In an article published in The Wall Street Journal, Elon Musk and Vivek Ramaswamy give an insight into their vision for the Ministry of Effective Governance – “Doge”. This is not, as the name suggests, a ministry, but an initiative that will provide proposals on how to shrink bureaucracy and public expenditure. Musk, who is the world’s richest man, wants together with Ramaswamy to cut at least 500 billion dollars in federal spending. It is hardly a coincidence that the “ministry” of crypto supporter Musk is nicknamed “Doge”. This meme from 2013 is also the trademark of a type of Bitcoin. Photo: X So far this year, the United States has spent up to 7,000 billion dollars in total. Almost half went to health insurance and social benefits, according to the US Treasury Department. The work of “Doge” must reduce spending as much as possible in the future, and be completed by 4 July 2026. – With guidance from the Supreme Court, we will reverse a decades-long power grab from the highest level, write the committee leaders in the chronicle. Donald Trump (f) and Vivek Ramaswamy (h) were at a UFC fight together on 16 November. Musk and Matt Gaetz were also present. Photo: KENA BETANCUR / AFP Entrepreneurs, not politicians “Doge” should not be part of the government, but work against the government apparatus. Musk and Ramaswamy write that they will fill it with “crusaders for limited state power”, especially technical and legal experts, and use “advanced technology”. – We are entrepreneurs, not politicians, they write. – Stop apologizing for capitalism. We should embrace capitalism, Ramaswamy told Republican party colleagues earlier this year. He himself is one of the 20 youngest billionaires in the USA. Photo: MARIO TAMA / AFP When “Doge” has found out which regulations they can remove, they must give their recommendations to Trump. The idea is that he can then use his executive power to put certain laws on hold and start the process of reversing them. This means that “Doge’s” proposals do not need to be supported by the people elected in Congress. “Existential threat” The chronicle is illustrated with two men who shake out what looks like thorn bushes from the center of power in Washington DC. together. – This entrenched and ever-increasing bureaucracy constitutes an existential threat to our republic, and politicians have been complicit for far too long, they write. Speaking during Trump’s campaign, Musk promised his committee would cut $2 trillion. The promise he gives in the Wall Street Journal greatly reduces expectations. Photo: ANGELA WEISS / AFP – By repealing illegal regulations, we can create economic growth in this country. In addition, they will demand that civil servants come to the office five days a week. This, according to Musk and Ramaswamy, will lead to a “wave of voluntary redundancies which we welcome”. Met with skepticism Several have seen question marks over how feasible the “Doge” project is without them being part of Congress, which has the power to give or withhold money. Some point to a law from 1974 that requires the president to use all the funds that Congress has decided to set aside. The law was passed after then-President Richard Nixon had refused to use this money on a program with which he himself disagreed. After Nixon avoided spending funds on things he did not want to carry out, a requirement was introduced that they must be used by the president. Photo: AP Trump has previously called this law unconstitutional, and Musk and Ramaswamy write that they believe the Supreme Court will agree with him. In the private sector, Musk has previously shown that he can achieve great success despite bad odds. Both Tesla and SpaceX have been on the verge of bankruptcy, but then turned around and did very well. – Now Silicon Valley is coming to DC Politician Henrik Heldahl believes that Musk and Ramaswamy’s committee signals a new era for American governing powers. – Now Silicon Valley is coming to DC, he says to news. – Musk and Ramaswamy believe that the US would be more interested in being governed according to a corporate model than as a rigid democracy. According to Heldahl, they see the framework that democracy has seen as “impractical obstacles” that they must try to pass in a legal way. Heldahl is a political journalist in Nettavisen and a commentator for Amerikanspolitikk.no. Photo: Alf Simensen / Alf Simensen / news He agrees with “Doge” that the bureaucracy in the USA has very great power, at the same time that the US national debt has swelled to the size of 21 Norwegian oil funds. – This is actually the first attempt to do something about it in several years, he says. At the same time, they seem to be working harder than Americans are used to in politics, he adds. Dogecoin is also a cryptocurrency. It started as a joke, but now has considerable influence. Illustration: DADO RUVIC / Reuters If Musk and Ramaswamy are to make it, he believes they must deliver the changes before the next by-election. – There are good chances of losing the majority in Congress in two years, and then one is an amputee. – You can see this as a kind of deadline, actually. Published 21.11.2024, at 19.43
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Elon Musk and Vivek Ramaswamy have laid out a plan for billion-dollar cuts in the US budget – news Urix – Foreign news and documentaries
