Elon Musk makes big prediction about DOGE's budget-cutting goal

[@WilliamA.Vanpelt]

It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself.

[@user-pn9pt4ug2w]

It is good to seek expert guidance before venturing into trading to avoid losses

[@RichardL.Carter]

Trading success always depends on applying the right trade signals to your trade

[@ChristopherMuir-h4f]

Trading without any guide is so risky, you need to get a good mentor to guide your trades.

[@user-pe4pu7cz9h]

I'm new to investing and would like some expert advice on the best strategies and resources for beginners.

[@KennethMJosey]

Evan Dannis stands out from other brokers because he is practical, unlike those who set unattainable goals and fail.

[@blissds-gi3mb]

Okay, so I've saved up $67k in an emergency fund (finally!) and now I'm ready to start investing. But with predictions like this from Musk about Dogecoin, I need a headstart. Anyone else jumping in or should I just watch from the sidelines for a bit longer? 🤔

[@NancyFranciss]

Yo, I get the hype, but I'd hold off on jumping straight into Dogecoin. I did that once and regretted it. A good financial advisor really helped me organize my investments. They’re a game-changer, trust me. Don’t sleep on that.

[@VeronicaOlivers]

Totally feel you. I’ve been in the same boat, thinking I need a financial advisor, but I don’t know where to start. Any advice on finding someone reliable?

[@NancyFranciss]

There are a handful of CFAs. I’ve experimented with a few over the past years, but I’ve stuck with Linda Aretha Reeves for some years now, and her performance has been consistently impressive. She’s known in her field, look her up.

[@blissds-gi3mb]

Looked her up, and wow, Linda Aretha Reeves seems like exactly what I need to succeed in my financial journey. Definitely checking her out more!

[@MollyShorters]

Watched Linda Aretha on Bloomberg finance summit 4 years ago and her presentation was terrific! Definitely the type of advisor I need.

[@stumbledoor69420]

Debt is a cash cow and the more debt there is the more that bankers get rich.

[@devinligtelyn404]

The way to get rid of the national debt is with the sale of our energy! The world needs it and we've got it, and Trump wants to make use of it.

[@Joetroyer-g8o]

Does the stock market appear to be improving, or is this merely the typical temporary manipulation of the market to draw in new investors? Right now, I have $500k left over from the sale of my house, and I'm wondering whether there are any better investments than stocks.

[@chrismelde]

Get a financial planner asap!!. Do not day trade...you will lose..95% unless you are a master trader its not worth it.

[@jeanneann-q3o]

I agree! A well-thought-out plan is vital. My portfolio has just experienced a 100% increase from the beginning of the previous year and is well-suited for each market season. Although it might take until Q1 2025, my CFP and I are aiming towards a seven-figure ballpark goal.

[@Joetroyer-g8o]

Could you kindly elaborate on the advisor's background and qualifications?

[@jeanneann-q3o]

I have worked with a few financial advisors before now but i ultimately settled for “Eva Diane Herald”. She is SEC regulated and licensed in US. You can easily look her up

[@jeanneann-q3o]

I've had the pleasure of working with Eva Diane Herald for nearly a decade, and her exceptional performance has consistently exceeded my expectations. She's a renowned expert in her field, and I'd encourage you to research her impressive credentials.

[@619M3]

Read the comments and remember Trump's not even an office yet😂

[@MelsML55]

My bet is, a large % of people have zero right to be casting stones. "Yeah but he was banging a porn star!!!!" yes......and that fling you had with the receptionist or the Gardner doesn't count right? People bore me.

[@TerryPringle]

Remember the idiot squashed border bill not in office

[@TerryPringle]

😮

[@johns.palumbo5104]

So he’s like a Transformer?! When does he turn into an office? 🙃

[@niallk9336]

His H1B stance already proved he is going to use this for self enrichment at the cost of the American worker. He isn't going to cut wasteful EV tax credits lining his pockets.

[@jjjones-e5r]

Trump already said he was cutting the ev tax credits.Tesla CEO Elon Musk, one of Trump's biggest backers and the world's richest person, said in July that killing the subsidy might slightly hurt Tesla sales but would be "devastating" to its U.S. EV competitors, which include legacy automakers such as General Motors

[@TerryPringle]

So GM will be laying off " awesome "

[@Guitar11player]

idiot!

[@MrGriff305-d3u]

The government should not be allowed to have deficit spending. Even if we gave have a surplus now, we still have massive interest payments. Basically, the USA has runaway credit card debt.. Insanity

[@markysgeeklab8783]

If the US had no debt under the current system then there would be no USD to spend.

[@Ap_twsh]

Because the politicians are stupid and don’t know how to make money except at the printer.

[@mw354]

Last president to have a balanced budget was Clinton. He did so with a bipartisan committee and it was approved and went through Congress.

[@scruples671]

@@markysgeeklab8783 Then your saying Capitalism doesn't work and we don't have Capitalist system?

[@markysgeeklab8783]

@scruples671 I am saying all legal tender in the US was created/printed by the government. If all the printed money was paid (back) to the government then there wouldn't be any left.

[@Jeffery-jf8dy]

No more money going outside the country for any program's. We need to balance our budget create a surplus an set term limits to stop so much long term corruption by politicians.

[@James4cycling]

Before DOGE cuts anything, I want every congressmen and senator to reduce their office’s budget by 1 million. That’s $535 million. It might not be a trillion but it’s a good start.

[@theboringchannel2027]

that is 1/2 of 1% of a trillion. clearly you didn't pay attention in school.

[@James4cycling]

@ Obviously I wasn’t the only one. Sentences begin with capital letters.

[@PanAfricanStratergist]

​@theboringchannel2027 .005% of $1 Trillion being $535 million in spending. Yeah, that Debt is unplayable especially when you need to take on, More Debt, to pay it off. 😂😂😂😂😂😂 There's not enough money in supply, to even pay down $50 Billion. 😂😂😂😂😂

[@stringedaz]

That is not a drop in the bucket. Your understanding of concepts like math is right on par with that of Musk's voters.

[@macothair9516]

😂🤣😂🤣😂🤣😂

[@madjack8893]

Cut aid to the top 5. Cut welfare to corporations, like musky and Walmart etc. Do it for 10 years. Debt paid. Seriously F Eeeelon.

[@thisismyusername6717]

😂🤣😭

[@drtonpop2522]

Using the entire 6.75T federal budget of 2024, if you remove social security payment (1.46T, 22%), medicaid (912B, 13.5%), net debt interest payment (822B, 13%), medicare (874B,13%) and defense (874B, 13%), you are left with 1.75T. I don't see how you can cut 2T without massively cutting the all of the above programs and expenditures. Cutting 2T is not the best case scenerio, it is simply impossible in the practical sense. Musk is blowing smoke.

[@goochigoochs3836]

Almost the same thing they said about flushing more than 80% of Twitter's work force 😁 You know what they say "Don't bet against Elon."

[@niallk9336]

This is the same guy who promised Model 3 would cost 35k. It's 43k. And iirc debuted at 45k. Everything Elon says is nonsense

[@Joe-k3g6y]

Not to mention over 60% of the federal budget is mandatory spending, so unless Congress passes new law, it isn't happening. About half of discretionary spending goes to the military so only about a trillion is what we hear all the noise about. Musk and Ramaswamy both are hugely conflicted and listening to them is like hearing a couple of high schoolers talk about how they would fix everything.

[@QuickExplanation-c9o]

@@goochigoochs3836 Except when he tries to play POE2 and gets caught lying about it

[@edwardduda4222]

You’re assuming there’s no bloat. A large chunk of federal workforce doesn’t do anything and make $120k a year.

[@AnthonyMcgee-xr7tu]

I Hit $12,590 k today. Thank you for all the knowledge and nuggets you had thrown my way over the last week i started with 3k in last week 2024.... now i just hit $12,590

[@LoreenMartin]

How please can you explain because I've been making a lot of looses trying to make profit trading.

[@AnthonyMcgee-xr7tu]

Mr’s Ashley Airaghi trading is the best way of making money in the market. I lost a lot due to lack of experience which resulted in loosing funds. But Mr’s Ashley Airaghi restored my hope she’s a nice person.

[@MarlinReese]

Wow. You know her too? I lost a lot of money as a beginner until I saw Mrs Ashley Airaghi on CNBC. She's been managing my portfolio with good returns and I appreciate her sincerity and genuine services

[@MarkGregoryD]

So you guys also familiar with her? Wow ! She is amazing and the reason my spouse and I possess our own home and car

[@AliceBanks1]

Wow Ashley has been managing my investment. All I do is sit at home and make withdrawals every week without any knowledge of trading. She does everything by herself

[@Johnnywalnuts1]

The only thing doge will do is Eliminate taxes and regulations for Elon.

[@dracowuhan7536]

The spending is getting ridiculous and it’s not being used properly. Time for a change.I don’t think Elon is some antichrist. You guys have no brains.

[@jorpiplayer7438]

No he could go further reducing taxes only goes that far he can increase taxes going to projects his companies can apply for. But the more I live the more I notice that the worst thing is how inefficient most bureaucracy is if he makes himself richer but makes bureaucracy more efficient it be worth it in the long run. "If"

[@marcwells03]

He will also get rid of regulations that would benefit the orange 🤡

[@ericnelson9100]

Yes, pretty much. And a bailout when they go belly up! To sum up, they don't provide jobs, other companies provide better products., and we still provide them grants, huh!

[@twistedcell2679]

how many families does musk feed? Think the man deserves a break just like everyone else.

[@DawnToDawn]

Will he cut electric car incentives ? Currently costing 15-20 billion dollars.

[@Noname1234-p3g]

Yes .elon said, gov. Shouldn't give any incentives. Month ago .We'll see . Scam

[@JacobColson34]

Of course not, this is how he is making Billions

[@mezenman]

@jacob They will remove the incentives on electric cars. Tesla is the only company making a profit. Yes the cuts will hurt Tesla, but it will hurt the competition even more because they are not yet profitable. Elon playing chess not checkers.

[@markysgeeklab8783]

@DawnToDawn musk has been encouraging government to cut all subsides to car manufacturers of all types. This would mean they all need to make a profit or close down.

[@botornvig]

On FOX you should spend more time on the real story - that America will not rule out using military force against the US's allies...

[@captzoom1778]

I hope they cut everything and start over this is one of the only things that's made any sense happening in Washington in decades

[@ivonnemichael5680]

So what's the most effective strategy during this period of volatility with the rate cut? Most of my portfolio is in (20% Index funds, 20% CD's 30% Bonds/T-bills and other assets) I want to explore different strategies to benefit from a potential bubble

[@cherylcressey]

This is the thought of a person who is handling their portfolio themselves. I will advice you to consider a financial advisory to help you make smarter portfolio decisions. My IRA and cash accounts are far more than what I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my FA

[@ivonnemichael5680]

Mind if I look up your adviser please?

[@cherylcressey]

Sure you can! Gabriel Alberto William is the financial advisor I work with. Just make a research with the name. You’d find necessary details to work with

[@ivonnemichael5680]

Thanks for the recommendation. I quickly make a researched online with his full name and i easily spotted his website, very impressive

[@dgoins6]

Gold.

[@jackoalltrades5708]

While the DOGE cuts all the spending so trump can lower taxes on the super rich corporate entities , they should have to live on what they pay their lowest paid worker to show us how serious they are and as an example of how to do it

[@Freedom4all31]

Our debt is a cancer which is eating us alive. This year we paid more in interest on our debt than on defense and next year will be worse. There is no greater threat to our freedom.

[@theboringchannel2027]

so why does orange want to SPEND MORE on the military if he wants to keep us out of foreign wars. Shouldn't we be cutting military spending in that case?

[@fastdolphin]

@@Freedom4all31 concur, but we can't just cut our way out of this - that is why Elon revised his DOGE numbers. We are on the wrong side of the laffer curve and we need to raise taxes - ideally with a progressive system.

[@Freedom4all31]

@@fastdolphin Nope- raising taxes kills industry and manufacturing which is the is the hart of the American economy. We have to learn to live within our means which means cutting government spending which is destroying this country.

[@Freedom4all31]

Truth is: debt is just another way for the people benefiting from the debt to steal more from the rest of us.

[@fastdolphin]

@@Freedom4all31 the effective tax rate in the 1990s (the last time we had a budget surplus) was higher than it is today. We are on the wrong side of the laffer curve. Cutting is a piece, but we are too late to do it without increasing revenue (and we can't grow out of it without dangerous inflation). Look at the budget and tell me what you would cut to get expenditures under revenue. I am telling you that you cannot do it without 1.) defaulting on our debt 2.) cutting Medicare/Medicaid or Social Security 3.) a combination of those AND defense cuts that would hollow the remainder of our military.

[@sailorichiban]

NO TAX ON OVERTIME ✅THANK YOU PRESIDENT TRUMP ❤💯❤💯❤💯❤

[@donaldpump8882]

You Trump supporters are so gullible. You got taken by crumbs 😂

[@ThatGirl-ku5dq]

As Texas axed overtime. Look it up.

[@humanresources3545]

But he took away overtime.

[@DelightfulStars-mq8dx]

There won't be no overtime Guber

[@pwilliam255]

Overtime only for H-1B visa holders.

[@YooperICE]

Department of Grifting Extremism more like. 🍿

[@SwimSweetie100]

We could start by not giving billions and billions of dollars away to other countries.

[@bgreener]

Part of that also helps keep Americans out of the fight. So would you rather spend money, or American lives.

[@warrenstaben6166]

Hear hear!

[@steveb796]

We did that under trump too.

[@armonjohnson]

We shouldn’t give billions and billions of dollars to billionaires

[@tubesurfer007]

@@bgreener maybe the usa gov should stop laundering money through ukraine instead. Then no lives would be lost.

[@JoyceLynn-q3m]

Difficult cuts, possible… Decisions necessary to support cuts. No other choice.

[@msimon6808]

End the Drug War. Stop financing criminals. There is no Drug Prohibition Amendment. The whole Federal apparatus can get closed down. There is no authority. Drugs fill receptors. What empties receptors (injury, PTSD) causes a desire for drugs. Drugs CAN'T cause addiction. People take pain relievers to relieve pain.

[@Bear2man858]

Debt has gone up since Clinton. Our government both parties love to spend on there corporate and wealthy donors.

[@frosty3693]

She seems to miss the historical fact that lowering taxes actually have 'increased' revenue.

[@HighMojo]

The mandate of DOGE is to cut costs, not to raise revenue. The onus of reducing the debt does not fall on DOGE. Any reduction in the debt as the by product of DOGE is only incidental.

[@619M3]

Don't worry we have plenty of money to send to Ukraine

[@claudionessi6991]

You obviously don’t know how our support for Ukraine works …. We send old and end of shelf life stuff to them and spend money in the USA to buy that material back to give to our military ! Get your facts straight !

[@M3LTUP]

Yes. Biden thinks Ukraine is our 51st State.

[@goochigoochs3836]

@@claudionessi6991 Okay, that explains why we can't even invest in our own land, just like we invest in Ukraine. That's genius! 🤣😂

[@claudionessi6991]

@@goochigoochs3836 did you understand what I said ? The money that we spend in Ukraine actually modernizes our army … too difficult the concept for you ?

[@goochigoochs3836]

@@claudionessi6991 Oh yeah too difficult for me! 😁😜 You probably missed the other aid for their economy including their retirement. The money budget for non-military is actually larger than weapons. Yeah I know too difficult for me eh? 🤣

[@timothyluckey5020]

The hook was about Elon Musk. But it was about two women talking about the economy. Informative but disappointing that Musk didn't speak 😮

[@Anthony-kh9oo]

He hit the cap for social security tax 15 minutes into 2025. He will pay nothing into social security for the remainder of the year, no matter how much money he makes. Fair share? Remember that when they come for your check or replace you with an H1B visa worker.

[@bigpicturethinking5620]

If there is a maximum benefit there should be a maximum contribution.

[@Jacqueline-v8q]

It's going to be a battle of epic proportions to try to fire ANY Federal workers. The Union protects them. It's unfortunate that we voted to cut government spending & a balanced budget. I pray we get 4 years of balanced budgets.

[@RJT-hp8vk]

Don’t over complicate it. Just stop spending

[@Ancejfj]

Bonds and treasury are freaking debts we have to pay back. Stop selling debt!!!!!!!!

[@erickanter]

Well we deficit spend .What the hell are they supposed to do. Have the fed buy the debt?? The inflation will really go to town. Tax cuts will only increase deficit spending.

[@matthijsbos4870]

No no, the market tanked yesterday because they fear Trump and his stupid chest flex. Fed went from bullish on cuts to hawkish, because of Trump. He threatens tariffs, the world over markets go down. Trump is the WORST for retail investors. By the way, the last 4 years... stock market high after stock market high..

[@user-cp2jh4yr4q]

they want to crash the dollar to force us into socialism Agenda 2O3O

[@SimpleAbundance]

Print it then. Buy bitcoin.

[@theboringchannel2027]

might want to ake a class in ecomics before you make stupid suggestions like this.

[@marcuscorneliusaurelius6534]

This guy is a Doge-bag.

[@OlivierGaffuri-wc2dl]

A complete lunatic, a spoof James Bond movie villain.

[@AZRich875]

It should be a crime for the big guy to double down on wasting millions before leaving the beach/his remote office. My opinion. Mary

[@GeorgeW-cv5en]

Why does America have a deficit?

[@fastdolphin]

A few weeks ago he said it would be easy to cut $2T. What happened?

[@seanknox3363]

That darn rascal called reality

[@donaldpump8882]

They lied to get a criminal elected.

[@dgoins6]

Because he didn't bother googling federal expenses.

[@murknellnewton726]

​@@dgoins6😂😂

[@pwilliam255]

@@dgoins6either did the people who voted for them

[@Gogalen789]

Equitable taxation across all economic classes in addition to substantially reducing wasteful government spending. Gotta have both for long term fiscal sustainability.

[@geneparadis7888]

The money is not borrowed its printed out of thin air. There is no interest on printed money.

[@TreeLBollingTreeMan]

You just showed how little you know. Go hide your head in shame.

[@ben-l8g2n]

why don't we just print $100trillion?

[@joshuabrunette5247]

Truth, but where does the interest go? The federal reserve is a corrupt group of private international banksters.

[@millstb]

take an econ 101 course please

[@Contrarian-ol2bc]

The FED prints it out of thin air and LOANS it to the USA *at interest* , through congress. The FED is privately owned. Let that sink in.

[@kelseyhill3263]

If you would let Katherine talk without saying "yeah" "mhmm" every couple words she says, this would have been a much clearer Fox clip. Honestly.

[@mw354]

So why would you want to raise the debt ceiling if you’re trying to drive spending reduction?

[@therebellion6911]

Look up the difference between deficit and deficit reduction.

[@therebellion6911]

One trillion in cuts is still running a deficit. Thats how out of control the governemnt is.

[@styletokyo9888]

Because deficit is the gap between tax revenues and government spending in any given year and the debt is cumulative deficits to date. Debt ceiling needs to be raised if we are going to run any deficit at all. But that doesn’t mean you can reduce the deficit

[@Good13man]

Cronyism. Those trying to make money on the backs of others.

[@CapybaraJourney9]

A few weeks ago, he confidently said it would be easy to cut $2T. 🤔💸 So, what happened? 🧐

[@Vergil975]

Are you serious or that dumb? Biden, is POTUS, as he has been for 4 years.

[@Contrarian-ol2bc]

Maybe because he's not even in office yet? You still in grade school? Maybe you should be sent back a year or two.

[@anniegoulaheee8025]

Tax the churches. There's the money president Leon is looking for.

[@TerryPringle]

Money wasted on religion staggering could feed house educate job creation for many people

[@anniegoulaheee8025]

@TerryPringle he could get that money just off of the magevangelicals alone. The vatican probably has quaduple that amount.

[@alphaomega750]

Any cut is better than NO cut and more debt! Those who complain, are you hiring your own debt or just getting more into debt. I think the lader

[@frotobaggins7169]

Remember back when Obama famously bragged we don't need to worry about the debt because the interest is so low. Well we didn't pay it down when we cold afford to now we can't afford the interest, That's bankruptcy.

[@LG-zd1um]

I thought Doge was going to cut 2 trillion in spending? Are they already backing off from that goal?

[@robs0070]

Yes

[@pwilliam255]

I doubt it was ever the goal. Just like Trump knew he couldn’t lower grocery prices but said he could anyway. And it worked.

[@bgreener]

It's called lying. They lied. Trump won't bring grocery prices down. He has admitted that. DOGE won't cut spending. We are going to pay for rich tax cuts.

[@bman6502]

Keep in mind, maga have zero ability to process the lies Trump tells.. but as long as Trump attacks trans and immigrants, they’ll be happy..

[@robs0070]

@@pwilliam255 It's the old play book, say whatever it takes to being the office, we will figure it when we get thereMAGA will approve anything Orange Orangutan says they have no agency.

[@manofsan]

It depends on what the tech is. If you'd invested in Apple Computer back in the early 80s when rates were really high, you'd have done okay. Not all tech is the same, and you've got to have a discerning eye.

[@marthaadair4967]

Again he will screw up like he did with COVID. Cause he doesn't care about anything and anyone going through this.

[@markvincent5992]

If you are talking about Creepy Joe and the democRATS, you would be correct. However, if you are referring to President Trump and us Conservatives, you are both incorrect, and the cause of this country’s problems.

[@TEXASTORNADO7777]

WHO BIDEN 🤔🤔🤔🤔

[@gabeq5373]

Yup, he lied his way all the way to the presidency, and now trump is saying I can't promise anything. When he lied the whole time..

[@theboringchannel2027]

@@TEXASTORNADO7777 no your messiah. loosen up the red hat, let some blood into your tiny brain.

[@TEXASTORNADO7777]

@ WHERE & HOW DUDE HE IS NOT IN OFFICE YET FOOL !!!!

[@chullotm1970]

I know that you guys in the US are used to see beautiful woman on television but I must say, this is one incredible beautiful woman!

[@jameshagler5071]

If I spend $1 million a day, it would take me 2700 years to spend $1 trillion dollars and our country is in how much debt

[@GentlemanH]

No mention from Elon Musk at all ! Click bait?

[@daviddraper5627]

Stop cutting taxes for the rich

[@ENIGMATICFENIX]

Disappointing how billionaire are fine but the entire American poor class and middle class are simply suffering. Simply because of billions insane greed!

[@lewislang-d5u]

There's no middle class anymore. Sadly.

[@humanresources3545]

The billionaires own the food companies, the oil companies and investment groups in housing, and health insurance.

[@dshepherd107]

Oh it’s more than disappointing. It’s horrific.

[@ArthriticBeard]

@@humanresources3545 Well if the poor owned these things they wouldn't be poor so I don't see your point? It takes money to make money and that will not change.

[@Chabon209]

It’ll be much better with Trump in office! He never cozy’s up to the rich and so far every policy idea betters the average American!

[@dang6684]

You can't have it both ways high rates and great equity returns she contradicted herself

[@DTDan-b8r]

Isn't GAO supposed to be doing this now? Isn't the goal "Accountability" and efficiency?

[@rateau-789]

MUSK TO RULE THEM ALL

[@kevinc158]

Slurp

[@M3LTUP]

The inflation and the Taxes are crippling the private sector economy. Both are caused by drunk Govt. spending. Canada is collapsing for the same reasons. Which is why Trudo resigned.

[@Putput504]

Stop giving money to other country’s and maybe our billionaires wouldn’t mind helping out Unitedstates. I wouldn’t help if I was a trillion air because our country doesn’t know how to properly spend that money on there own people first 🤷🏻‍♂️ Stop blaming millionaires and ect because our government has a spending problem with our so called enemies smh

[@acornsucks2111]

We don't have to give money away to other countries, we bring their undesirables here and give them a social security check.

[@kyddshine]

When will the fiscally conservative leadership show up. I hate seeing jumps in deficit spending, under the republican and democrat leadership.

[@Ravi-rl8tt]

Lmao, the deficit was rock bottom under Trump until they developed the pandemic to sabotage his presidency.

[@JacobColson34]

The "Conservative" party doesn't exist anymore. It's MAGA and they don't care anything about being Conservative. All that's on their mind is what the Cult Leader tells them to think and feel. Like owning those Libs 😂😂🤡🤡🤡🐑🐑

[@jacquelineglitter4328]

Make the rich pay more taxes and stop with writing off their expensive cars and yachts.

[@TreeLBollingTreeMan]

So you want to tax the rich to feed the poor, till the rich you have no more?

[@itsAmeOFP]

lol I’m sure the billionaire administration is gonna love that idea

[@comicrandomness3289]

Don't all rich people own businesses? Won't they pass it on to the people through sales tax or something? As a Californian we need less taxes. Government is stupid and we need less of it. We need doge.

[@lqdfuzion2914]

The top 5% pay the bulk of all taxes collected. How about you pay your fair share.

[@lqdfuzion2914]

And write offs are legal. It is available for everyone to do not just the rich.

[@LizBeta1]

Weird. DOGE means Duke in Dutch. Isn't Elon Musk Pennsylvania Dutch? Or does he represent the Duke of Orange?

[@OB-yz7db]

i bet if you cut subsidies for oil, and r&r tax deductions… you could probably find more than two trillion… but the goal is to “tax the poor to feed the rich”, so of course there’s not much to cut!

[@OB-yz7db]

excuse me; research and development tax deductions!

[@OB-yz7db]

or… you could make every boomer who road the clock out, rather than repay the loans they took out for their educations, repay that at the same interest rates and shady practices that they subjected their children and grandchildren to! that aught to be worth a couple trillion in adjusted dollars!

[@JohnDoe-ui5gm]

"Tax cuts are phenomenal and we are going to get a corporate tax cut".....uh ok...good for corporations...What about me? Sounds like your telling us that giving corporations tax breaks is going to put money in my pocket? I truly doubt it unless I'm a shareholder or in the C-Suite corner office...These people always circle talking making us think giving corporations tax breaks somehow helps the everyday worker...BULL$H1T I SAY!!!!

[@Part-Time-Larry]

If you don't own any shares of public companies right now, that's on you... You are most likely financially illiterate and I'm not saying that to poke fun at you or be rude. That is thanks to the department of education!

[@comicrandomness3289]

Won't that get rid of sales tax? Which we the people pay because businesses don't pay taxes they collect it. I'm in California and we need less taxes not more.

[@delunk5906]

Trumps first rounds of tax cuts got me my largest raise ever and shares that made me another $15k per year ever since. My company specifically mentioned the tax cuts being the reason for both.

[@JohnDoe-ui5gm]

​@@Part-Time-Larry Welp news flash...That's taxable income soooo....Do I get a tax break on that to match the corporate one? My 800+ credit score and illiterate financial education can't fathom how I don't get a tax break for investing in the company? Uncle sam still gonna want his cut unless I don't touch a dime until I'm 65 or keep letting the IRS take money from and give it to them. I gotta tell them every year what stocks I own and how much they are worth. Not like I can hide money in a shell corporation like they do.

[@JohnDoe-ui5gm]

@@comicrandomness3289 Sales tax is a scam. When I ran my own IT consulting business I would collect it and never report it. Just said all my customers were state or federal customers who are tax exempt. Accountant never asked for anything else. Prolly illegal as hell but hey I'm still here with no penalties.

[@DankNstien]

If Trump fulfills his promise on no tax on tips just wait and see how many CEOs stop getting bonuses and start getting tips. 🤨

[@michaeltellekamp4837]

Video is mislabeled. No statement from Musk.

[@ENIGMATICFENIX]

Good ol modern day propaganda!

[@RandySmith-iz1ml]

How about doing things different than we have in the last 80 years that got us in this trouble in the first place. Instead of funding things in the Treasury through the sale of bonds, do it the way we did before when we weren't in debt, and that is through tariffs. The country had little debt and so did individuals. Go back to the old school way, listen to what Trump is trying to tell you! Would you rather be rich or hate Trump? Stop being stupid.

[@rainylight6268]

Its a good idea bcs the debt crisis is serious but we'll see what happens

[@JohnnyBravo-zu9oe]

If they can only cut 15.9%, sorry, not good enough job Elon!

[@Carl-m4r]

Good questions

[@TheMeme0208]

Strong economy? For who? Does this market count for working American people?

[@danielg.1707]

Let's how worried about the debt Fox is when Trump comes in.

[@nmcalmond]

Government size needs to be massively cut. Dial them back to fixing infrastructure, emergency services, enforcing the law and protecting the homeland. Now way should billions be going to other countries while we are drowning in debt.

[@msimon6808]

We enforce too many laws. Drugs fill receptors. What empties receptors (injury, PTSD) causes a desire for drugs. Drugs CAN'T cause addiction. People take pain relievers to relieve pain. There is no Drug Prohibition Amendment. The whole Federal apparatus can get closed down. There is no authority.

[@punkagrrlzero]

Yup the blonde thing is still true. SMH.

[@Sallamand]

predictions are like Trumps concepts of a plan

[@GregDidier]

Click bait

[@milocagle4721]

Looking forward to Trump's job numbers after he slashes 2 trillion. in American jobs. Worse than his first term.

[@hellcatriot2798]

Lies and more lies. They dish it out and we keep taking it.

[@Part-Time-Larry]

When utilities are hot, you're looking at an almost 100% chance of a general bear market as far as stocks are concerned. At least that's what the historical data suggests.

[@jims3114]

Putting a billionaire who doesn't need any services from the government is a catastrophe.

[@socalgirlable]

Why? Because big government is doing so well in efficiently offering those services? I think getting rid of big government and thereby saving 2 trillion dollars from waste and lazy government post means more money for the economy and directly to us.

[@markvincent5992]

No, it’s brilliant! Hard to buy off the man who has mo’ money than the crooks. Cut away, Mr. Musk, you have plenty to do.

[@hradynarski]

Well that immigrant liked big government, when he got sponsored for his electric cars and getting contract for Space X by NASA and Military's. Now when he have to pay back taxes, he wants lean government. Are we such morons to look away from that!?

[@plusstaff01]

In your dreams

[@socalgirlable]

@@plusstaff01 then dream your own dreams and get out of mine. That's the whole point 🤣

[@TinyTurboTuna]

I thought he claimed 2 trillion? Good job overpromising like always . Now it’s only one….. that a few billion…..

[@andykeaton9840]

🙄

[@ItsmeCR-g8j]

This is what’s done in business.

[@TinyTurboTuna]

@ over promise and under deliver? That’s opposite of most business models I’m familiar with.

[@durpydurp7853]

Better than what you liberals promised, which is NOTHING

[@BradleyT2p2]

ROFL these comments. You lot are clueless. Mad at Elon, rofl.

[@snapfinger1]

A welcome, realistic conservative estimate to slow the hemorrhaging debt w/ interest.

[@Trade_raptor]

Rugged pulled!

[@JNieckarz]

End corporate welfare!

[@Netherfin]

So Musk isn't going to use the campaign funds to buy ice cream? 😮😲😯

[@JohnDoe-ui5gm]

Nah..just giving it to SpaceX and Telsa instead.

[@RexLapin73]

The World is not enough

[@bondjovi4595]

I guess you just end up short, then. Lol

[@logancarter2134]

Historically after every tax cut the amount of money flowing into the Treasury has increased.

[@PeleAnderson]

DOGE crypto strong support is still at 0.05 and 0.03 based on Binance liquidity

[@JessLinds-n5b]

Thanks for the forecast!❤ I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (purchase pet beef artwork wedding page tray shrimp addict modify spoon notice). How should I go about transferring them to Binance?

[@stumbledoor69420]

Give me a break... notice how she used her last few seconds of a very rushed segment to psych bombi like banks. ..

[@AnamarieJensen-rt5fi]

We need a lower cost of foods to united state of America to mske growth markets for not wasting money to trash is jus debt crisis if your high prices no one to groceries cuz and psy employees you sell nothing because your foods goin to bad abd thrown to tarsh and never make moneys growht but useless

[@briancarroll883]

I pray to God that English is not your first language.

[@ronbo30]

Answer is sooooo…… simple. Abolish the irs and the federal reserve, go to a flat tax system and have our money pegged to gold. All this goes away.

[@bman6502]

Funny how inflation is no longer a talking point to the Republicans.. nor is food prices or fuel prices

[@ve2166]

Oh I wont let my friends who voted for Trump forget. Traded in your country for a Red Hat and cheaper eggs.

[@twain3074]

Tax cuts are 'phenomenal' for those that are getting them. It's why wealth among the top 1% of earners has skyrocketed. But virtually every penny that goes to people in 'entitlement' programs (which is a misnomer) goes back into the economy to keep it chugging along. Unelected Elon and Vivek are billionaires. Forbes estimated Ramaswamy's net worth at more than $960 million; his wealth comes from biotech and financial businesses. Musk's net worth surged after the 2024 United States presidential election, and in December 2024, he became the first person to have a net worth of more than $400 billion. As a primary customer, the federal government of the United States has signed contracts worth $20 billion with SpaceX as of November 2024.

[@msimon6808]

Envy is a wonderful thing, but not very profitable. No wonder you are broke and they are not.

[@stevenmorris3181]

America First means American business First and has nothing to do with American workers First

[@EuropeanAncestor]

ure not americans ure us citizens ure not even nationals ure us citizens, dumass

[@garyweightman5936]

Certainly looking a little that way with Tech Business where HSB1 Visas are prevalent. I hope that this is FIXED

[@MeeesterBond17]

​@@garyweightman5936 Unlikely so long as unelected billionaires have direct influence over government spending. They're the biggest winners from H1B visas, after all.

[@garyweightman5936]

@@MeeesterBond17 I am certainly looking sideways on Elon and Vivek but pray that Trump goes back to his 2016 positions on HB1 Visas when it. Effected American employees of Disney

[@moneyshift8190]

We could reduce debt by cutting funding to Elon's companies. Oh wait of course they won't do that now.

[@lancenorton1117]

Well if we asked Elon about those contracts that is not waste. Every penny not given to him is the waste that needs to go away.

[@erickanter]

Been saying 10 year over 5 for some time.

[@CedrickVanderark]

Cheers for sharing! Hoping for some advice: My wallet on OKX contains some Tether, and I have the recovery phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. How to proceed with sending them to another wallet on Binance?

[@georgevprochazka5316]

The only option- get Canada ! lol

[@Elonreevemusk-]

Thanks for your love and support towards my career, I take this opportunity to express my undying gratitude for always supporting me. Where are you from?...