Musk and Ramaswamy Unveil Plan to Overhaul Government [Video]

Elon Musk and Vivek Ramaswamy aim to scrap “thousands of regulations” and reduce the size of the federal workforce through a new, efficiency-focused government agency.

On November 12, President-elect Donald Trump announced that the two entrepreneurs would lead the Department of Government Efficiency (DOGE), an agency he said would serve an advisory role to the White House and partner with the Office of Management and Budget to “drive large-scale structural reform” within the federal bureaucracy.

In a Wednesday column for The Wall Street Journal, Musk and Ramaswamy wrote: “The two of us will advise DOGE at every step to pursue three major kinds of reform: regulatory rescissions, administrative reductions and cost savings. We will focus particularly on driving change through executive action based on existing legislation rather than by passing new laws.”

Philip Wallach, a senior fellow at the American Enterprise Institute, told Newsweekthat while there was a clear demand to reduce wastefulness, …