Summary
At the first meeting of the DOGE Caucus, a new congressional group focused on government efficiency, Republican Rep. Greg Lopez stated that cuts to Social Security and Medicare are likely “on the table” as part of debt reduction efforts.
The caucus, led by Elon Musk and Vivek Ramaswamy, aims to slash government spending, raising concerns among advocacy groups about potential attacks on anti-poverty programs.
Critics, including Social Security Works, warn the caucus may push for privatization and benefit reductions.
This comes despite Trump’s prior commitment to protect these programs.
Wouldnt the company be more profitable without his interference and huge salary/bonus?
Nah, he’s basically projecting that he’s in a position to remove any agency blocking anything he wants to do with his company. We’ll see if Congress actually lets him do it
Tesla valuation at this point isn’t vaguely related to how good or bad their actual business is, at this point it’s people buying into “co president Elon”.
Yes if you consider tesla a company. No if you consider it as a way to buy influence via President Musk. (am slightly being sarcastic)