During his first full cabinet meeting of his second term, President Trump highlighted significant cuts to the Environmental Protection Agency and introduced a plan for 25% tariffs on EU imports. Elon Musk, present at the meeting, outlined ambitions for reducing the deficit by $1 trillion by 2026. They also discussed an executive order focused on enhancing financial accountability in federal contracts, driven by Musk's efficiency team. Furthermore, Trump faced backlash for an AI-generated video portraying a controversial development plan for Gaza, attracting criticism for its implications of ethnic cleansing.
Trump used the first full cabinet meeting of his second term to emphasize his administration's focus on drastically reducing the size of the federal government.
Musk's team stated their goal was to achieve $1tn in deficit reduction by financial year 2026, claiming this would require saving $4bn per day.
The new order calls for a transformation in federal spending by requiring agencies to create a centralized system to record and justify payments.
Trump is facing backlash after sharing an AI-created video that envisions a future for Gaza, criticized as a blueprint for ethnic cleansing.
Collection
[
|
...
]