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We anticipate significant reductions in the federal government, including the outright elimination of certain agencies. There will be mass layoffs in areas deemed bloated, along with substantial cuts to federal contractors who are overcharging. We expect to implement these changes swiftly, aided by the legal framework provided by the Supreme Court.

Few entrepreneurs have achieved as much as he has, demonstrating remarkable executional excellence akin to Steve Jobs. His ideas about government merit attention, as they are beneficial for everyone. If he claims he can save $2 trillion in spending, I believe him, given the significant waste in federal government spending that we all witness. This is a bipartisan issue; we all recognize the inefficiencies. If we empower him with a mandate, history shows he delivers results. He has consistently accomplished extraordinary things. We should leverage this potential.

We're going to run the federal government like a business: money in, money out. We'll focus spending on what advances America's interests. That's our goal. Anything else is fear-mongering by the left, who lack a real message and are, frankly, deranged.

We're committed to running the federal government like a business. Our focus is on efficient spending—money in, money out—prioritizing what truly advances America's interests. Anything else is just fear-mongering from the left, a tactic used because they lack a real message. Their claims are unfounded.

The people want an active government that doesn't waste money. To deliver change, we're reorganizing the government to save taxpayer dollars. We're cutting the federal bureaucracy by 100,000 positions through attrition and reducing administrative costs by 12%. Unproductive advisory commissions will be eliminated, and agencies can't create new ones without approval. Government regulations and procurement rules hurt the system, so we will cut waste, streamline bureaucracy, and change these rules to make government work better. This includes downsizing the government, improving customer service, and overhauling federal procurement and personnel systems. The goal is to make government work for the people, eliminate unnecessary programs, and reduce the federal workforce. We're committed to cutting spending and reducing the deficit to ensure a stronger economy for the future.

The same Democrats who said we couldn't fix the border are now seeing border crossings down 95% in just one month. We've uncovered $100 billion in waste, Sean. Think of what we could do for suffering Americans, our schools, healthcare, and infrastructure with that money! Imagine four years of these kinds of savings once we get into the rest of the agencies. Nobody thought giving millions to Guatemalan programs was a good use of funds. The possibilities are endless, and the American people are finally seeing what's possible. We are going to unleash all of that. I couldn't be prouder of what we are doing.

To address inflation, we need to tackle massive deficit spending and government waste. If the economy grows faster than the money supply, meaning we stop government overspending and the output of useful goods and services exceeds the increase in money, we can eliminate inflation. High interest payments are due to the increasing national debt, with the government competing with private citizens to sell debt, driving up interest rates. Cutting back on the deficit leads to the elimination of inflation and lower interest rates. This would reduce mortgage, credit card, car, and student loan payments, making life more affordable and improving the overall standard of living for people.

I don't care about grocery prices right now. We're focused on exposing corruption and reducing government spending. We're saving billions by cutting off funding to wasteful projects. Anyone with common sense knows you can't fix the economy overnight. So let's focus on the bigger picture here.

Budget reform isn't an option; it's essential. The American people deserve transparency and accountability to see where their tax dollars go. We must ensure funds are used as intended. We're committed to scrutinizing the federal budget, line by line, eliminating wasteful programs and ensuring cost-effectiveness. It should be easy to cut pointless waste that benefits no one. We aim to establish a new culture of efficiency, not just within our administration, but for every administration that follows. No amount of waste is acceptable when it's your money. We all know government inefficiency exists. Reorganizing and finding efficiency is challenging, and frankly, some of these necessary changes are overdue.

The speaker announces anticipated savings of $150 billion in FY 2026 by reducing waste and fraud, citing examples such as people fraudulently receiving unemployment insurance. The speaker suggests waste and fraud are easily found within the government. The speaker believes these savings will result in better services for the American people and ensure tax dollars are spent sensibly. Speaker 0 praises the team's skills in identifying previously unnoticed issues and their computer proficiency, expressing a desire to retain them long-term. Speaker 1 mentions working with Howard on the "Trump gold card operation."

In just one week, over 350 executive actions were taken, including signing 300. The era of American decline is over, and a new golden age has begun. On day one, every cabinet member was directed to use their powers to combat inflation and reduce living costs. A federal hiring freeze, regulation freeze, and foreign aid freeze were imposed, reflecting a shift in priorities. The creation of a new department focused on Government Efficiency aims to enhance effectiveness. Additionally, the termination of the costly Green New Deal was announced, highlighting a commitment to eliminate wasteful spending.

In my first years as president, I managed to reduce the debt by $1.71 trillion, which is the largest reduction in history.

We're committed to streamlining the federal government, just like running a business. We're carefully reviewing every expense to ensure we're only spending on what truly benefits America. That's our focus. Any claims to the contrary are simply scare tactics from the left, who lack a coherent message and are, frankly, out of touch with reality.

The American people want effective government without wasted money. To deliver this, we're overhauling how government operates, beginning with a 25% reduction in White House staff and $10 million in savings. These steps will save taxpayers $9 billion. We're reducing the federal bureaucracy by at least 100,000 positions through attrition and cutting administrative costs by 12%. We're also eliminating unproductive advisory commissions. We aim to cut inessential spending and tackle the growing deficit and debt. Government programs should be efficient, and overhead must be reduced. These changes are crucial because debt consumes tax dollars and hinders private sector growth. We're also working to cut waste, streamline processes, improve customer service, and reform procurement and personnel systems. We need a government that works better, costs less, and treats taxpayers like customers.

I reduced the national debt by $1.7 trillion, cutting it in half. In the last two years, we cut the debt by $1.7 trillion. This is a significant reduction that no one has ever achieved before.

The American people are tired of their tax dollars being wasted. For the first time, this president is committed to restoring accountability at every level of the federal government. If you agree there is waste, abuse, and corruption, why are you not celebrating the cuts and reforms that are being instituted? We are saving Americans billions of dollars and ending the theft, waste, grift, and corruption. We are stopping American taxpayer dollars from subsidizing a rogue federal bureaucracy that has been relentlessly weaponized against the American people. We care about this issue. The American public overwhelmingly supports what President Trump is doing.

To understand Elon Musk's actions with the federal government, look at his Twitter takeover. He implemented cost-cutting measures: mass layoffs, reduced real estate, and employee buyouts—similar to a recent federal government email. This mirrors his "zero-based budgeting" approach. While Twitter's revenue decreased after these changes (partially due to an advertising boycott), its profitability increased significantly. Adjusted EBITDA rose from $682 million to $1.25 billion, even with reduced revenue. This demonstrates that eliminating unnecessary spending can increase profitability, leading to taxpayer savings and reduced government debt. Ignoring the negative narrative, Musk's methods could benefit the federal government, resulting in lower taxes and improved services for the American people.

The speaker states their goal is to make government more efficient and eliminate waste and fraud, claiming current savings exceed $4 billion a day. They believe they will reach a trillion dollars in savings unless stopped. The savings will come from an audit that will not gather dust on shelves, but will result in real savings and bend the base spending baseline down.

In just under a month, the Department of Government Efficiency has already saved over $55 billion, and this is only the beginning. We're on track to eliminate trillions of dollars in waste, which will lead to significantly lower inflation and interest rates. This will also result in reduced payments on mortgages, credit cards, and car loans, and a much stronger stock market. I anticipate the stock market performing exceptionally well. Our strategy involves rapidly expanding the economy by significantly reducing the size of the federal government, and this is a crucial step we must take.

We are working to cut a trillion dollars from the deficit because if we don't get the deficit under control, America will go bankrupt. A country is no different than an individual. If you overspend, you will go bankrupt, and the massive waste and abuse that has been going on has led to a $2 trillion a year deficit. That is what the President was handed on January 20th: a $2 trillion deficit. It's insane.

I reduced the deficit by $1.7 trillion in just 2 years. No one has ever achieved this before.

All government spending is taxation, either directly or through inflation. The Department of Government Efficiency will address wasted money. The goal is to get the government out of people's pocketbooks, leading America to unprecedented heights and an amazing future. The speaker expresses enthusiasm for the positive energy present.

We anticipate significant reductions in federal agencies, including potential closures. Certain agencies may be eliminated entirely, and we plan to cut down on bloated areas within the federal government. Additionally, we aim to reduce spending on federal contractors who are overbilling. The changes may happen more swiftly than expected, thanks to the legal framework provided by the Supreme Court.

Working with our team, we've identified $260 million in savings on contracts alone. Under President Trump's leadership, we're committed to eliminating fraud, abuse, and streamlining processes. I'm pleased to announce these significant savings and our ongoing efforts to be responsible stewards of taxpayer dollars. We anticipate finding even more savings in the future.

The federal government isn't a company to dismantle like on Shark Tank; it must be run constitutionally, and the current administration is restoring services and jobs that have been disrupted. The government is fat and hasn't been scrutinized for a century. Finally, someone is willing to address the waste. However, cuts aren't deep enough. In private equity, when fixing a bankrupt company, you must cut severely and quickly, even 20% more than initially planned, then rehire to minimize trauma. There's so much waste in the federal government that needs addressing. You can't be surgically precise when auditing the government. You have to cut more because you don't know where all the waste is. We've never audited the government before.