Kevin O'Leary voices support for Musk and Ramaswamy's DOGE: 'There's lots of room for efficiency'

Published On Nov 19, 2024, 6:00 AM

Kevin O'Leary has expressed support for Elon Musk and Vivek Ramaswamy's initiative, known as the Department of Government Efficiency (DOGE). He believes that this agency could effectively reduce government spending, particularly by targeting regulatory burdens that impact corporate cost growth. O'Leary emphasizes the importance of simplifying the tax code and cutting government jobs to help trim the national deficit, suggesting that significant financial waste exists within the Pentagon's budget, which has failed multiple audits. The overall goal of DOGE is to create a more efficient government structure that could lead to long-term budget reductions.