Kevin O'Leary, on a CNN interview, criticized the federal government, claiming it hasn't undergone proper scrutiny or efficiency evaluations for 100 years. He praised Elon Musk's cost-cutting approach as head of the Department of Government Efficiency, suggesting that drastic measures are necessary due to a lack of audits. However, experts have pointed out that the federal government has conducted audits for decades and that O'Leary's claims are misleading, as previous efforts also considered bipartisan approval and oversight through inspector general offices.
"One hundred years of never being scrutinized, never been examined, never looking for any efficiencies. Finally, here's an individual who's willing to do it for free with extremely great executional skills."
"You have to cut more because you just don't know. There's no way to do it. Remember, we've never audited government for 100 years."
"It is absurd to say that auditing has never happened," said Robin J. Kempf, emphasizing the existence of government audits and oversight.
"The federal government has conducted audits for decades... much of that followed congressional bipartisan approval."
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