close video Stuart Varney: DOGE might be the most important element of Trump’s ‘revolution’
‘Varney & Co.’ host Stuart Varney discussed the opportunity Elon Musk and Vivek Ramaswamy have to cut waste and fraud out of the government.
During his "My Take" on Thursday, "Varney & Co." host Stuart Varney discussed how President-elect Trump tapping Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency will make good on a promise many politicians have made, but few have delivered.
STUART VARNEY: How many times have voters been told that a politician will chop waste and fraud out of government?
How many times has waste and fraud actually been cut? You know the story, lots of promises. Very few are kept. Until now.
MUSK AND RAMASWAMY LAY OUT DOGE VISION IN WSJ OP-ED: 5 TAKEAWAYS
Elon Musk and Vivek Ramaswamy have a plan, and it is spelled out in today's Wall Street Journal, "The DOGE Plan to Reform Government."
President-elect Trump tasked Elon Musk, left, and Vivek Ramaswamy, right, to lead the newly formed Department of Government Efficiency. (Getty Images)
This time around, there is a real opportunity to cut the regulations that impose so much cost on all of us.
Their plan rests on two recent Supreme Court rulings.
One says federal agencies can't stick us with rules on policy unless Congress says it’s okay. In other words, bureaucrats can't make the law.
ELON MUSK SHARES MILTON FREIDMAN'S LOATHING OF GOVERNMENT BLOAT
A second decision says federal courts can't be overruled by agency bureaucrats. Again, bureaucrats can't make laws.
Taken together, they open the door to serious red-tape reductions.
The Department of Government Efficiency will make a list of cuttable regulations. It will be given to President Trump. close video DOGE to help dismantle government bureaucracy, slash excess spending and regulation
Sen. James Lankford, R-Okla., discusses the foolish spending by the federal government and how DOGE can make it more efficient on The Bottom Line.
He will use executive action to put a hold on enforcing these rules. Stand down, now. Then they will consider if the offending rules should be abolished.
Simple, straightforward cost-cutting on the basis of the law. The opposition will be intense. Government agencies are unionized.
They are already unhappy being told to get back into the office. The lawyers will swarm, desperately trying to find a way to keep making rules without votes.
RAMASWAMY SAYS SOME FEDERAL AGENCIES WILL BE ‘DELETED OUTRIGHT’ BY DOGE WITH ‘MASS REDUCTIONS’ ON TAP
There will be a few politicians who don't want to see their pet projects canceled, but we're dealing here with something new in politics.
A businessman president with a solid mandate for reform and two highly successful entrepreneurs who know how to get great things done. close video O’Leary shows his support for DOGE: There’s lots of room for efficiency
Kevin O’Leary reacts to Vivek Ramaswamy hinting at plans to crack down on defense spending and cut government jobs.
They write this, "We are doing things differently. We will serve as outside volunteers, not federal officials or employees. We won't just write reports or cut ribbons, we'll cut costs."
The Department of Government Efficiency could well be the most important element in the Trump revolution.
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