Donald Trump to appoint Elon Musk head of 'efficiency commission'
Donald Trump to appoint Elon Musk head of 'efficiency commission'
Republican presidential candidate Donald Trump said on Thursday (September 5) he would establish a government efficiency commission headed by billionaire supporter Elon Musk if he wins the Nov. 5 election, during a wide-ranging speech in which he laid out his economic vision for the country.
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.
#InternationalNews, #GlobalUpdates, #BreakingNews, #WorldNews, #LiveNews, #CurrentAffairs, #NewsToday, #GlobalEvents, #PoliticalNews, #EconomyNews, #InternationalPolitics, #TrendingNews, #DailyWorldNews, #WorldHeadlines, #NewsChannel, #GlobalReport, #WorldAffairs, #NewsCoverage, #LatestNews, #InternationalReport #WarNews, #ConflictUpdates, #CrisisReport, #InternationalConflict, #GlobalCrisis, #BreakingWarNews, #WarCoverage, #CrisisUpdates, #ConflictZone, #GlobalConflicts, #WarInTheWorld, #InternationalTensions, #MilitaryNews, #WorldCrisis, #WarHeadlines, #CivilWarNews, #ConflictReport, #WarFootage, #OngoingCrisis, #CrisisCoverage #ukrainwar #israelwar #palestine #middleeastcrisis
Republican presidential candidate Donald Trump said on Thursday (September 5) he would establish a government efficiency commission headed by billionaire supporter Elon Musk if he wins the Nov. 5 election, during a wide-ranging speech in which he laid out his economic vision for the country.
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.
#InternationalNews, #GlobalUpdates, #BreakingNews, #WorldNews, #LiveNews, #CurrentAffairs, #NewsToday, #GlobalEvents, #PoliticalNews, #EconomyNews, #InternationalPolitics, #TrendingNews, #DailyWorldNews, #WorldHeadlines, #NewsChannel, #GlobalReport, #WorldAffairs, #NewsCoverage, #LatestNews, #InternationalReport #WarNews, #ConflictUpdates, #CrisisReport, #InternationalConflict, #GlobalCrisis, #BreakingWarNews, #WarCoverage, #CrisisUpdates, #ConflictZone, #GlobalConflicts, #WarInTheWorld, #InternationalTensions, #MilitaryNews, #WorldCrisis, #WarHeadlines, #CivilWarNews, #ConflictReport, #WarFootage, #OngoingCrisis, #CrisisCoverage #ukrainwar #israelwar #palestine #middleeastcrisis
Category
🗞
NewsTranscript
00:00Elon Musk, who has given me his complete and total endorsement, that's nice, smart guy.
00:13He knows what he's doing.
00:14He knows what he's doing.
00:16It's very, very much appreciated.
00:19I will create a government efficiency commission tasked with conducting a complete financial
00:23and performance audit of the entire federal government and making recommendations for
00:29drastic reforms.
00:30We need to do it.
00:32Can't go on the way we are now.
00:40And Elon, because he's not very busy, has agreed to head that task force.
00:46Be interesting.
00:47If he has the time, that'd be a good one to do it, but he's agreed to do it.
00:52In 2022, fraud and improper payments alone cost taxpayers an estimated hundreds of billions
00:58of dollars.
01:00As the first order of business, this commission will develop an action plan to totally eliminate
01:04fraud and improper payments within six months.
01:08This will save trillions of dollars, trillions.
01:13It's massive.
01:14For the same service that you have right now, trillions of dollars is wasted and gone and
01:21nobody knows where it went.
01:25Further taming inflation and bringing prices way down.
01:30We have an economic disaster on our hands.
01:34We have an economy in crisis, a failing nation, a nation in serious decline under the radical
01:42policies of my former opponent, Joe Biden, and my new opponent, Kamala Harris, 1.3 million
01:51workers have become unemployed in the past 12 months.
01:54I don't know if anybody knows that.
01:57The typical American family has lost over $28,000 due to rampant and record-setting
02:03inflation.
02:05Credit card debt has reached the highest in history, with more than one in three Americans
02:10reporting.
02:11They have maxed out their credit cards.
02:14They've maxed out.
02:16Families now need to earn an estimated $110,000 a year to afford a typical home, meaning 65
02:25percent of households are locked out of buying just an ordinary house.
02:31Gasoline prices, grocery prices, electricity prices, mortgage rates, and virtually everything
02:38else are up 30 to 100 percent since I left office.