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https://edition.cnn.com/2025/01/09/politics/elon-musk-backtracks-federal-budget-cuts/index.html

Elon Musk has walked back his previous claim that he could cut at least $2 trillion from the federal budget, saying Wednesday that half that amount would be “an epic outcome.”

Musk, who has been tasked by President-elect Donald Trump to co-lead the so-called Department of Government Efficiency, or DOGE, called the $2 trillion target “the best-case outcome.”

“If we try for $2 trillion, we’ve got a good shot at getting one,” Musk said in an interview streamed Wednesday evening on X, which he owns. “And if we can drop the budget deficit from $2 trillion to $1 trillion and kind of free up the economy to have additional growth — such that the output of goods and services keeps pace with the increase in the money supply — then there will be no inflation. So that, I think, would be an epic outcome.”

There’s no shortage of money-saving targets in the federal government, Musk said, without offering any specifics.

“It’s very, very hard for people to care about spending someone else’s money,” he said.
“Actually, I know people in the government who do care about, just as a matter of principle, spending money effectively. And they try to do so, and they can’t. The system prevents them from doing so.”

Musk, the world’s richest person, is looking to downsize the federal budget and operations by slashing spending, curbing regulations and cutting the workforce. However, budget experts have scoffed at his pronouncements, saying that eliminating $2 trillion from a roughly $6.8 trillion budget is unrealistic.

DOGE, which is co-led by entrepreneur Vivek Ramaswamy, does not have any direct power to make spending cuts, regulatory changes or other moves —– though Musk’s comments carry weight with lawmakers, as was evident last month when he helped torpedo a bipartisan spending deal after railing against it.
>>
Despite its name, the effort exists outside of the government and will likely serve to make recommendations to the White House.

Still, many congressional Republicans, as well as some Democratic lawmakers, have embraced DOGE’s mission to streamline the federal government.

Asked by CNN’s Kasie Hunt about the size of a budget cut he thinks is realistic, Iowa Rep. Zach Nunn, a Republican, said Thursday he wants to see a “cutback on just the vast overreach we see coming out of Washington, DC.”

Slashing red tape
In the wide-ranging interview with Stagwell CEO Mark Penn, who served as a senior adviser to former President Bill Clinton, Musk also reiterated his complaints about federal regulations.

“Essentially we’ve had an accumulation of laws and regulations that make basically any large project essentially illegal,” said Musk, who has noted that federal regulations have interfered with his business ventures. “And even if you try to do it, you’re going to spend way more money on the paperwork than on the thing itself. So, and then it gets delayed. So there’s an element of DOGE which is very important, which is looking at regulations and getting rid of ones where the harm is worse than the good.”

CNN’s David Wright and Shania Shelton contributed to this report.
>>
>>1373717
>CNN’s David Wright and Shania Shelton contributed to this report.
This article is retarded and so are both of these retards. Also KYS OP
>>
>>1373718
this isn't your personal board even though you shit all over it 24/7
>>
>>1373719
CNN, NYT, NBC, and WaPo will be outlawed soon.
>>
>>1373718
But this is just reporting literally exactly what Musk said on a live stream on his own website.
>>
>>1373716
>We won't be stopping your jobs from being taken by underpaid migrants
>We won't be reducing inflation
>We won't be cutting the fat from the budget
>We won't keep our promise of no more wars
MAGA going to go down as one of the greatest political scam jobs in history.
>>
>>1373719
Cry harder faggot. No one cares about a CNN opinion piece
>>
>>1373723
you seem to be shitting your pants over it
>>
Trump needs to follow the Milei plan. What is the Milei plan?

>cuts to all welfare; you can no longer survive on government gibes, start working
>12 hour workday standard, 7 days a week
>remove child labor laws, kids and society are better served working and learning a trade than learning useless shit they'll never use schools
>companies can pay in tickets that are cashed at company shops and grocery stores
>putting the homeless into camps

Taken together, this has done a tremendous job in reducing debt and getting Argentina back on its feet.
>>
>>1373727
you need to get a real job
>>
>>1373729
You first. People who actually work and believe in this country support these policies. There is a reason why Milei still has a 60% approval rating. All of those policies proposed by types like Sanders and other leftists are immensely unpopular. Majority of Americans don't want a socialized medicine. Don't want subsidized college. Don't want government telling bussinesses what they can and can't do. What they want is for Trump to unleash government so that they can work to turbocharge the economy and get some money raining down to them. Americans want 12 hour workdays.
>>
>>1373730
nobody cares about your talking points that you get paid to post
>>
>>1373716
[everyone saw that coming]
>>
>>1373719
Who's going to stop him?
The jannies and mods are non-existent on this abandoned board, and gookmoot doesn't give a shit as long as he can still run ads and sell data.
>>
>>1373738
They were banning anti-Trump threads a few days ago, so we know they're around.
>>
>>1373740
Which ones?
>>
>We're going to trim 2 trillion off
>Realistically, we're aiming for 1 trillion right now
>Media" Elon failed miserably, orange man bad, reopen the border, and 4 trillion more to Ukraine
We won't see a Democrat president again for 32 years
>>
>>1373744
maybe if the media can convince the brain addled right that trump isn't worse than hoover
>>
>>1373741
Anything with a trashcan next to it is one that was deleted (not archived):

https://archived.moe/news/search/deleted/deleted/type/op/
>>
>>1373740
>>1373747
Well that tracks, unfortunately. It sounds like the one janny/mod here is butthurt /pol/fag and trumptard then. The schizo threads never get purged, they just age out.
>>
>>1373748
A lot of media sites are shifting around moderation rules, probably because they're afraid of getting sued out of existence or worse.
>>
>>1373747
If you expand and include things besides the opening post, within that same period of 24 hours or so they also banned someone who was spamming low quality posts such as calling everyone Russian or Ivan, and there's a pretty high likelihood that was the same person who made the threads, and when they banned him and deleted all his posts it included the threads he made as well
https://archived.moe/news/search/deleted/deleted/
>>
>>1373752
so you can be racist to anyone but russians on this board
>>
>>1373753
I said spamming, not racism
>>
>>1373756
you were a little more specific than that, be honest shill anon
>>
>>1373716
>such that the output of goods and services keeps pace with the increase in the money supply — then there will be no inflation.
Um. That's not how inflation works. You print more money, and it's worth less. Having more goods on the shelf, and more uber drivers doesn't change this.

Next time someone tries to tell you he's smart, point them at this.

>“It’s very, very hard for people to care about spending someone else’s money,” he said.
Read: It's not my money. Why should I care.

>>1373730
>and get some money raining down to them
Bwahaaahaaahaa. Oh. You was serious?
BWAAAAHAAAAHAAAAHAAAHAAAHAAA.

>Americans want 12 hour workdays.
Citation required.
>>
>>1373765
>"someone who was spamming low quality posts"
Why must you lie
>>
>>1373727
Milei plan also puts millions in poverty. The literal only reason it's not seen as a failure is because their situation was that bad that it was the only option left, and even then we have to see how it pans out long term before we jump to any conclusions.
>>
>>1373730
>Majority of Americans don't want a socialized medicine. Don't want subsidized college.
Citation fucking needed.
>What they want is for Trump to unleash government so that they can work to turbocharge the economy and get some money raining down to them.
Trump's major financial policy (tariffs) literally can only result in increased expenses.
>Americans want 12 hour workdays
No they fucking don't.
>>
>>1373783
>The literal only reason it's not seen as a failure is because their situation was that bad that it was the only option left,
And you don't think you passed that point some time ago? What would you say your best option is?

>>1373785
>Trump's major financial policy (tariffs) literally can only result in increased expenses.
Don't neglect bringing manufacturing back to USA. Which will result in massive investment in infrastructure, tooling, and training. Can't forget paying a fair murrican wage. All of which will be passed onto the consumer, because business' like profit. He's backpedaled on pretty much everything - and you wanna hope he does here too - doing this will cripple you for the better part of a decade on a local playing field let alone a global stage. And before the tooling can pay for itself, china will of updated all theirs and you'll still be behind in the race.
>>
>>1373799
>And you don't think you passed that point some time ago? What would you say your best option is?
Anon you're really underselling just how fucked Argentina's inflation is.
>>
>>1373807
And there was me thinkin' I'm possibly underestimating yours. Especially listenin' at folk bitch about the price of eggs. But I'm sure adding another 6.5 billion into circulating currency by converting stolen BTC that hasn't lost it's value will help. As will being fucked over twice on the tarrifs - once laying 'em down, then again with the retalitory. In fact, I've not seen a single move being advertised that has a good outcome for you. Including the recent madness of annexing canada and invading greenland that's most likely just mouth to distract all the stupid muppets from focusing on everything he said he was gonna do, he aint.
>>
>>1373808
>In fact, I've not seen a single move being advertised that has a good outcome for you.
More freedom of speech, less political discrimination against conservatives, and dropping a fucking hammer on every cocksucking liar who defamed us for the last twelve years is a good start.
>>
>>1373811
Poor persecuted white kid
>>
>>1373817
But enough about california.
>>
>>1373747
Damn no wonder this board has been shit lately. Power tripping poltard jannies. I'm here to discuss current events ffs, no matter if they confirm my biases or not.
>>
>>1373783
>Milei plan also puts millions in poverty
False
>>
>>1373811
>more freedom of speech
Try objecting to anything papa musk says and see how well that works out for you.
>>
>>1373822
Anon it already did. Argentina's poverty rate jumped to fucking 53% of their population this year. The only reason it isn't seen as a failure is because their inflation was so bad that's legitimately considered the price to pay to get it anywhere near normal. And we still have to see if he can actually manage that part in the long term, though at least he does seem to be making some headway.
>>
>>1373821
Shut the fuck up retard. You're pissed you can't spam low effort threads and reply by calling everyone a Russian
>>
Elongated Muskrat is fat and will never kiss >>1373718 the retard.
Cry harder >>1373723 . No one cares about your opinions, faggot.
>>
>>1373874
Why is this the only reply you Democrat shills have towards anyone that doesn't want massive inflation, foreign wars, cities on fire, open borders, or nigger worship?
>>
>>1373874
You got absolutely butt devastated that someone called out your shitty CNN propaganda article
>>
>>1373877
these are elon musk's own words that he said himself, reported on a different site.
>>
>>1373848
We can all see the good threads that were deleted because of some butthurt janny
>>
>>1373727
You're the sort, like Anlyn Rand, that says work or starve. Then a bitch like you runs into hard times, and cries for alms. Tough American by the boot straps for us plebs, corporate welfare and government hand outs for Musk. You are a stupid.
>>
>>1373907
I agree, these libertarian types are dumb bells
>>
>>1373907
Libertarians oppose all subsidies and handouts, even for shit people need to survive, like food and water. It's neoliberals that believe in socialism for corpos, bootstraps for everyone else, socialize the costs, privatize the profits.
>>
>>1373887
Fucking this times a million. Mods are fucking niggers deleting all the threads calling out left-wing stupidity because they're all child-raping predditors that deserve cancer.
>>
>>1373876
Oh, I dunno
>anyone that doesn't want massive inflation
trump says lowering pice of eggs, milk & gas will be very difficult
trump's tariffs will make so many things cost more
>foreign wars
trump will continue military aid to ukraine
>cities on fire
not seeing trump house rich californian republican voters with homes reduced to ashes at mar-a-lago
>open borders or nigger worship?
trump agrees with musk wanting millions of indians with h1b visas entering US, don't bother him about it
>anyone that doesn't want massive inflation, foreign wars, cities on fire, open borders, or nigger worship?
you tell me
>>
>>1373823
Musk isn't a member of the government retard.
>>
>>1373936
He's about to be.

And before you say "but uh, DOGE is an unofficial position!" he has enough influence on Trump that he singlehandedly flipped him over to supporting H1B1 and undoing the previous spending bill to sneak some last minute requests of his in. He's practically in the white house alongside Trump.
>>
>>1373925
>California is on fire
>North Carolina is devastated and FEMA just left
>Hundreds of billions wasted on Ukraine
>Inflation is through the roof
>Joe Biden and Harris are no where to be seen
>Trump not even in office yet
>All Democrats can talk about is how orange man bad
The American people disagree with everything you are
>>
>>1373947
you're not american
>>
>>1373952
You're not white.
>>
>>1373947
Good post
>>
>>1373947
>California is on fire
trump is doing nothing to help homeless Republican voting californians
>Hundreds of billions wasted on Ukraine
trump will continue that
>Trump not even in office yet
So many trumptards saying orange man bad after he agrees with Elol wanting millions of indians with E1B visas entering US
They disagree with your wrong opinions
>>1373955
>>1373947 is good at being retarded, sure. As are you
>>
>>1373957
>trump is doing nothing to help homeless Republican voting californians
He's not president retard.
>>
>>1373957
Trump isn't president
Trump already said he's going to end the Ukraine war in his first year
They never said they were going to import the entire country of India. There is already a limit of H1B visas per year
>>
>>1373958
Does he need to be to help Republican voters in california by housing them at mar-a-lago now?
>>1373971
Trump agrees with Elol, don't bother him about it.
And Ukraine will still get their military aid. He already said they will.
>>
>>1373976
Imagine having Trump Derangement Syndrome and Elon Derangement Syndrome at the same time
>>
>>1373985
>EDS
Actually describes these people quite nicely
>>
>>1373985
Imagine so many Republican voters regretting voting for Trump after he agrees with Elon, don't bother him about it, that you have Traitor Derangement Syndrome, ballwetter of an orange retard and an illegal immigrant from South Africa.
I remember a Trump voter defecting to the Democrats after Charlottesville. He wasn't the only one then. All those who voted for that thing who will probably vote Democrat two years from now. Either you think this is a good thing or you have TDS: Traitor Derangementr Syndrome.
>>
>>1373716
>Musk, the world’s richest person, is looking to downsize the federal budget and operations by slashing spending, curbing regulations and cutting the workforce.
But mostly
>curbing regulations

completely unrelated that this really really this helps the billionaires
>>
>>1373990
Imagine simping for a trillionaire who wants you dead
>>
>>1373716
I'd like to kill that guy. I think I'd enjoy it.
>>
>>1373730
>Americans want 12 hour workdays.
Are you fucking nuts?
>>
>>1373716
No shit, he's a failure propped up by the CIA, Bilderberg, and globalists (Peter Theil).
Hyperloop
Self driving cars
Man on Mars by 2024



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