The effort led by Elon Musk and Vivek Ramaswamy to curtail spending in Congress highlights both potential influence and the significant constraints in reforming government spending.
Despite pushing for a more efficient government, the recent funding bill illustrates the difficulty lawmakers face in meaningfully addressing a ballooning national debt exceeding $36 trillion.
As Donald Trump approaches the presidency again, budget analysts express skepticism about his plans to alter fiscal policy, given his promised protection of entitlement programs.
The anticipated expansion of the tax cuts initiated in 2017 presents a conundrum for the government, possibly costing $4 trillion over the next decade while discussions of cuts continue.
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