Elon Musk has warned that the United States will go “bankrupt” without drastic budget cuts, as he leads the charge to slash federal spending under President Donald Trump‘s administration.
Speaking at the White House on Tuesday alongside Trump, the tech billionaire emphasised that reducing government expenses is not just an option but a necessity.
“It’s not optional,” Musk told reporters. “It’s essential.”
Musk, who has been tasked with overseeing cost-cutting efforts through the newly established Department of Government Efficiency (DOGE), criticised federal bureaucracy, calling it an “unelected, unconstitutional branch of government” that holds more power than elected representatives. His remarks came as Trump signed an executive order…
