Musk details mass cuts to US federal spending and staff

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Musk details mass cuts to US federal spending and staff
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WASHINGTON: Elon Musk outlined plans Wednesday for his new role as “efficiency” czar -- signaling an assault on federal spending and staffing that wou...

: Elon Musk outlined plans Wednesday for his new role as “efficiency” czar -- signaling an assault on federal spending and staffing that would be backed by President-elect Donald Trump’s executive powers and a conservative Supreme Court.

The Tesla and SpaceX CEO said that he, along with fellow businessman and Trump loyalist Vivek Ramaswamy, would work to slash federal regulations and make major administrative cuts and cost savings. Musk said DOGE -- a nod to Musk’s support for a cryptocurrency -- will prepare a list of regulations issued by government agencies without Congress approval, which Trump could then invalidate by executive order.

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