Musk will represent DOGE on Capitol Hill today to discuss federal government reforms

BlockBeats News: On December 5th, according to the Associated Press, Elon Musk and Vivek Ramaswamy will travel to Capitol Hill today to discuss major reform ideas with House and Senate Republicans to achieve regulatory repeal, administrative cuts, and cost savings. Previously, US President elect Trump announced on November 12th that Musk and Vivek Ramaswamy would jointly lead the Department of Government Efficiency (DOGE) after he takes office as president, paving the way for dismantling government bureaucracies, cutting excess regulatory regulations and wasteful spending, and restructuring federal agencies. All of this is part of Trump's "Save America" agenda during his second term in the White House. Elon Musk and Vivek Ramaswamy wrote in a column for The Wall Street Journal, "DOGE is facing a historic opportunity of structural cuts by the federal government, and we are prepared to respond to the onslaught According to the Congressional Budget Office, the $6 trillion federal budget in the United States frequently experiences deficits, with this year's deficit reaching a historic high of $1.8 trillion. Since the Clinton administration took office more than twenty years ago, this situation has been unbalanced. Republicans generally attribute the deficit to excessive government spending, while Democrats point out that the tax cuts implemented by Republican Presidents Trump and George W. Bush were the main cause.