Musk Wants $2 Trillion Cut From US Budget. It’d Be Difficult
- Trump would appoint Musk to direct ‘government efficiency’
- Likely would require cutting popular entitlement programs
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Elon Musk predicted he could cut at least $2 trillion from the US federal budget, a lofty goal that would require a level of austerity unprecedented since the winding down of World War II.
His target, mentioned at Donald Trump’s Sunday rally in Madison Square Garden, exceeds the amount Congress spends annually on government agency operations, including defense. It would likely require making significant cuts to popular entitlement programs such as Social Security, Medicare, Medicaid and veterans’ benefits.