Tech billionaire Elon Musk on Feb 20 defended the sweeping government downsizing efforts by the Department of Government Efficiency (DOGE) he has spearheaded to an audience of supporters at the Conservative Political Action Conference in Maryland.
Musk told the crowd that the cuts have been made to keep programs like Medicare and Social Security operational.
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Musk told the crowd that the cuts have been made to keep programs like Medicare and Social Security operational.
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
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00:30This is the chainsaw for bureaucracy.
00:34Chainsaw!
00:35Same question.
00:37They're also talking about you guys are going to end Social Security,
00:40you're going to end Medicare, you're going to end these things.
00:42I don't imagine that conversation has been had with the president,
00:45and that's the plan.
00:47Well, in fact, the actions that we're taking
00:50with the support of the president and the support of the agencies
00:53is what will save Medicare, what will save Social Security.
00:56Yeah.
00:57Yeah.
01:02And it's because if the country goes insolvent,
01:08if all the money is just spent on paying interest on debt,
01:12there's no money left for anything.
01:14Yeah.
01:15And that's the reason I'm doing this,
01:16is because I was looking at the big picture here,
01:18and it's like, man, our debt's getting out of control.
01:21The interest payments, the interest on the national debt
01:24now exceeds the entire Defense Department budget.
01:27It's a trillion a year.
01:28Yes.
01:29In interest, just to carry the money that we owe is a trillion a year.
01:32Yes.
01:33That is unbelievable.
01:34And rising rapidly.
01:35So, like, I mean, a country's not different from a person.
01:38A country overspends, a country goes bankrupt.
01:40The same as a person who overspends goes bankrupt.
01:43So, it's not, like, optional to solve these things.
01:47It's essential.
01:48Yeah, no, waste is pretty much everywhere.
01:50People ask, like, how can you find waste in, like, D.C.?
01:53I'm like, look, it's like being in a room,
01:56and the wall, the roofs, and the floor are all targets.
02:00So, it's like, you're going to close your eyes
02:01and go shoot in any direction.
02:04Because you can't miss, you know?
02:07So, it's pretty wild.
02:09Like, you just push on things a little bit,
02:11and you save billions of dollars.
02:12Like, just a little bit, you know?
02:13It's wild.
02:14It's scary, isn't it?
02:15It's money that's taken away from things
02:17that are destructive to the country
02:19and from organizations that hate you to you.
02:22That's awesome.
02:23Does it seem like, I mean, have you talked to the president?
02:25I mean, that's, like, glorious.
02:26That's, like, the spoils of battle, you know?
02:30I like that.
02:31Is there traction on that?
02:33Yeah, yeah.
02:34Yeah?
02:35Yeah.
02:36I talked to the president, and he's supportive of that.
02:39And so, it sounds like, you know,
02:41that's something we're going to do.
02:43Yep.
02:44So, as we're finding savings,
02:45that's going to translate directly to reductions in tax.
02:49Yeah.
02:50Yeah, I mean, I'd say, like,
02:51I was politically neutral for quite a while.
02:56You know, leaning a little Democrat.
03:00How do you go from that to this?
03:01Yeah, no, no.
03:02How does that happen?
03:05Did they go crazy?
03:06Yeah, they did go crazy.
03:07Yeah, they went crazy.
03:08No, I mean, the whole cancel culture,
03:10and, you know, it's trying to stop freedom of speech
03:16and infringe upon, just in general,
03:19infringe upon people's personal freedoms.
03:22You know, they just want state control,
03:25state control of what you say.
03:27They want to, you know, take away your guns.
03:31Thanks, guys.