Donald Trump returned to the White House promising to cut government waste, reduce federal spending and bring down America’s deficit. But more than a year into his second term, the US fiscal picture is facing growing pressure, with total national debt surpassing $40 trillion.

The administration launched the Department of Government Efficiency (DOGE) with an ambitious goal of identifying waste and generating major savings. However, reported savings fell far short of the initial targets, while overall government spending remained high.

Trump’s major tax-and-spending package also created a difficult fiscal trade-off. While the administration argued that lower taxes would boost investment and economic growth, reduced tax revenue can add pressure to the deficit unless spending falls sufficiently.

Tariffs were another key part of Trump’s strategy, with the administration presenting them as both a trade tool and a potential source of revenue. However, tariff revenues have faced volatility while also raising concerns about inflation and higher costs for businesses and consumers.

Trump’s Fiscal Promise Under Pressure: US Debt Surpasses $40 Trillion | Deficit And Borrowing Rise

<p>The Department of Government Efficiency (DOGE) has finally broken the silence following reports suggesting that the agency had been dissolved eight months before its contract ended. Rejecting the claim, the DOGE called the report “fake news”, saying that it will be back in a few days with its “regularly scheduled Friday update”. This comes after a report surfaced citing a US official saying the department, which carried out a campaign of slashing government spending and firing thousands of federal employees, “doesn’t exist”.</p><p>Reuters reported, citing Office of Personnel Management Director Scott Kupor, that DOGE was no longer a “centralised entity”. When asked about the agency’s status, Kupor said, “That doesn’t exist.”</p><p>Slamming the report, DOGE responded on X, “As usual, this is fake news from Reuters.”</p><p>Defending its existence, the agency further claimed that it terminated 78 “wasteful contracts” last week and saved taxpayers $335 million.</p><p>“President Trump was given a mandate by the American people to modernize the federal government and reduce waste, fraud and abuse. Just last week, DOGE terminated 78 wasteful contracts and saved taxpayers $335M,” it wrote. “We’ll be back in a few days with our regularly scheduled Friday update.”</p><p>DOGE was set up in January and was tasked to shrink the federal agencies rapidly, cut their budgets or redirect their work to priorities as per the US President. OPM, the federal government’s human resources office, has taken over many functions of DOGE, as per Kupor and Reuters reports citing documents.</p><p>The suspicions that DOGE may have been disbanded started to rise when Politico reported in June that staffers had “packed up their clothes and bedding” at the department’s headquarters, where they had been living since February. The report added that they were looking for new homes.</p><p>The rehousing came shortly after a dramatic feud between Trump and Musk on social media, when many former employees were reportedly worried about criminal repercussions associated with their role in DOGE programs. Moreover, several DOGE staff have taken on other roles across government.</p>

Slamming the report, DOGE responded on X, “As usual, this is fake news from Reuters.”

Defending its existence, the agency further claimed that it terminated 78 “wasteful contracts” last week and saved taxpayers $335 million.

The Department of Government Efficiency (DOGE) has finally broken the silence following reports suggesting that the agency had been dissolved eight months before its contract ended. Rejecting the claim, the DOGE called the report “fake news”, saying that it will be back in a few days with its “regularly scheduled Friday update”. This comes after a report surfaced citing a US official saying the department, which carried out a campaign of slashing government spending and firing thousands of federal employees, “doesn’t exist”. Reuters reported, citing Office of Personnel Management Director Scott Kupor, that DOGE was no longer a “centralised entity”. When asked about the agency’s status, Kupor said, “That doesn’t exist.” Slamming the report, DOGE responded on X, “As usual, this is fake news from Reuters.” Defending its existence, the agency further claimed that it terminated 78 “wasteful contracts” last week and saved taxpayers $335 million. “President Trump was given a mandate by the American people to modernize the federal government and reduce waste, fraud and abuse. Just last week, DOGE terminated 78 wasteful contracts and saved taxpayers $335M,” it wrote. “We’ll be back in a few days with our regularly scheduled Friday update.” DOGE was set up in January and was tasked to shrink the federal agencies rapidly, cut their budgets or redirect their work to priorities as per the US President. OPM, the federal government’s human resources office, has taken over many functions of DOGE, as per Kupor and Reuters reports citing documents. The suspicions that DOGE may have been disbanded started to rise when Politico reported in June that staffers had “packed up their clothes and bedding” at the department’s headquarters, where they had been living since February. The report added that they were looking for new homes. The rehousing came shortly after a dramatic feud between Trump and Musk on social media, when many former employees were reportedly worried about criminal repercussions associated with their role in DOGE programs. Moreover, several DOGE staff have taken on other roles across government.

<p>Slamming the report, DOGE responded on X, “As usual, this is fake news from Reuters.” Defending its existence, the agency further claimed that it terminated 78 “wasteful contracts” last week and saved taxpayers $335 million.</p>

‘We’ll be back in…’: DOGE finally breaks silence on claims it ‘doesn’t exist’

<p>The Department of Government Efficiency (DOGE), which carried out a campaign of slashing government spending and firing thousands of federal employees, has reportedly been dissolved eight months before its contract ended. DOGE was led by Elon Musk, who had a fallout with the US President Donald Trump earlier this year in May. This comes amid suspicions that the agency, which was created by Trump on his first day in office, was on its way out.</p><p>“That doesn’t exist,” Office of Personnel Management Director Scott Kupor told Reuters earlier this month when he was asked about the department’s status. He added that DOGE was no longer a “centralised entity.”</p><p>DOGE was set up in January and was tasked to shrink the federal agencies rapidly, cut their budgets or redirect their work to priorities as per the US President. OPM, the federal government’s human resources office, has taken over many functions of DOGE, as per Kupor and Reuters reports citing documents.</p><p>More than 200,000 federal workers were laid off, while 75,000 accepted buyouts by May. DOGE said that the cuts saved billions of dollars. However, critics said it was impossible to verify the claims due to a lack of public accountability.</p><p>“We are actually trying to be as transparent as possible,” Musk said in February. “I don’t know of a case where an organization has been more transparent than the Doge organization.”</p><h2><strong>Rehousing of DOGE employees</strong></h2><p>The suspicions that DOGE may have been disbanded started to rise when Politico reported in June that staffers had “packed up their clothes and bedding” at the department’s headquarters, where they had been living since February. The report added that they were looking for new homes.</p><p>The rehousing came shortly after a dramatic feud between Trump and Musk on social media, when many former employees were reportedly worried about criminal repercussions associated with their role in DOGE programs.&nbsp;</p><h2><strong>DOGE’s key players moved into other roles</strong></h2><p>Several DOGE staff have taken on other roles across government. Among the most prominent ones was Joe Gebbia, the co-founder of Airbnb. He has now been tasked by Trump to improve the “visual presentation” of government websites.&nbsp;</p><p>Amy Gleason, the acting administrator, became an adviser to the health and human services secretary, Robert F Kennedy Jr, in March. Zachary Terrell, another senior official of DOGE, is now chief technology officer at the Department of Health, while Rachel Riley is now chief of the Office of Naval Research, according to Reuters.</p>

DOGE was set up in January and was tasked to shrink the federal agencies rapidly, cut their budgets or redirect their work to priorities as per the US President. 

The Department of Government Efficiency (DOGE), which carried out a campaign of slashing government spending and firing thousands of federal employees, has reportedly been dissolved eight months before its contract ended. DOGE was led by Elon Musk, who had a fallout with the US President Donald Trump earlier this year in May. This comes amid suspicions that the agency, which was created by Trump on his first day in office, was on its way out. “That doesn’t exist,” Office of Personnel Management Director Scott Kupor told Reuters earlier this month when he was asked about the department’s status. He added that DOGE was no longer a “centralised entity.” DOGE was set up in January and was tasked to shrink the federal agencies rapidly, cut their budgets or redirect their work to priorities as per the US President. OPM, the federal government’s human resources office, has taken over many functions of DOGE, as per Kupor and Reuters reports citing documents. More than 200,000 federal workers were laid off, while 75,000 accepted buyouts by May. DOGE said that the cuts saved billions of dollars. However, critics said it was impossible to verify the claims due to a lack of public accountability. “We are actually trying to be as transparent as possible,” Musk said in February. “I don’t know of a case where an organization has been more transparent than the Doge organization.” Rehousing of DOGE employees The suspicions that DOGE may have been disbanded started to rise when Politico reported in June that staffers had “packed up their clothes and bedding” at the department’s headquarters, where they had been living since February. The report added that they were looking for new homes. The rehousing came shortly after a dramatic feud between Trump and Musk on social media, when many former employees were reportedly worried about criminal repercussions associated with their role in DOGE programs. DOGE’s key players moved into other roles Several DOGE staff have taken on other roles across government. Among the most prominent ones was Joe Gebbia, the co-founder of Airbnb. He has now been tasked by Trump to improve the “visual presentation” of government websites. Amy Gleason, the acting administrator, became an adviser to the health and human services secretary, Robert F Kennedy Jr, in March. Zachary Terrell, another senior official of DOGE, is now chief technology officer at the Department of Health, while Rachel Riley is now chief of the Office of Naval Research, according to Reuters.

<p>DOGE was set up in January and was tasked to shrink the federal agencies rapidly, cut their budgets or redirect their work to priorities as per the US President.&nbsp;</p>

Elon Musk’s DOGE ‘doesn’t exist’? US official reveals SHOCKING truth

<p>The Donald Trump administration's Department of Government Efficiency (DOGE) is considering using artificial intelligence to generate a "delete list" of federal regulations. The department aims to reduce 50 per cent of rules before the first anniversary of Trump's inauguration. The “Doge AI Deregulation Decision Tool” will analyze 200,000 government regulations and delete those redundant.</p><p>&nbsp;</p><p>DOGE, which was spearheaded by Elon Musk until May, says that the administration can do away with at least 100,000 of these regulations. It made the conclusion after getting&nbsp;feedback from the administration's staff, according to the Washington Post.</p><p>&nbsp;</p><p>The newspaper reported that the Department of Housing and Urban Development (HUD) used the AI tool to make “decisions on 1,083 regulatory sections”. The Consumer Financial Protection Bureau used it to write “100% of deregulations”.</p><p>Three HUD employees told the Post that AI was used to review hundreds of lines of regulations to find redundancy.</p><p>&nbsp;</p><p>During his presidential campaign, Trump claimed that these regulations were increasing the cost of goods and promised that he would aggressively reduce these regulations. After becoming the president, he asked the heads of all government departments to review these regulations in coordination with the newly formed department.</p><p>&nbsp;</p><p>White House spokesperson Harrison Fields told the newspaper said “all options are being explored” to achieve the president’s deregulation promises.</p><p>&nbsp;</p><p>He said the plan is in its early stages and is being conducted in consultation with the White House.&nbsp;</p><p>&nbsp;</p><p>"The Doge experts creating these plans are the best and brightest in the business and are embarking on a never-before-attempted transformation of government systems and operations to enhance efficiency and effectiveness," he said.</p><p>&nbsp;</p><p>Elon Musk had hired a 19-year-old man named Edward Coristine in DOGE. He is one of the two proponents of the use of AI in the country's bureaucracy.</p>

The Donald Trump administration's Department of Government Efficiency (DOGE) is considering using artificial intelligence to generate a "delete list" of federal regulations.

The Donald Trump administration's Department of Government Efficiency (DOGE) is considering using artificial intelligence to generate a "delete list" of federal regulations. The department aims to reduce 50 per cent of rules before the first anniversary of Trump's inauguration. The “Doge AI Deregulation Decision Tool” will analyze 200,000 government regulations and delete those redundant. DOGE, which was spearheaded by Elon Musk until May, says that the administration can do away with at least 100,000 of these regulations. It made the conclusion after getting feedback from the administration's staff, according to the Washington Post. The newspaper reported that the Department of Housing and Urban Development (HUD) used the AI tool to make “decisions on 1,083 regulatory sections”. The Consumer Financial Protection Bureau used it to write “100% of deregulations”. Three HUD employees told the Post that AI was used to review hundreds of lines of regulations to find redundancy. During his presidential campaign, Trump claimed that these regulations were increasing the cost of goods and promised that he would aggressively reduce these regulations. After becoming the president, he asked the heads of all government departments to review these regulations in coordination with the newly formed department. White House spokesperson Harrison Fields told the newspaper said “all options are being explored” to achieve the president’s deregulation promises. He said the plan is in its early stages and is being conducted in consultation with the White House. "The Doge experts creating these plans are the best and brightest in the business and are embarking on a never-before-attempted transformation of government systems and operations to enhance efficiency and effectiveness," he said. Elon Musk had hired a 19-year-old man named Edward Coristine in DOGE. He is one of the two proponents of the use of AI in the country's bureaucracy.

<p>DOGE, which was spearheaded by Elon Musk until May, says that the administration can do away with at least 100,000 of these regulations.</p>

DOGE using AI to eliminate redundant US regulations: Report

<p>Tesla CEO Elon Musk and Indian-origin biotech entrepreneur Vivek Ramaswamy announced that they are hiring for their new United States Department of Government Efficiency (DOGE). Musk and Ramaswamy are seeking “high-IQ small-government revolutionaries” who are willing to work over 80 hours a week without pay.</p>

<p>In an X post, the department posted from its official handle, “We are very grateful to the thousands of Americans who have expressed interest in helping us at DOGE. We don’t need more part-time idea generators. We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting.”</p>

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<p dir="ltr" lang="en">We are very grateful to the thousands of Americans who have expressed interest in helping us at DOGE. We don’t need more part-time idea generators. We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting. If that’s…</p>
— Department of Government Efficiency (@DOGE) <a href="https://twitter.com/DOGE/status/1857076831104434289?ref_src=twsrc%5Etfw">November 14, 2024</a></blockquote>
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<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/so-humanity-can-grow-elon-musk-allegedly-offered-his-sperm-to-a-very-famous-politician-776412">'So humanity can grow,' Elon Musk allegedly offered his sperm to a very famous politician</a></strong></p>

<p>“If that’s you, DM this account with your CV. Elon &amp; Vivek will review the top 1% of applicants,” it added.</p>

<p>However, to send a message to a DOGE account to submit applications, users need an X subscription. To get a verified X account, users need to pay $84 a year for the premium membership.</p>

<p>“Indeed, this will be tedious work, make lots of enemies &amp; compensation is zero,” Musk wrote in a separate X post about the job. “What a great deal!”</p>

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<p dir="ltr" lang="en">Indeed, this will be tedious work, make lots of enemies &amp; compensation is zero.<br />
<br />
What a great deal! 😂 <a href="https://t.co/16e7EKRS6i">https://t.co/16e7EKRS6i</a></p>
— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1857112441529700671?ref_src=twsrc%5Etfw">November 14, 2024</a></blockquote>
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<h2>Trump appoints Musk and&nbsp;Ramaswamy</h2>

<p>US President-elect Donald Trump earlier announced the appointment of Musk and Ramaswamy to the department, saying “Together, these two wonderful Americans will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies – essential to the ‘Save America’ movement.”</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/good-news-trump-ally-elon-musk-met-with-irans-un-ambassador-discussed-ways-to-defuse-tensions-report-776427">'Good news,' Trump ally Elon Musk met with Iran’s UN ambassador, discussed ways to defuse tensions: Report</a></strong></p>

<p>Musk has vowed to reduce federal bureaucracy by one-third and reduce the US government spending by $2 trillion, a move that he said “necessarily involves some temporary hardship”.&nbsp;</p>

<p>The X owner has emerged as a strong ally of Trump since the first assassination attempt on the Republican. He is the largest donator to Trump’s campaign after donating $120 million. Musk has also held rallies and events for Trump and promoted his campaign message consistently on X.</p>

<p><em>(With inputs from agencies)</em></p>


Tesla CEO Elon Musk and Indian-origin biotech entrepreneur Vivek Ramaswamy announced that they are hiring for their new United States Department of Government Efficiency (DOGE).

Tesla CEO Elon Musk and Indian-origin biotech entrepreneur Vivek Ramaswamy announced that they are hiring for their new United States Department of Government Efficiency (DOGE). Musk and Ramaswamy are seeking “high-IQ small-government revolutionaries” who are willing to work over 80 hours a week without pay. In an X post, the department posted from its official handle, “We are very grateful to the thousands of Americans who have expressed interest in helping us at DOGE. We don’t need more part-time idea generators. We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting.” We are very grateful to the thousands of Americans who have expressed interest in helping us at DOGE. We don’t need more part-time idea generators. We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting. If that’s… — Department of Government Efficiency (@DOGE) November 14, 2024 × Also read | 'So humanity can grow,' Elon Musk allegedly offered his sperm to a very famous politician “If that’s you, DM this account with your CV. Elon & Vivek will review the top 1% of applicants,” it added. However, to send a message to a DOGE account to submit applications, users need an X subscription. To get a verified X account, users need to pay $84 a year for the premium membership. “Indeed, this will be tedious work, make lots of enemies & compensation is zero,” Musk wrote in a separate X post about the job. “What a great deal!” Indeed, this will be tedious work, make lots of enemies & compensation is zero. What a great deal! 😂 https://t.co/16e7EKRS6i — Elon Musk (@elonmusk) November 14, 2024 × Trump appoints Musk and Ramaswamy US President-elect Donald Trump earlier announced the appointment of Musk and Ramaswamy to the department, saying “Together, these two wonderful Americans will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies – essential to the ‘Save America’ movement.” Also read | 'Good news,' Trump ally Elon Musk met with Iran’s UN ambassador, discussed ways to defuse tensions: Report Musk has vowed to reduce federal bureaucracy by one-third and reduce the US government spending by $2 trillion, a move that he said “necessarily involves some temporary hardship”. The X owner has emerged as a strong ally of Trump since the first assassination attempt on the Republican. He is the largest donator to Trump’s campaign after donating $120 million. Musk has also held rallies and events for Trump and promoted his campaign message consistently on X. (With inputs from agencies)

Elon Musk and Vivek Ramaswamy’s DOGE seeks ‘super-high IQ’ candidates

<p>A 2003 speech by Indian-American entrepreneur Vivek Ramaswamy has gone viral on American social media following his appointment as co-chair of the United States&nbsp;‘Department of Government Efficiency’ or DOGE in the upcoming Donald Trump administration. An 18-year-old Ramaswamy can be seen delivering a commencement address at St. Xavier High School in the viral video.</p>

<p>In his speech, Ramaswamy said all the time when he was focused on completing his graduation, he now wished he could take a pause and appreciate the moment.</p>

<p>“I have been racing my entire high school career but now, when we are finally crossing the finish line, I wish I could have stopped, just a little earlier, to catch a breath of the fresh air around me," he said.</p>

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<p dir="ltr" lang="en">An 18 year old Vivek Ramaswamy. Look at the poise, articulation and confidence. I think this is what an IB education should yield. In my time most of us kids were preparing for Backend jobs. <a href="https://t.co/OtgApse0vQ">pic.twitter.com/OtgApse0vQ</a></p>
— Gabbar (@GabbbarSingh) <a href="https://twitter.com/GabbbarSingh/status/1856568997124198436?ref_src=twsrc%5Etfw">November 13, 2024</a></blockquote>
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<p>In his address, Vivek also recalled a quote from his English class. “It is better to travel than it is to arrive leaving me all confused to hell like with mixed feelings how am I supposed to feel right now?" Ramaswamy told the crowd.</p>

<p>Ramaswamy also emphasised the word “commencement” at the event marked to celebrate the end of high school education. “And yet, now we use that same word commencement to describe a ceremony marking the end to our 4-year high school experience," 18-year-old&nbsp;Ramaswamy&nbsp;said.</p>

<p><strong>Watch: Elon Musk, Vivek Ramaswamy Will Lead Department Of Government Efficiency</strong></p>

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<p>“So, tonight, which is it really?" he questioned.</p>

<p>He stressed the importance of the journey over the destination, saying, “The sole end of that work shouldn’t be in achieving some great reward, rather it should be in the work itself. In a way, to give, and not to count the cost."</p>

<p>“It isn’t about reaching the destination, it is all about making journey to get there and in the end we might find ourselves the destination far from the one we have in mind tonight," he concluded.</p>

<p><strong>Also read:&nbsp;<a data-ved="2ahUKEwid8N2antmJAxUJR2wGHSyyDYMQxfQBKAB6BAgJEAE" href="https://www.wionews.com/world/elon-musk-vivek-ramaswamy-to-lead-department-of-government-efficiency-in-trumps-second-term-775673" jsname="YKoRaf" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.wionews.com/world/elon-musk-vivek-ramaswamy-to-lead-department-of-government-efficiency-in-trumps-second-term-775673&amp;ved=2ahUKEwid8N2antmJAxUJR2wGHSyyDYMQxfQBKAB6BAgJEAE">Elon Musk, Vivek Ramaswamy to lead `Department of Government Efficiency` in Trump`s second term</a></strong></p>

<p>The video soon became an internet sensation both in India and the US, with many users left awestruck by Vivek’s public speaking style.</p>

<p>One user commented, “Public speaking skills are groomed but there should be an innate zeal within oneself to polish and nourish it further. Body language, elocution and connecting with audience are niche skills and once mastered is deadly weapon."</p>

<p>Another person shared, “This is what a good education from a good college can do for you. And here we are, in a time when people casually say you don’t need college."&nbsp;</p>

<p>“18-year-old Vivek looks more ready for politics than most politicians today," someone quipped.</p>

<p><em>(With inputs from agencies)</em></p>


A 2003 speech by Indian-American entrepreneur Vivek Ramaswamy has gone viral on American social media following his appointment as co-chair of the United States ‘Department of Government Efficiency’ or DOGE in the upcoming Donald Trump administration.

A 2003 speech by Indian-American entrepreneur Vivek Ramaswamy has gone viral on American social media following his appointment as co-chair of the United States ‘Department of Government Efficiency’ or DOGE in the upcoming Donald Trump administration. An 18-year-old Ramaswamy can be seen delivering a commencement address at St. Xavier High School in the viral video. In his speech, Ramaswamy said all the time when he was focused on completing his graduation, he now wished he could take a pause and appreciate the moment. “I have been racing my entire high school career but now, when we are finally crossing the finish line, I wish I could have stopped, just a little earlier, to catch a breath of the fresh air around me," he said. An 18 year old Vivek Ramaswamy. Look at the poise, articulation and confidence. I think this is what an IB education should yield. In my time most of us kids were preparing for Backend jobs. pic.twitter.com/OtgApse0vQ — Gabbar (@GabbbarSingh) November 13, 2024 × In his address, Vivek also recalled a quote from his English class. “It is better to travel than it is to arrive leaving me all confused to hell like with mixed feelings how am I supposed to feel right now?" Ramaswamy told the crowd. Ramaswamy also emphasised the word “commencement” at the event marked to celebrate the end of high school education. “And yet, now we use that same word commencement to describe a ceremony marking the end to our 4-year high school experience," 18-year-old Ramaswamy said. Watch: Elon Musk, Vivek Ramaswamy Will Lead Department Of Government Efficiency × “So, tonight, which is it really?" he questioned. He stressed the importance of the journey over the destination, saying, “The sole end of that work shouldn’t be in achieving some great reward, rather it should be in the work itself. In a way, to give, and not to count the cost." “It isn’t about reaching the destination, it is all about making journey to get there and in the end we might find ourselves the destination far from the one we have in mind tonight," he concluded. Also read: Elon Musk, Vivek Ramaswamy to lead `Department of Government Efficiency` in Trump`s second term The video soon became an internet sensation both in India and the US, with many users left awestruck by Vivek’s public speaking style. One user commented, “Public speaking skills are groomed but there should be an innate zeal within oneself to polish and nourish it further. Body language, elocution and connecting with audience are niche skills and once mastered is deadly weapon." Another person shared, “This is what a good education from a good college can do for you. And here we are, in a time when people casually say you don’t need college." “18-year-old Vivek looks more ready for politics than most politicians today," someone quipped. (With inputs from agencies)

‘Looks ready for politics,’ Internet awestruck as 2003 speech of 18-year-old Vivek Ramaswamy goes viral