Together, Elon Musk and Vivek Ramaswamy heading America’s first Department of Government Efficiency (DOGE) will likely cut serious spending waste, Kevin O’Leary thinks.
“There’s lots of room for efficiency,” O’Leary said on “Varney & Co.” Monday.
“I’m just one voice. But if you went and talked to the CEOs in the S&P 500,” he added, “they point to [regulation] as one of the most expensive aspects in terms of cost growth on their income statements.”
DOGE’s co-chair Ramaswamy joined Fox News’ “Sunday Morning Futures” to explain what first steps the agency might take to reach their goal of cutting $2 trillion off the national deficit.
D.O.G.E. COULD TARGET S.E.C., C.F.P.B. – ARE BOTH AGENCIES NEEDED?
Not only does DOGE plan on simplifying tax codes, but Ramaswamy told host Maria Bartiromo that they also expect massive cuts in the federal government workforce, including within the defense sector.
“The Pentagon has just failed its seventh consecutive audit, nearly $1 trillion of budget. They can’t even …