Donald Trump to announce ‘complete audit of the federal government’ with sweeping plans inspired by Elon Musk_l
Donald Trump is outlining his economic platform during a speech in New York City on Thursday.
The former president’s policies will include billionaire Elon Musk‘s recommendation to create a government efficiency commission to conduct ‘a complete financial and performance audit of the entire federal government.’
The remarks are meant to more specifically detail Trump’s plans for the future of the economy as the issue is often cited by voters as their No. 1 issue this election cycle.
And Trump holds an advantage over Vice President Kamala Harris among voters who think he would better handle the economy and inflation crisis.
Donald Trump is slated to go into more detail about his economic plan during remarks at the Economic Club of New York on Thursday afternoon
Trump’s policies are expected to introduce even more aggressive slashing of regulations than he implemented during his first White House term and would likely dramatically rescind unspent funds that President Joe Biden’s administration appropriated.
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The address comes just five days before Tuesday’s debate with Harris in Philadelphia.
‘I can’t wait. There is a lot of waste and needless regulation in government that needs to go,’ Musk tweeted this week amid speculation of his role influencing Trump’s economic policies.
Musk suggested that the commission tackle the issue of inflation by addressing government spending.
And the X, Tesla and SpaceX CEO wants this group to ‘recommend drastic reform’ after an entire government audit.
Trump and Musk have grown close as the billionaire’s political views have skewed more conservative in recent years.
During a recent conversation on X
The plans include a proposal by billionaire Elon Musk to create a government efficiency commission to conduct ‘a complete financial and performance audit of the entire federal government’ and ‘recommend drastic reform’ as a way to address the inflation crisis
In his Thursday afternoon appearance before the Economic Club of New York, Trump is expected to reiterate calls to declare a national emergency and remove ‘every bureaucratic hurdle to issue rapid approvals for new drilling, new pipelines, new refineries, and new power plants and reactors.’
He says drilling and tapping into more domestic energy would drive down transportation and oil costs by half and help reduce overall costs of essential goods like food and gas.
In 2016, Trump vowed elimination of two regulations for every new one. He plans to call for even more cuts this time around to help lower housing costs and open up portions of federal land for housing construction.
