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Cryptocurrency News Articles
Elon Musk’s New Plan: Public Can Now Expose Wasteful Spending and Misplaced Cuts
Nov 14, 2024 at 11:30 am
Tesla CEO Elon Musk shared his vision for full transparency within the newly created Department of Government Efficiency (DOGE) on his social media platform X on Tuesday
Tesla CEO Elon Musk announced a new initiative through his social media platform X, inviting the public to participate in exposing wasteful government spending and suggesting misaligned spending cuts. The initiative, undertaken by the Department of Government Efficiency (DOGE), aims to achieve maximum transparency in government operations.
Musk announced the initiative on Tuesday, emphasizing the importance of public feedback in the spending decisions. He encouraged people to engage with DOGE by providing input on spending cuts.
"All actions of the Department of Government Efficiency will be posted online for maximum transparency," Musk wrote in a statement.
"Anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know!" he added.
Musk further unveiled a plan to create a "leaderboard" showcasing the most "insanely dumb" spending of tax dollars, describing it as both "extremely tragic and extremely entertaining."
The initiative comes as Musk joins forces with entrepreneur Vivek Ramaswamy to lead DOGE, following their appointment by President-elect Donald Trump. Their mission is to reduce federal bureaucracy and eliminate wasteful spending, aiming to cut at least $2 trillion from the government's $6.75 trillion annual budget.
At a recent rally at Madison Square Garden, Musk highlighted the impact of government spending on taxpayers, whether directly through taxes or indirectly through inflation. "We're going to get the government off your back and out of your pocketbook," he told the crowd.
President-elect Trump positioned DOGE as a key element of his "Save America" initiative, aiming to transform government operations. He expressed confidence in Musk and Ramaswamy's strategy, which includes a comprehensive audit of federal operations to remove waste and boost efficiency.
"America's not just going to be great. America is going to reach heights that it has never seen before. The future is going to be amazing," Musk said optimistically, looking ahead at the possibilities.
Throughout his career, the Tesla CEO has voiced concerns about unchecked government spending and inflation, warning that excessive spending could burden Americans with indirect taxes through inflation. He has also cautioned that rising national debt may put the U.S. economy at risk, emphasizing the need for urgent fiscal reform to prevent long-term instability.
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- Bitcoin's Unwavering Growth: A Transformative Force Reshaping Global Economies and Lifestyles
- Nov 15, 2024 at 04:20 am
- Bitcoin's dramatic price swings continue to capture the attention of investors worldwide. Known as the original cryptocurrency, Bitcoin holds its position as the most popular digital asset
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- MAGA (TRUMP) Meme Coin Dives 35% in a Week Despite Trump's 2024 US Presidential Election Victory
- Nov 15, 2024 at 04:20 am
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- title: Maximize Your Earning Potential on MemeFi with Our Up-to-Date List of MemeFi Daily Combos and Video Codes for November 14
- Nov 15, 2024 at 04:15 am
- MemeFi Daily ComboThe MemeFi daily combo for November 14 is 1-3-3-2-4:Head - one hitBelly - one hitBelly - one hit Neck - one hitLeg - one hitIn MemeFi Coin, players can gain a large reward if they correctly perform the daily combo. When battling an enemy, the screen is divided into 4 zones, representing the enemy's head, neck, belly and legs. Performing the right sequence of taps will give the player a big stash of coins.If you enjoy Telegram games, we're sure you will love CoinGram, the official mini app from CoinCodex! By earning coins in the app, you will become eligible for monthly giveaways with real rewards. The more coins you get, the better chances you will have at winning a prize.Play CoinGram NowMemeFi Video CodesAnother way to earn big rewards in MemeFi Coin is to enter secret codes that are found in videos. Video codes will be updated as soon as possible!Here are the MemeFi video codes for November 14, 2024:Telegram Mobile Play to Earn crypto Games Code : 42666Turn Your Football Knowledge into Profits: The Sorare Experience | Part 5 of 5 | MemeFi Code: 72941Arbitrage and DCA: The Safest Crypto Trading Tactics Explained | Part 4 of 7 | MemeFi Code: 99944The SECRET FORMULA That Launches Billion-Dollar Companies | MemeGirls Code: 42437How To Start Your Small Business Code: 42111Turn News into Profits Code: 53320Go to Secret Task Code: AirdropFake Wallet Scam Code: 23790Crypto Drama Unfolds! Code: 46467How To Start Your Own Business From Zero | MemeGirls Code: 41211How I Made The Most Expensive. Code: 11586Don't Lose Your Crypto: 9 Simple Steps to Lock Down Your Wallet | Part 5 of 5 | MemeFi Code: 32397The Truth About Rug Pulls and Fake ICOs : Crypto Biggest Scam | Part 2 of 5 Code: 98236Don't Lose Your Crypto: 9 Simple Steps to Lock Down Your Wallet | Part 5 of 5 Code: 32397How Hackers Stole $450 Million Code: 23525How to Make Money on Text Code: 05432Earn With DAPPS: How To Get Started Code: 65673Pump and Dump Schemes Code: 20234How to Make Money Online Code: 52811Make the Most of a Bull Market Code: 35688How to Make $10,000 Per Month Code: 23700Bull Market Dangers Code: 63956Bitcoin's Greatest Bull Markets: The Biggest Price Surges in History | Part 3 of 6 | MemeFi Code: 57823Before You Invest in Crypto, Watch Out for These Deadly Scams | Part 1 of 5 | MemeFi Code: 34669Crypto Gold Rush 2024? Signs of the Next Bull Market Are Here! | Part 4 of 6 | MemeFi Code: 48675How to Make $10,000| Memegirls Code: 45688Passive income in Crypto Code: 95146Why You Keep Losing Money in Crypto - Fix It NOW! | Part 1 of 7 Code: 115295 Steps to Start Your First Business Code: 98213Gaming for Cash: How dApps Turn Your Skills into Crypto | Part 3 of 5 Code: 31954Best Secrets of Successful Entrepreneurs Code: 99335The Best Beginner Trading Strategies Explained – Don't Miss Out! | Part 2 of 7 Code: 85554The MOST Profitable Tap-to-Earn Games in Telegram App in 2025 Code: 42622How to Start a Business from Nothing | MemeGirls Code: 41323How to Automate Crypto Profits: Yearn Finance vs. Alchemix | Part 4 of 5 | MemeFi Code: 14287Own Property Digitally Code: 75612How to Earn $5,000 per month with Telegram Code: 42681Can
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- Nov 15, 2024 at 04:10 am
- Signs of a waning Trump-led rally emerged Thursday as investors assessed the economic outlook and awaited potential signals on the interest-rate path from the upcoming Fed Chair Jerome Powell‘s speech in Dallas at 3 p.m. ET.
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- BIT Mining Invests in Prosper, a Decentralized Protocol Connecting Institutional-Grade Bitcoin Mining Power On-Chain
- Nov 15, 2024 at 04:10 am
- Prosper, a decentralized protocol that connects institutional-grade Bitcoin mining power on-chain is set to unleash Bitcoin's full potential through liquidity farming.