www.bizpacreview.com By Tom Tillison
Elon Musk and Vivek Ramaswamy have some ideas about cuts to federal spending when President-elect Trump’s Department of Government Efficiency (DOGE) becomes official in January.
“Musk, the wealthiest person in the world who is known for his ambitious goals, has set an aim to slash $2 trillion in federal spending under the initiative, while Ramaswamy, a billionaire in his own right, has said entire agencies will be ‘deleted’ under DOGE’s recommendations,” Fox Business reported.
Given their success as entrepreneurs, it’s likely that the priorities established by Musk and Ramaswamy will prove to be beneficial to the American people and Fox Business has compiled a list of “opportunities for improvement” being considered, beginning with simplifying the U.S. tax code.
“In 1955, there were less than 1.5 million words in the U.S. Tax Code. Today, there are more than 16 million words,” DOGE posted to its official X account back in November. “Because of this complexity, Americans collectively spend 6.5 billion hours preparing and filing their taxes each year. This must be simplified…
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