Similar Stories to Musk’s Plan To Cut $2 Trillion Would Bring Turmoil on Bing News

“Elon Musk appeared to acknowledge Tuesday that his pledge to help former president Donald Trump slash federal spending could unleash severe, short-term economic turmoil, underscoring the fiscal stakes as voters weigh whether to send the Republican back to the White House,” the Washington Post reports. “Musk first outlined his highly aggressive target at a raucous campaign rally in New York last weekend, promising to identify “at least $2 trillion in cuts” as part of a formal review of federal agencies that he would conduct if Trump wins next week’s election.” “But the audacious pledge, which drew rapt applause, belied a harsh fiscal reality: Slashing the budget that steeply would require decimating an array of government services, including food, health care and housing aid — and it could erode funding for programs that lawmakers in both parties say they want to protect, from defense to Social Security.”

Topics:  elon musk   donald trump   republican   white house    washington post   new york    but   social   security    musk   trump   cut   trillion   turmoil   federal   fiscal   pledge   
BING NEWS:
  • Musk Outlines $2 Trillion Federal Budget Reduction Plan
    Elon Musk announced plans to cut $2 trillion from federal spending through a proposed Department of Government Efficiency while speaking at a Trump rally.
    10/29/2024 - 12:13 am | View Link
  • Philadelphia DA sues Elon Musk's America PAC over its $1 million giveaway
    The district attorney of Philadelphia filed a lawsuit Monday to halt Elon Musk 's $1 million giveaways as part of his political organization's effort boosting Donald Trump 's presidential campaign. The suit by Democratic District Attorney Larry Krasner is the first legal action to be brought over the America PAC's sweepstakes offering $1 million
    10/28/2024 - 9:59 am | View Link
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