Elon Musk says his D.O.G.E is going after the IRS, plans to cut its budget
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Elon Musk is coming for one of Washington’s biggest targets: the Internal Revenue Service. Joined by entrepreneur Vivek Ramaswamy, the eccentric billionaire plans to gut the agency’s budget and reimagine how Americans handle taxes. The duo’s ambitions don’t stop there. They’re orchestrating a federal spending cut of $2 trillion, tackling agencies they consider bloated or outdated via their Department of Government Efficiency (D.O.G.E). “The IRS is a mess,” ELon has said, pointing to inefficiency and scandals that have plagued the agency for years. He’s proposing a free tax-filing app, suggesting an audit, and calling for massive layoffs to reduce what he deems “administrative overgrowth.” He did a poll on X, asking people what he should do with the IRS, and over 60% voted to delete its budget altogether. On top of that, D.O.G.E plans to slash federal funding for other agencies, including the Consumer Financial Protection Bureau (CFPB) and the Department of Education. Slashing through federal spending D.O.G.E is targeting multiple agencies and programs as part of its $2 trillion spending cut. The CFPB, a watchdog agency for financial practices, is at the top of Elon’s list. “Delete CFPB,” Elon posted on X, sparking debate about the bureau’s future. Critics argue the agency overlaps with others, making it redundant. Project 2025, a Trump-era initiative, also pushed for its elimination. The Department of Education isn’t safe either. Vivek has suggested “mass reductions,” going as far as saying entire agencies might be wiped out. Trump, who has advocated for the department’s dismantling for years, appears to have his allies doubling down on that goal. Even the Pentagon’s enormous $1 trillion budget isn’t off-limits. Vivek has criticized the Department of Defense for what he calls rampant waste. He claims the Pentagon burns through $125 billion annually on bureaucracy. Ironically, Elon’s SpaceX, with its…
Filed under: News - @ November 28, 2024 9:19 am