🎉 #Gate xStocks Trading Share# Posting Event Is Ongoing!
📝 Share your trading experience on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 End at: July 9, 16:00 UTC
Show off your trading on Gate Squ
Did Musk postpone before taking office? The government efficiency department has lowered its target to one trillion magnesium and is actively recruiting.
Less than two weeks before Trump's inauguration ceremony, billionaire Musk (Elon Musk) has abandoned his campaign promise and expressed doubt about the budget reduction target of the Department of Government Efficiency (DOGE), offering a 50% discount and stating that one trillion dollars would be more likely.
2 trillion budget reduction in danger of being postponed? Musk: 1 trillion has a chance
Musk once said during the campaign that he was confident he could cut at least 2 trillion from the country's $6.5 trillion budget. But less than two weeks before Trump's inauguration and the start of his second term, Musk lowered his expectations. The world's richest man and former Republican presidential candidate Vivek Ramaswamy, appointed by Trump to lead the Government Efficiency Department (DOGE) in the plan, aims to reduce federal spending.
"I think we will try to reach 2 trillion dollars, I think this is the best result," Musk told political strategist and Stagwell Inc. chairman Mark Penn in an interview broadcast on X channel, adding that he thinks there is a "good chance" of achieving a trillion dollar reduction.
According to Bloomberg, the U.S. government spent a total of 6.75 trillion U.S. dollars in the 2024 fiscal year, with over 5.3 trillion U.S. dollars coming from social security, healthcare, defense, veteran benefits, and debt interest.
However, Musk is not the only person who has recently reneged on campaign promises. Trump himself told reporters on Tuesday that although he expected to be able to achieve peace between Ukraine and Russia on his first day in office, the plan may actually take six months.
The Government Efficiency Department is recruiting paid talents, working 80 hours per week.
Before cutting costs, the Government Efficiency Department (DOGE) is recruiting a small number of full-time paid talents, including software engineers, information security engineers, financial professionals, etc. It is stated that they need small government revolutionaries with ultra-high intelligence who are willing to work more than 80 hours a week to cut boring costs. Musk and Vivek will review the top 1% of applicants.
Has Musk skipped office before taking office? The efficiency department of the government has lowered its target to one trillion magnesium, and is actively recruiting.