Overview

• Elon Musk, speaking at a Trump rally, claimed he could cut $2 trillion from the federal budget, a move that represents nearly a third of current spending.
• Musk's proposed cuts would focus on reducing wasteful government spending, potentially sparing programs like Social Security and Medicare.
• The idea includes creating a 'Department of Government Efficiency' to conduct a comprehensive audit of federal spending, with Musk as a potential leader.
• Critics highlight potential conflicts of interest, given Musk's companies, Tesla and SpaceX, benefit from significant federal contracts.
• Musk's involvement in Trump's campaign includes substantial financial contributions and public endorsements, positioning him as a key ally.