is already planning to implement two noteworthy developments that are fierce in stance to strengthen the US infrastructure. Will these measures help alleviate the mountain of US debt that the nation is battling as of late? Let’s find out.
Also Read: Tesla to Get $400 Million Boost from U.S. Gov’t Amid Major Budget Cuts—What’s Next?
Musk Is Planning To Go Grand
Elon Musk is planning to go grand in his next set of D.O.G.E strategies. Now that Musk is officially heading the Department of Government Efficiency, or D.O.G.E., he is now headlining a new task, which includes reducing the crushing pressure that the US economy is handling as of late. For this, Musk is planning to slash $2 trillion from the budget through DOGE.
Fox Business’s Charles Gasparino shared the news on X. He later shared in brief how Musk is putting all his energy towards keeping the budget in check.
“Breaking: Musk has told people he plans to spend the next four months working on DOGE. He’s aiming to cut $2 trillion from the budget through DOGE. Once DOGE’s goals are met, inflation will be dropping to 2%; Musk has said he works so hard on DOGE he’s sleeping in his White House office. More now @FoxBusiness”
Breaking: Musk has told people he plans to spend the next four months working on DOGE; he’s aiming to cut $2 trillion from the budget through DOGE; once DOGE'S goals are met, inflation will be dropping to 2%; Musk has said he works so hard on DOGE he’s sleeping in his White House…
— Charles Gasparino (@CGasparino) February 12, 2025
Also Read: Saudi Arabia’s Next Ambitious Project: To Become a ‘Mining Powerhouse’
Combing Through Government Official Personnel Records—Will Musk Succeed In Robusting The US Economy?
Another major agenda that is on Musk’s radar is to rummage through government personnel records to uncover key monetary deficits and loopholes. Elon Musk, in his recent interview at the White House, stated how D.O.G.E. is planning to investigate public officials with high net worth with low salaries. The goal is to uncover incorrect monetary outflows and rectify their direction to reduce pressure on the US economy.
🚨 YESTERDAY: I asked Elizabeth Warren HOW she achieved a $12M net worth on a $200K salary, prompting a reply from Elon inquiring as well
TODAY: @ElonMusk announces in the Oval Office DOGE will be investigating public officials with high net worths and low pay
Our government… https://t.co/nw4SWWlQB9 pic.twitter.com/IxTbirUINC— Nick Sortor (@nicksortor) February 12, 2025
Also Read: 20 U.S. States Propose Bitcoin Reserve Bills, Eyeing a $23 Billion Crypto Investment