Billionaires Elon Musk and Vivek Ramaswamy, who are set to co-chair the forthcoming Trump administration’s Department of Government Efficiency commission, commonly referred to as ‘DOGE,’ have committed to reducing federal expenditures by a minimum of $2 trillion. Musk, speaking at a Trump rally last month, indicated that the cuts would focus on agencies such as the Pentagon and the Department of Education, although the basis for this figure remains unspecified.