Part 8/15:
Musk criticizes federal spending, accusing the government of "spending America into bankruptcy." He describes this as a "pernicious tax" that fuels inflation. He calls for reducing government expenditure and eliminating wasteful agencies, supporting a more efficient, accountable government that prioritizes the needs of American citizens.
He highlights that the federal government has created an excessive number of agencies—over 400—and argues this overregulation hampers innovation, productivity, and the country’s ability to compete globally.