Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

‘A lot of waste’: Blackburn and Ramaswamy talk DOGE cuts

by November 25, 2024
November 25, 2024
‘A lot of waste’: Blackburn and Ramaswamy talk DOGE cuts

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
FacebookTwitterGoogle +Pinterest
previous post
White House insists Biden, Harris have ‘one of most successful administrations in history’ despite 2024 loss
next post
Pakistani police fire tear gas as thousands supporting Imran Khan arrive near capital

You may also like

With 18 days until voting starts, ‘election season’...

August 19, 2024

Kirby ‘confident’ Americans in Gaza will be freed...

January 16, 2025

Hegseth says Defense Dept eliminates hundreds of millions...

March 21, 2025

White House monitoring reports of North Korean soldiers...

October 21, 2024

Hundreds of Ukrainian prisoners released in swap with...

May 23, 2025

Biden’s letter to Trump revealed: ‘May God bless...

January 22, 2025

Parents of American murdered by Hamas make ‘plea’...

February 9, 2025

DAVID MARCUS: Both parties at risk of learning...

November 10, 2024

Trump campaign’s closing message to voters: ‘Harris broke...

October 24, 2024

House GOP leaders privately wary of push to...

March 20, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Senate Republicans eye changes to Trump’s megabill after House win

      June 1, 2025
    • Trump shares post saying Biden was executed, replaced with clones

      June 1, 2025
    • House Dems’ campaign chair says her party’s ‘on offense’ in 2026 battle to win back majority from GOP

      June 1, 2025
    • Athletes, coaches and officials among 22 killed in road accident in northern Nigeria

      June 1, 2025
    • How a Trump-fueled brain drain could be the rest of the world’s brain gain

      June 1, 2025
    • At least 26 Palestinians killed after Israeli forces open fire near Gaza aid distribution center: Red Crescent

      June 1, 2025

    Categories

    • Business (649)
    • Investing (661)
    • Politics (4,296)
    • World News (2,898)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.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 © 2024 WhaleLargeCapital.com | All Rights Reserved