Business

Musk and Ramaswamy lay out DOGE vision WSJ op-ed

It’s only been about a week since President-elect Trump officially tapped Elon Musk and Vivek Ramaswamy to lead a Department of Government Efficiency (DOGE) to trim the bloat from the federal government when he returns to the White House, and the entrepreneurs are wasting no time determining how to make deep cuts.

Musk and Ramaswamy penned an op-ed published in The Wall Street Journal on Wednesday, laying out their vision for DOGE. Here are five takeaways from the piece about how the agency will operate:

Vivek Ramaswamy and Elon Musk.

 Elon Musk, left, an Vivek Ramaswamy. (Getty Images / Getty Images)

1. Identifying what to cut

Musk and Ramaswamy noted they have already been working with the Trump transition team to “hire a lean team of small-government crusaders, including some of the sharpest technical and legal minds in America.”

ELON MUSK SHARES MILTON FREIDMAN’S LOATHING OF GOVERNMENT BLOAT

“This team will work in the new administration closely with the White House Office of Management and Budget,” the billionaires, who are volunteering their time to the project, wrote. “The two of us will advise DOGE at every step to pursue three major kinds of reform: regulatory rescissions, administrative reductions and cost savings”

2. Slashing regulations

The DOGE leaders said their decisions would be guided by the U.S. Constitution as well as two Supreme Court decisions handed down during the Biden administration, which, together, suggest that a slew of federal regulations on the books actually exceed the authority Congress has granted and should be scrapped.

“DOGE will work with legal experts embedded in government agencies, aided by advanced technology, to apply these rulings to federal regulations enacted by such agencies,” the op-ed states. 

donald Trump

President-elect Trump speaks at a House Republicans Conference meeting at the Hyatt Regency in Washington, D.C., on Nov. 13. (Allison Robbert/Pool/Getty Images / Getty Images)

“DOGE will present this list of regulations to President Trump, who can, by executive action, immediately pause the enforcement of those regulations and initiate the process for review and rescission. This would liberate individuals and businesses from illicit regulations never passed by Congress and stimulate the U.S. economy.”

3. Reducing the federal workforce

Musk and Ramaswamy say that, with fewer regulations needed, agencies will not need as many federal employees. So, many positions will be eliminated, and DOGE aims to assist affected workers to find positions in the private sector.

RAMASWAMY SAYS SOME FEDERAL AGENCIES WILL BE ‘DELETED OUTRIGHT’ BY DOGE WITH ‘MASS REDUCTIONS’ ON TAP

“DOGE intends to work with embedded appointees in agencies to identify the minimum number of employees required at an agency for it to perform its constitutionally permissible and statutorily mandated functions,” they wrote. 

“The number of federal employees to cut should be at least proportionate to the number of federal regulations that are nullified: Not only are fewer employees required to enforce fewer regulations, but the agency would produce fewer regulations once its scope of authority is properly limited.”

4. Saving taxpayers money

The DOGE co-chiefs say they are focused on cutting government spending through their initiatives.

They plan to take aim at billions “in annual federal expenditures that are unauthorized by Congress or being used in ways that Congress never intended.”

GET FOX BUSINESS ON THE GO BY CLICKING HERE

5. DOGE is temporary

“Our top goal for DOGE is to eliminate the need for its existence by July 4, 2026 — the expiration date we have set for our project,” Musk and Ramaswamy wrote. “There is no better birthday gift to our nation on its 250th anniversary than to deliver a federal government that would make our Founders proud.”

Related posts

Scam Interceptors’ Nick Stapleton on secrets of exposing fraud: ‘It was pretty scary!’ | UK | News

Varney: Teamsters union is prepared to interfere with Christmas

Trump’s pick for deputy chief of policy shuts down tax agenda rumors: ‘Delaying’ reform not being considered

Leave a Comment