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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.

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.

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 federal government isn't a company to dismantle. It requires constitutional adherence, not a Shark Tank takeover approach. The government is fat and hasn't been scrutinized in a century. An individual is willing to do this work for free, but isn't cutting enough. In private equity, when dealing with a broken company, you cut deep and fast, then rehire. He should cut 20% more. It's all fat and waste. You can't be surgically precise, you have to cut more because you don't know. We've never audited government for a hundred years.

The speaker expresses disbelief at being involved but feels compelled to address the growing $2 trillion federal budget deficit. The speaker's "wake up call" was realizing that interest payments on the national debt now exceed the Defense Department budget. The speaker fears that if the debt issue isn't addressed, the U.S. will be servicing debt indefinitely, leaving no funds for other priorities. The speaker states the goal is to prevent American bankruptcy. Despite difficulties managing other businesses, the speaker is focused on making government more efficient and eliminating waste and fraud, reporting good progress so far.

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.

Our payments to NATO are disproportionate and ridiculous compared to others. Solving this issue is crucial because it will allow us to address important causes like homelessness, farmers, and healthcare. Unfortunately, we don't have the funds to support these priorities because our country is financially strained. If we had better business abilities, we could generate surplus profits that could be used to defend and support our homeless, poor, sick, and farmers. Instead, we are giving money to countries that don't care about us.

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.

It's not optional for us to cut federal expenses; it's essential. People voted for major government reform. The president spoke about it at every rally. People are going to get the major government reform they voted for. If the people cannot have their will decided by their elected representatives, then we don't live in a democracy. We live in a bureaucracy.

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.

President Trump's administration is uncovering wasteful spending, like millions on sex changes in Guatemala, girl-centric climate change in Brazil, and social media influencers in Ukraine. Even worse, hundreds of thousands were spent on sending designers to a Paris fashion show. Instead of funding these crazy projects, let's redirect that money to secure our border. Fiscal conservatives are proposing to increase spending, but there's a way to cut it. It's called rescission. The administration can bundle savings and send it to us for a simple majority vote, no Democrats needed. There's a debate about whether our biggest threats are internal or external. I believe they're internal. We don't need unlimited military spending or to be everywhere in the world. If we want more money for the military, take it from overseas spending like climate change initiatives. We're giving billions to dictatorships without elections.

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.

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.

I consider myself a humble tech support, and that’s almost a literal description of the work the Doge team is doing to help fix government computer systems. Many of these systems are extremely old and don't communicate, and the software doesn't work. The overall goal is to help address the enormous deficit. We simply cannot sustain $2,000,000,000,000 deficits. The interest on the national debt now exceeds the Defense Department spending. If this continues, the country will become de facto bankrupt. It's not an optional thing; it is essential. If we don't do this, America will go bankrupt. I'm confident that we can find a trillion dollars in savings.

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.

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.

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.

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.

I've got one question before I leave: how much can we cut from the $6.5 trillion Harris Biden budget? I believe we can save at least $2 trillion.

In private equity, when taking over a bankrupt company, you need to cut deeper than initially planned. Agencies like the FAA are inefficient, not due to the people, but outdated technology. These agencies are like fat chickens dripping with waste. We need to act fast, cutting more aggressively. There is a 24-month window before the midterms to slash and hack away at the fat. Cut everything that doesn't add value. If they can't prove their worth, cut them. More cutting is needed. It's going to work out great if we cut deep and hard.

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.