Elon Musk and Vivek Ramaswamy have big plans for the Department of Government Efficiency. The two have promised to significantly reduce the federal budget, with a goal of cutting $2 trillion in spending. In the fiscal year 2024, federal spending reached $6.75 trillion, with nine-tenths going to federal programs. President-elect Donald Trump has long sworn not to touch Social Security or Medicare benefits, which comprise a significant chunk of the budget. Head to the link in our bio for a running list of things Musk and Ramaswamy have said they'll do as they gear up to take on this new role. Story by Alice Tecotzky (Credit: Getty Images; iStock; Natalie Ammari/BI) #Doge #elonmusk #federalbudget