examplens
Elon Musk’s Mission to Slash $4 Billion Daily from U.S. Government Spending
Elon Musk, now effectively Washington’s Lara Croft of efficiency, announced today his plan to cut $4 billion from the U.S. government’s budget every day until September 30. This ambitious effort is part of his role at the newly established Department of Government Efficiency (D.O.G.E).
In a post on X—his preferred platform for public communication—Musk explained that these cuts are designed to reduce the federal deficit for fiscal year 2026 from $2 trillion to $1 trillion. The Tesla CEO, a self-proclaimed efficiency fanatic, believes that even with a $1 trillion deficit, economic growth could bridge the gap and keep inflation in check by 2026. “Super big deal,” he called it, emphasizing that America’s national debt already stands at a staggering $36.6 trillion.
Musk is convinced that inflation stems directly from excessive government spending and wants the American public to allow him to prove it.
D.O.G.E Eliminates $1 Billion in Contracts, Targets Government Waste
Musk’s team at D.O.G.E. has already slashed over $1 billion in contracts related to diversity, equity, inclusion, and accessibility (DEIA), calling them wasteful products of “insane hiring practices” under the Biden administration. According to Musk, these contracts were not only costly but also “endangered the public.”
The terminated contracts spanned multiple government agencies, including the Department of Defense, Education, Treasury, and Agriculture. Even the Environmental Protection Agency, Commerce Department, and smaller offices like the Bureau of Land Management and the Railroad Retirement Board were affected.
“These cancellations alone have saved taxpayers $1 billion,” Musk’s team announced via D.O.G.E’s official X account, adding that many of these contracts prioritized social agendas over competency.
Musk Takes Aim at the Federal Reserve and Inflation
On January 29, after the Federal Reserve declined to cut interest rates—despite former President Trump’s urging—Musk slammed the decision, blaming inflation on DEIA policies and Federal Reserve Chairman Jerome Powell.
“The Fed has done a terrible job on Bank Regulation,” Musk posted. “My Treasury Secretary Scott will lead efforts to cut unnecessary regulation and unleash lending for all Americans. If the Fed had spent less time on DEI, gender ideology, ‘green’ energy, and fake climate change, inflation would never have been a problem. Instead, we suffered from the worst inflation in U.S. history!”
The Lara Croft of Government Efficiency
Musk’s hard-line stance on workplace policies is nothing new. Tesla is notorious for its gruelling work schedules, and now, federal workers are experiencing the same rigour.
Last Tuesday, a Trump administration email gave government employees until February 6 to either accept an eight-month buyout or return to the office five days a week. Musk has long opposed remote work, and this move mirrors his previous demands at Tesla and Twitter.
Despite lacking formal congressional approval, D.O.G.E. is pressing forward with these sweeping changes. Legal challenges are expected, but Musk appears unfazed. He has even mocked union workers threatening legal action, cementing his reputation as a relentless force of disruption.
Musk has reportedly been sleeping at D.O.G.E. headquarters, pulling overnight shifts at the Eisenhower Executive Office Building. He even claimed he was invited to crash in the Lincoln Bedroom at the White House, though no official confirmation has been provided.
Blockchain: Musk’s Plan to Track Every Federal Dollar
Musk is also championing blockchain as a way to revolutionize government spending transparency. According to Bloomberg, he envisions using public blockchain networks to track every dollar spent, preventing fraud and increasing accountability.
While the idea has the potential to transform government finance, it’s also a risky endeavour. Corporate blockchain experiments have seen mixed success, with some companies abandoning the technology due to high costs and inefficiencies.
The proposal reportedly stemmed from a pitch given to Trump’s transition team in December, outlining how decentralized ledgers could secure sensitive data and enable real-time tracking of federal spending.
Binance founder Changpeng Zhao (CZ) voiced support for Musk’s plan, tweeting, “All governments should track their spending on the blockchain. It’s public money.” Meanwhile, Cardano founder Charles Hoskinson suggested a collaboration between Cardano, Bitcoin, and Midnight to assist D.O.G.E.
Musk’s Influence Spreads to Texas and Beyond
D.O.G.E’s radical cost-cutting measures have already inspired copycat efforts in Texas, where lawmakers are pushing to slash government spending.
XRP lawyer John Deaton is now calling for similar action in Massachusetts after learning of new tax hikes. Deaton, a Republican who ran against Bitcoin critic Senator Elizabeth Warren last year, took to X to express his frustration:
“Taxes are the Democrats’ answer to every problem in Massachusetts. Here’s an idea: How about we cut unnecessary spending for once?” He even tagged Musk, writing, “@elonmusk we need a Massachusetts D.O.G.E.”
The Future of Musk’s Government Overhaul
Musk’s cost-cutting, blockchain initiatives and anti-regulatory stance signal a dramatic shift in government operations—one that is already stirring controversy and legal challenges. Whether or not D.O.G.E. will succeed in reshaping federal spending remains uncertain, but one thing is clear: Musk is determined to leave his mark on Washington.
With his characteristic mix of bold ambition and unrelenting work ethic, he may very well change the way the U.S. government operates—for better or worse.
source: cryptopolitan
GIPHY App Key not set. Please check settings