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We will save over a trillion dollars by withdrawing from the Paris Climate Treaty.

Speaker 0 introduces a campaign to cut government waste, specifying that deficit reduction requires cutting billions from valued programs, but eliminating pointless waste should be easy. Speaker 1 claims there has been a tremendous amount of waste and fraud in the government during the Biden administration, estimating federal government fraud at half a trillion dollars. The goal is to reduce this figure, saving taxpayer money by stopping spending on things that very few taxpayers would agree makes sense, such as transgender animal surgeries. Speaker 1 also questions why twenty million people who are definitely dead are mocked as alive in the Social Security database.

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.

I'm proposing a competition within this committee to address our massive financial problems. I alone have suggested $300 billion in savings. Everyone needs to contribute, and if you're not willing to help stabilize our country's finances, then please step aside. Stop with the lawsuits; we can no longer afford this path. We will fix this with or without your cooperation. You can resist, but I'd rather you actively participate. Thank you.

Crooked Joe Biden has wasted trillions of taxpayer dollars, causing uncontrolled inflation that is hurting working families. To stop inflation and rescue the economy, we must rein in Biden's spending. However, the burden should fall on special interests and Washington bureaucrats, not American families and seniors. The president should have the power to stop unnecessary spending, as Thomas Jefferson and other presidents did. The Impoundment Control Act of 1974 curtailed this power, which is unconstitutional and violates the separation of powers. When I return to the White House, I will challenge this act in court and use impoundment to save money and reduce taxes. We won't touch Medicare or Social Security, and the funds saved can strengthen these programs. Restoring impoundment will also help control spending, balance the budget, and eliminate the deep state and globalists from our government. I alone can make America great again.

If you earn less than $400,000 a year, your federal taxes won't increase. I managed to achieve this without raising taxes on the middle class. Additionally, I successfully reduced the federal budget by $1.7 trillion in just two years.

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.

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.

The speaker introduces a campaign to cut government waste, stating that deficit reduction requires difficult choices, including cuts to valued programs. They claim there has been a tremendous amount of waste and fraud in the government during the Biden administration, estimating federal government fraud at half a trillion dollars. The goal is to reduce this figure, saving taxpayer money by stopping spending on things that very few taxpayers would agree makes sense. Examples cited include transgender animal surgeries and the presence of twenty million dead people in the Social Security database.

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.

Scott and Mike Pence, both Republicans, voted to raise the debt, while Donald Trump added a staggering $8 trillion to our national debt. This is a burden our children will bear. Looking at the 2024 budget, Republicans requested $7.4 billion in earmarks, while Democrats asked for a mere $800 million. It's clear that the Republicans are the big spenders. We need an accountant in the White House to address this issue.

Last night, the Senate voted on a budget, and I introduced an amendment to cut $1.5 trillion, about the amount of waste, fraud, and corruption we've uncovered. Every Democrat voted against it, unsurprisingly, but 29 Republicans joined them, while only 24 Republicans voted for it. Here's a list of the 29 Republicans who betrayed you to continue the fraud, waste, and corruption. If you see your senator on this list, call them and tell them we don't care if the government shuts down or what sacred cows need to be sacrificed to balance the budget. If they're not willing to do the job, they should resign. Marsha Blackburn from Tennessee, your office will be hearing from me soon.

I've issued a deadline for agencies to submit waste reduction plans. Failure to comply will result in tech support intervention, which is essentially what my team is doing – fixing outdated government computer systems. We aim to find a trillion dollars in savings to prevent national bankruptcy. Every agency will have a "mini Elon Musk" to justify spending. We're freezing government credit cards for 30 days and doing a pulse check via email to see if employees are real and responsive, we suspect some are dead or even fictional. Some people are upset with our aid to Ukraine which has been spent on things like fashion shows, wine, and cheese puffs. Providing money to LGBTQ individuals in Serbia is also coming under fire. Some are questioning the loyalty of Elon Musk because of this. The Biden years proved we don't even need an active president, because institutions are running everything behind the scenes.

Joe Biden has wasted a trillion dollars in less than three years, causing inflation that hurts working families. To stop inflation and save the economy, we need to cut spending, but not at the expense of American families and seniors. The president should have the power to refuse unnecessary spending, as Thomas Jefferson did. The Impoundment Control Act of 1974, which curtailed this power, is unconstitutional and needs to be challenged. When I return to the White House, I will fight to overturn this act and use impoundment to save money. This will not affect national defense, Medicare, or Social Security. The funds saved can even be used to strengthen Medicare and Social Security. Impoundment will also help control spending and eliminate the deep state and globalists from our government. It's a pro-growth, pro-American, and pro-freedom policy that only I can accomplish.

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.

The speaker credits the president for enabling Elon Musk's involvement with Doge. They also praise the president for allowing an outside team of experts to analyze government departments and identify potential cuts. According to the speaker, this team found $160 billion in annual administrative cuts. However, these cuts require congressional approval. The speaker acknowledges that some Republicans are not in favor of the necessary austerity measures to enact these cuts.

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.

The speaker credits the president for allowing Elon to bring in a team of young geniuses to analyze departments and cut spending. They reportedly identified $160 billion in potential annual administrative cuts. However, congressional approval is needed to implement these cuts. The speaker acknowledges that some Republicans are not in favor of the level of austerity required to enact these cuts.

Do you support cutting Medicaid, particularly regarding federal investment known as FMAP? I consider it a restroom break. President Trump hasn't instructed me to cut Medicaid; he wants to improve it. So, if President Trump asked you to cut Medicaid, would you do it? It's not my decision to cut Medicaid; that falls to Congress. I will focus on working with them. You seem hesitant to answer. Let’s move on. Do you know how many states will be affected?

Thank you. It’s good to be here. We've been discussing how to pay for my plans. They're logical, but Washington isn't. How will I convince a divided Congress to support them, given their past behavior? It will involve taxes. Economists across the spectrum agree, although Congress isn't made up of economists. I understand the concern, but that's the reality.

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

The speaker credits the president for allowing Elon to bring in a team of young geniuses to analyze departments and cut spending. They reportedly identified $160 billion a year in administrative cuts. However, these cuts require congressional approval. The speaker acknowledges that some Republicans are soft on spending, making it difficult to achieve the desired austerity and cuts.

There are no Doge cuts, and this is not USAID. The speaker is talking about waste and fraud, specifically in Medicaid, and claims no one has been turned over to the DOJ for fraud. Elon Musk gave false hope to a political class that doesn't want to cut anything. The big bill has problems, but it passed because Musk promised a trillion dollars. The rescission next week is $9 billion, with $2 billion from PBS and NPR. There's supposedly $7 billion in fraud on a $7 trillion budget. Musk committed $1 trillion to the President, leading to questions about whether it's all "BS."

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.

Mister President, can you address the funding pause? I don’t think this is the right time for that question. The government is performing well, and we are making significant cuts. Thank you.