Yo, let's check out what's happening in the world of politics! 🌎
Doge Cryptocurrency Cuts Costs Further by Scrapping 312 More Agreements, Among Them a Consultant Role at USAID Madagascar (Eliminating role at USAID Madagascar is one of the 312 contracts scrapped by Doge, including an advisory position)
The Department of Government Efficiency (DOGE) has been canceling contracts left and right, saving a whopping $470 million! According to their latest announcement, they terminated 312 contracts worth a whopping $2.8 billion, including a $286k deal for an 'entrepreneurship course at Harvard University', and a $485k contract for a 'senior general development advisor at USAID Madagascar.' 💰
It looks like DOGE is still going strong in its mission to eliminate waste, fraud, and abuse, even though Elon Musk, who used to lead the charge, has stepped down. 💼
Snake in the White House: Musk vs. Trump's Advisor
Things got a bit heated between Musk and President Trump's top aide last week, but things seem to have cooled down. Musk, showing some remorse, even posted a heart emoji in response to a video clip where Trump wished him well. 💓
Elon Musk Warns: America is Heading Towards 'Debt Slavery'!
Elon Musk has been sounding the alarm about the nation's fiscal problems. In a recent post, he warned, "America is in the fast lane to debt slavery." 🚦
Scary stuff, huh? But that's not all; Treasury Secretary Scott Bessent testified at a House Ways & Means Committee hearing on Wednesday, warning about the teetering national debt, which stands at over $36.2 trillion. 💸
That's all the tea for today, folks! Stay tuned for more updates on the DOGE's cost-cutting endeavors and Musk's continued warning about America's fiscal situation. 📣
Sources:
- "Department of Government Efficiency" [https://en.wikipedia.org/wiki/Department_of_Government_Efficiency_(DOGE)]
- "The Trump Administration's New Department of Government Efficiency:" [https://www.brookings.edu/research/the-trump-administrations-new-department-of-government-efficiency-no-one-seems-to-know-what-its-doing-or-how-it-works]
- "Executive Order 14222" [https://www.whitehouse.gov/briefing-room/presidential-actions/executive-order-14222-presidents-department-of-government-efficiency-cost-efficiency-initiative]
- "Trump's 'Department of Government Efficiency' Isn't Cutting It" [https://thehill.com/policy/national-security/529943-trumps-department-of-government-efficiency-isnt-cutting-it]
- "Trump's 'Department of Government Efficiency' is a Break With History and Legal Precedent" [https://www.americanprogress.org/issues/democracy/news/2025/03/03/512198/trumps-department-government-efficiency-break-history-legal-precedent/]
- The recently canceled contracts by the Department of Government Efficiency (DOGE) worth $2.8 billion, which include a $286k entrepreneurship course at Harvard University and a $485k contract for a senior general development advisor at USAID Madagascar, have contributed significantly to the savings in finance for the general-news economy.
- The ongoing warning by Elon Musk about the nation's fiscal problems, including his concern about America's potential slide into 'debt slavery,' is gaining increasing attention in the world of politics and business.
- The teetering national debt, currently standing at over $36.2 trillion, has become a topic of concern in multiple sectors, including finance, economy, and politics, with Treasury Secretary Scott Bessent testifying about it at a House Ways & Means Committee hearing.
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