President-elect Donald Trump has said his first act after he's sworn in on January 20 will be to appoint a task force to organize a Great American State Fair in Iowa to showcase the might of America on the nation's 250th anniversary in 2026. He has other big ideas to celebrate this anniversary.
He has put Elon Musk and Vivek Ramaswamy in charge of a new Department Of Government Efficiency tasked with dismantling bureaucracy, eliminating regulations, and cutting wasteful spending. In his Nov. 12, 2024, announcement about Musk and Ramaswamy's new role, Trump stated. "We will drive out the massive waste and fraud which exists throughout our annual $6.5 trillion government spending. They will work together to liberate our economy and make the U.S. government accountable to 'We The People.' Their work will conclude no later than July 4, 2026. A smaller government, with more efficiency and less bureaucracy, will be the perfect gift to America on the 250th anniversary of the Declaration of Independence. I am confident they will succeed."
Trump compared this new department, which only has power to issue recommendations to the federal government, to the Manhattan Project, implying that its success will be as important to America's survival as the World War II research program that produced the world's first atomic weapons. This is an apt analogy. The Congressional Budget Office projects that at current spending levels, America will be spending 20 per cent of tax revenue on the national debt within a decade - a financial and economic detonation. - Andrew Miller
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