Elon Musk and Vivek Ramaswamy, leaders of the new Department of Government Efficiency (DOGE).mp4

In a joint effort with Congress, "massive reductions" are planned at federal agencies, according to Ramaswamy, while Musk proposes cuts of up to $2 trillion. Among the key areas of adjustment are the elimination of subsidies to education, transportation and agriculture, in addition to reducing improper payments and selling unused federal assets.