Tuesday, 11 March 2025

[WATCH] Donald Trump: “I Will Create A Government Efficiency Commission” – Credits Elon Musk

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Donald Trump announced Thursday that he would create a “government efficiency commission.”

Trump credited Elon Musk for suggesting the idea.

“I will create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government,” Trump said.

Trump said Musk “has agreed to head that task force.”

WATCH:

 

Per Reuters:

The former president has been discussing the idea of a government efficiency commission with aides for weeks, people with knowledge of those conversations have told Reuters. His speech to the New York Economic Club on Thursday, however, was the first time he had publicly endorsed the idea.

It was also the first time Trump said that Musk has agreed to head the body. He did not detail precisely how such a commission would operate, besides saying it would develop a plan to eliminate “fraud and improper payments” within six months of being formed.

“This commission will develop an action plan to totally eliminate fraud and improper payments within six months,” Trump said, according to CNBC.

“The commission aims to conduct a comprehensive audit of federal finances and operations, targeting fraud and unnecessary spending. Trump also intends to roll back regulations and rescind unspent funds from the Biden administration,” Mario Nawfal noted.

“When Elon started the conversation with the president, I think the president was very excited that somebody like Elon Musk is so dedicated to America’s future that he would be willing to be a part of something to help the government work more efficiently,” Trump campaign advisor Brian Hughes said, according to CNBC.

Musk previously expressed interest in the role.

“I can’t wait. There is a lot of waste and needless regulation in government that needs to go,” he commented.

“I am willing to serve,” he said.

“I look forward to serving America if the opportunity arises. No pay, no title, no recognition is needed,” Musk said Thursday.

CNBC reports:

During the Thursday speech, Trump doubled down on potentially expensive proposals such as lowering the corporate tax rate to 15% from its current 21% level, deepening his first-term tax cut, which reduced the rate from 35%. He also reinforced his commitment to eliminating taxes on tips and Social Security benefits.

A recent study by the Penn Wharton Budget Model estimated that Trump’s proposals could spike federal deficits by almost five times more than those that Harris has so far unveiled. It is an open question whether the savings from the Musk-inspired government efficiency commission would be canceled out by those fiscal deficit increases.


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