Trump and Musk Plan Major Federal Workforce Cuts
President-elect Trump assigns Musk and Ramaswamy to propose significant reductions in federal spending and workforce.
- The U.S. federal civilian workforce employs approximately 2.3 million people, making it the country's largest employer.
- Elon Musk aims to reduce federal spending by 30%, while Vivek Ramaswamy suggests cutting half of the federal workforce.
- Federal workers are primarily older and more educated, with 42.5% over the age of 50 and 54% holding a bachelor's degree or higher.
- The government spent $271 billion on salaries and benefits for federal workers in the 2022 fiscal year, accounting for 4.3% of total spending.
- National security-related agencies, including the Department of Veterans Affairs and Homeland Security, employ roughly 70% of the federal workforce.