Elon Musk opening statement — ‘If we don’t fix the deficit, America goes bankrupt. It’s that simple.’ This is our last chance to fix the national debt.

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Elon Musk isn’t mincing words. “If we don’t fix the deficit, America goes bankrupt. It’s that simple.” A blunt warning from a man who understands numbers better than most in Washington. And he’s not wrong. The national debt has bulldozed past $36 trillion, with interest payments now outpacing defense spending. The government isn’t just broke—it’s bleeding out.

Trump, never one to sugarcoat reality, put it even more bluntly: “Bloated, fat, and disgusting.” That’s his verdict on the current state of America’s finances. He’s not wrong either. Decades of reckless spending have turned the U.S. government into an overfed beast, gorging on taxpayer dollars while delivering little in return. Now, Trump has handed Musk the scalpel to perform emergency surgery.

Enter DOGE—the Department of Government Efficiency—Musk’s new assignment. His mission? Gut the waste, slash the fat, and find a way to save a trillion dollars. A tall order in a city where bureaucrats treat tax dollars like Monopoly money. But Musk isn’t one for half-measures. If Washington won’t change on its own, he’ll drag it kicking and screaming into financial sanity.

DOGE’s strategy is straightforward: mass layoffs, contract renegotiations, and deep program cuts. Federal agencies are already feeling the heat, with thousands of probationary employees getting pink slips. Wasteful programs? On the chopping block. Even USAID’s Ebola prevention program was axed—only to be reinstated after someone realized, perhaps, that stopping deadly viruses might actually be important. A reminder that slashing budgets requires a scalpel, not a sledgehammer.

Then there’s the contracts. Washington is infamous for signing bloated, overpriced deals with private contractors, paying double, sometimes triple, for services that could cost far less. Musk wants to change that. If the private sector can build rockets cheaper than NASA, why can’t the government negotiate a better deal on paperclips?

Sources:

https://www.foxbusiness.com/politics/elon-musk-takes-aim-national-debt-warns-de-facto-bankruptcy-doge-2-trillion-deficits

https://time.com/7222251/doge-musk-federal-workers-government/

https://www.cubaheadlines.com/articles/297504