DOGE: The Plan to Downsize the Government

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The Wall Street Journal

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🗓️ 4 December 2024

⏱️ 16 minutes

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Summary

President-elect Donald Trump has proposed radically downsizing the federal government, and two of his allies are going to be in charge: Elon Musk and Vivek Ramaswamy. WSJ’s John McCormick walks us through the plans for DOGE, or the Department of Government Efficiency. Further Reading: - Musk, Ramaswamy Want Federal Workers in the Office Full Time. There’s a Hitch. - Vivek Ramaswamy’s Marching Orders: Cut Trillions for Trump Further Listening: - Uncovering Elon Musk's Secret Political Donations - The Scramble Is on to Fill Trump’s Cabinet Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	There's a word that's been kicking around the internet for years.
0:09.8	You're doge. What are you talking about?
0:13.4	Doge. D-O-G-E.
0:16.7	It's a term that started to go viral in 2013, and it's often paired with a picture of a cute dog, a Shiba Inu with golden fur and beady black eyes.
0:29.1	Then, as a joke, Doge became a cryptocurrency, Dogecoin.
0:35.8	Take a look at Dogecoin. It is up more than 900 percent.
0:40.3	The cryptocurrency that started off as a joke is no longer a laughing matter.
0:45.3	Now, Doge has gone beyond the realm of memes and cryptocurrencies and into the government.
0:53.3	It's the name of a new project
0:55.6	created by President-elect Donald Trump,
0:58.4	and it stands for the Department of Government Efficiency.
1:05.4	Trump plans to use this new doge
1:08.1	to slash regulations, reduce federal spending, and cut federal jobs.
1:14.8	And Trump says he wants to achieve all of this
1:18.3	in less than two years.
1:20.9	They really want to gut the government.
1:23.6	That's our colleague John McCormick.
1:26.0	What they're proposing here is so audacious
1:28.1	that even if they manage to get 10% of it done,
1:32.1	it would be a huge change to the size of the federal government
1:35.2	and sort of the role of the federal government.
1:38.6	If they're able to pull this off,
	...

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