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I made a commitment to the American people to cut wasteful spending in Washington. We don't have to wait for Congress to act. Leaders in both parties have worked on cutting waste and making government more efficient. Since we haven't seen as much action out of Congress as we'd like, we're launching our own efforts to address this issue.

President Trump promised to shut down the retirement cave, a promise highlighted with Elon Musk in the Oval Office, exposing the federal retirement system's antiquated processes. The media's silence revealed their ignorance of this issue. We're shining a light on government corruption, waste, fraud, and abuse, delivering on what 77 million Americans voted for. We are directing departments to cancel contracts not aligned with the "America First" agenda, scrutinizing every line to ensure they advance American interests. The majority of these contracts are a waste of taxpayer money. We are treating the government like a business, unlike past unnamed bureaucrats who freely wrote checks. The receipts are there, like the $2.5 million for cow flatulence reduction. We are discovering and exposing the misuse of American taxpayer funds. We have nothing to hide and will continue to reveal these issues at every briefing.

We've stopped the $8,000,000 in taxpayer subsidies for Politico subscriptions. The team is working to cancel the payments immediately. Large organizations inevitably miss things. Claims of widespread waste and abuse haven't been substantiated with evidence. We haven't seen proof of the alleged misuse of funds.

In 2015, we announced initiatives that have led to significant savings. Recently, we clarified that Social Security, Medicare, and Medicaid remain unaffected by our actions. We are targeting waste and fraud within the bureaucracy. Notably, we halted $50 million intended for Gaza, which was misused by Hamas. We also canceled $181 million in DEI training contracts and paused $170 million in unauthorized payments to foreign organizations, including over $40 million meant for the World Health Organization. Additionally, we blocked $45 million allocated for diversity scholarships in Burma.

We've discovered $2.7 trillion in improper payments to Medicare, Medicaid, and overseas recipients who shouldn't have received them. This is just one example of the fraud, waste, and abuse we're identifying daily. Elon Musk highlighted Social Security payments being made to deceased individuals, which is clearly fraudulent. We're also finding contracts where, for instance, a million dollars was allocated, but only $500,000 was actually spent. Where did the remaining funds go? These are the issues we're addressing daily. This is exactly what President Trump promised to do during his campaign, and we are delivering on that promise.

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.

We plan to address the massive amount of fraud in this country, including foreign fraud rings where foreign nationals use fake social security numbers and identities to steal billions in taxpayer benefits. Until we gain full access, we can't know the exact amount, but clamping down on this fraud in our tax and entitlement systems could save over a trillion dollars over a ten-year budget window. It's important to understand that we are subordinate staffers of the federal government, political appointees who serve and answer to the president. We're not an outside entity, but existing federal staff performing our statutory and constitutional duty.

I made a commitment to the American people to do a better job rooting out wasteful spending in Washington. We don't need to wait for Congress to take action. Cutting waste and making government more efficient is something leaders in both parties have worked on. We haven't seen as much action out of Congress as we'd like, and that's why we launched our own initiative.

The speaker states a commitment to root out wasteful spending in government, emphasizing its importance due to inherited deficits. Despite bipartisan support for cutting waste, the administration launched its own initiative to improve government efficiency. The initiative includes eliminating unneeded government buildings to save billions. Examples of savings include $2 million annually on cellphone bills at the Department of Commerce and tens of millions at Homeland Security through procurement changes. The Vice President is tasked with identifying systemic improvements in travel, transportation, and IT services. An executive order directs agencies to cut spending in these areas by 20%, leveraging technology for better results at lower costs, potentially saving billions over several years. The speaker thanks officials for their dedication to the project.

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

The speaker emphasizes a commitment to rooting out wasteful spending in government, highlighting its importance due to inherited deficits. While Congressional action is preferred, the administration is independently pursuing waste reduction. An initiative identified thousands of unused government buildings for disposal, potentially saving billions. Federal employees contributed nearly 20,000 suggestions for efficiency. Examples include saving millions on cellphone bills and improving procurement processes. The Vice President is working with agency secretaries to improve travel, transportation, and IT services. An executive order mandates a 20% spending reduction in these areas, with cabinet members reporting progress. These steps aim to save taxpayers billions and deliver more efficient government, even without Congressional action.

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.

The speaker states a commitment to root out wasteful spending in government, given that families have had to cut back. This is important due to inherited deficits that have grown due to the recession. While cutting some worthy programs, the administration is launching its own initiative to cut waste and improve government, citing a lack of Congressional action. Thousands of unneeded government buildings are being eliminated, saving billions. Roger Rhodes at the Department of Commerce found a way to save almost $2,000,000 a year on cellphone bills. Celeste Steele at Homeland Security is saving tens of millions by changing how the department buys goods and services. The Vice President is working with agency secretaries to improve travel, transportation, and IT services, potentially saving billions. An executive order will direct agencies to slash spending in these areas by 20%, saving taxpayers billions over the next several years. The speaker is signing the bill and thanks officials for taking the project seriously.

This report outlines how to cut waste, streamline bureaucracy, change procurement and personnel rules, and create a more efficient and cost-effective government. Where the report recommends action, I will act. This includes eliminating 12% of the federal workforce, merging agencies like the FBI, DEA, and Bureau of Alcohol, Tobacco, and Firearms, and closing hundreds of government offices outside of Washington. From day one, I committed to rooting out wasteful spending. We must systematically eliminate waste, even if it means cutting worthy programs we can't currently afford. While much action requires congressional approval, we don't need to wait. We've launched our campaign to cut waste independently because Congress hasn't acted enough. We will continue finding ways to cut waste, regardless of congressional action.

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.

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.

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

We've cut $4,000,000 in DEI contracts here at HUD. These contracts were intended for culture transformation, outward mindset thinking, and subscription services. This money should be used to serve the American people and ensure that our time is well spent serving those we are called to serve. DEI at HUD is dead.

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.

We're uncovering massive fraud, waste, and abuse daily. Recently, it was discovered that there were $2.7 trillion in improper payments to Medicare, Medicaid, and overseas. Social Security payments are even going to deceased individuals. We're also seeing contracts where the full amount wasn't delivered. For example, a million-dollar contract might only see $500,000 distributed, and we're working to find where the rest of the money went. This is exactly what I campaigned on, and what 77 million people elected me to do.

In under a month, the Department of Government Efficiency has already saved over $55 billion, and this is only the beginning. We're targeting trillions of dollars in waste, which will lead to significantly lower inflation and interest rates. This will also bring down payments on mortgages, credit cards, and car loans, while boosting the stock market. I believe the stock market is going to perform exceptionally well. Our strategy involves rapidly growing the economy by dramatically reducing the size of the federal government, a necessary step for our nation's prosperity.