Part 6/10:
To tackle these fiscal challenges, Trump has proposed an unconventional initiative that some are heralding as the "Manhattan Project" of the government: the Department of Government Efficiency (DOGE). Headed by Musk and former presidential candidate Vivek Ramaswamy, this body aims to eradicate wasteful spending, streamline government operations, and severely reduce regulations.
The premise of DOGE is to cut a whopping $2 trillion in expenditures. However, critics are skeptical about whether such a feat is realistic or feasible, given historical precedents. Despite Trump's penchant for fiscal expansion, the task at hand is monumental, requiring cuts of up to $800 billion annually just to stabilize federal debt growth — and exponentially larger cuts to achieve a balanced budget.