Howard Lutnick, the secretary of commerce, revealed Elon Musk and him reached a deal to reduce$ 1 trillion from federal paying through the Department of Government Performance.
Since Musk’s charity work with DOGE, which is handled by the White House Office of Management and Budget, almost a month has passed. Expand is examining the Education, Homeland Security, and Treasury agencies and, most recently, NASA. The group hopes to complete its job by July 4, 2026.
” When I set up DOGE with Elon, back in October, I flew down to Texas, got Elon Musk to do it, and here was our agreement, that Elon was going to cut$ 1 trillion of waste, fraud, and abuse”, Lutnick said on Fox News’s Jesse Watters Primetime. ” So he’s going to cut 1 trillion, and then we get rid of all these tax scams that hammer against America, and we are going to raise$ 1 trillion of revenue. And our purpose under Donald Trump is to stabilize this budget, and I’m telling you, you watch, we are going to do it”.
Lutnick went on to aspect his strategy to use America’s” consumer-based market” in the country’s unique favour with levies against international products to encourage Americans to buy American.
” The Chinese can’t survive without selling us stuff”, Lutnick explained. ” We’ve got the power. We have to use taxes”.
Legal issues have obstructed DOGE’s work. One U.S. district judge ruled against the office accessing the U.S. Treasury despite a lawsuit that was dismissed to stop Expand from getting out of the information from the Labor Department and another try from 13 Democratic attorney generals getting it dismissed.
Cat CAMMACK GUESSES THAT DOGEWON’T CONCEDE” THE GOOD IN ROOTING OUT WASTE” BY DOGE.
By supporting” DOGE dividends,” President Trump tries to persuade Americans to support the government’s efforts to get taxpayers ‘ money back from the federal budget.
Lutnick is Trump’s most new Cabinet nomination. Four posts remain as of Thursday, which marks a fortnight since Trump took office.
