Elon Musk and Vivek Ramaswamy to Lead Trump’s $2 Trillion Cost-Cutting Department of Government Efficiency

Elon Musk and biotech leader Vivek Ramaswamy have been tapped by President-elect Donald Trump to lead a groundbreaking new agency—the Department of Government Efficiency (DOGE)—with the mission of slashing $2 trillion in tax spending and reforming federal operations. Karoline Leavitt, spokesperson for Trump’s transition team, announced the selection, highlighting that the agency's primary focus will be on reducing inefficiencies in the federal budget, which exceeds $6.5 trillion annually.

Musk, who has long advocated for streamlined government spending, previously suggested the formation of an efficiency commission aimed at curbing overspending to reduce inflation. During a recent campaign event in Pennsylvania, Musk detailed his vision for DOGE, underscoring plans to drive massive savings by cutting redundant programs and enhancing accountability within federal agencies. His approach will involve comprehensive audits of government departments, drawing on his background in tech and business to root out inefficiencies.

Ramaswamy, who has provided strategic insights to Trump’s campaign, joins the effort with a push for what he describes as a “small-government revolution.” He intends to downsize federal programs and reshape administrative practices without waiting for Congress, aiming to implement swift and impactful changes.

The new department will collaborate closely with the White House and the Office of Management and Budget (OMB) to achieve structural reforms on a large scale. Musk promises unprecedented transparency, pledging to make DOGE’s decisions and spending details fully accessible to the public. Citizens will be encouraged to monitor the agency’s actions and participate in feedback channels to guide future cost-cutting measures.

DOGE is set to be a pivotal part of Trump’s vision for a leaner, more efficient federal government, representing an ambitious attempt to make significant cuts to federal spending and tackle bureaucracy at its roots.