Breaking
March 25, 2025

The time of ‘white flag’ GOP is over as DOGE targets wasteful spending – Investors take Florence Muchai | usagoldmines.com

DOGE has made mistakes in its attempts to change how the government spends money. Elon Musk has acknowledged this. However, according to investor and Palantir co-founder Joe Lonsdale, DOGE has done more good than harm. He asserted that in 20 days, the agency has done what couldn’t be done in multiple generations.

In an interview, Lonsdale talked about how successful DOGE has been in stopping wasted or unnecessary government spending.

In fact, on Tuesday, an online DOGE “live tracker” said that the department had saved taxpayers $37.69 billion since it started working on January 20. However, it did not show how it arrived at that number.

The businessman said that lawmakers’ earlier attempts to cut spending during the Reagan administration failed because they were not tech experts like those at DOGE. 

He said, “So when they went to the bureaucracy, and they asked questions, there’s so many ways of obscuring and blocking and deterring, and so what Elon did is he got root access, and he went to the tech systems themselves.”

When asked about Africans, Lonsdale said, “I do think Africa can now pay for more of this themselves. South Africa is spending money suing Israel. They’re spending money supporting political parties calling for the death for White people. Maybe they should redirect that money to pay for their own clinics.”

Lonsdale also argued that changing times call for new tactics. He said, ” Everyone wants to be careful and keep it going. You’re not going to get perfect answers in life. I think this is by far the best thing for our civilization is to very boldly confront this […] And this is more, I guess, of a tech world way than a D.C. way.”

The investor went on to say that Musk is the most suitable for the job. In his words, “Being careful and slow isn’t how we get to Mars.”

Musk asserts that the US needs DOGE to avoid bankruptcy

During a public appearance, the tech billionaire affirmed his earlier stance that the US was about to go bankrupt if DOGE didn’t keep working to cut costs at the government level.

The country’s budget gap reached over $1.8 trillion in the last fiscal year. Mr. Musk also criticized the high interest rates on the public debt. He told reporters that cutting government spending is not optional for Washington; instead, it’s essential.

In the same light, a congressional watchdog group called the Government Accountability Office says that fraud and wrong payments cost the U.S. government between $233 billion and $521 billion every year.

The founder of Tesla and SpaceX has received a lot of criticism for having too much power in the US government. When asked about possible conflicts of interest, Mr. Musk said he wants to be as open as possible because his companies have won big contracts from the US government. 

Trump’s government support to DOGE

The new administration has gone to great lengths to assist DOGE. POTUS told reporters that the department had found shocking proof of wasteful spending while cutting the size of the US government workforce.

In addition, the US Agency for International Development’s inspector-general was fired. This happened a day after saying it was almost impossible to keep an eye on $13 billion in relief funds since DOGE started breaking up the agency.

After that, President Trump signed a new order that said almost all new government hires must be approved by a DOGE official.  The order said, “The agency shall not fill any vacancies for career appointments that the DOGE Team Lead assesses should not be filled unless the Agency Head determines the positions should be filled.”

President Trump and Musk are already trying to get government workers to quit in exchange for money. The plan is for employees to quit and still get paid until September 30 through the delayed resignation program. 

Officials in the government said that more than 65,000 workers have already taken the deal. However, their plan is on hold while a judge decides its legality.

Musk gave a disclaimer that some of the things he’s said about government programs have been wrong. However, he promised that he would act quickly to correct errors, and acknowledged that DOGE could be making errors as well.

He said, “We are moving fast, so we will make mistakes, but we’ll also fix the mistakes very quickly.”  He also pledged to find $1 trillion in savings through his efforts to identify fraud and waste in the government.

Cryptopolitan Academy: FREE Web3 Resume Cheat Sheet – Download Now

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Crypto News | PumpSwap Hits $426M Milestone, But Raydium Remains Solana’s Top DEX Wayne Jones | usa...

Crypto News | Asia Web3 Alliance seeks US-Japan collaboration to tackle regulatory challenges Assad ...

Top Trump officials, Pete Hegseth, JD Vance implicated in leaked messages targeting European allies ...

Dogecoin (DOGE) Bulls Near Exhaustion But Mutuum Finance (MUTM) & Solana (SOL) Reignite Optimist...

US Senators grill Trump’s nominee for Social Security chief over D.O.G.E involvement Jai Hamid | usa...

Dogecoin Is ‘All Going To Plan,’ Says Crypto Analyst Jake Simmons | usagoldmines.com

Crypto News | GameStop to add Bitcoin to treasury following unanimous board approval Gino Matos | us...

More than 600,000 investors in Romania choose crypto over stocks Lubomir Tassev | usagoldmines.com

GameStop says it’s adding Bitcoin as a Treasury reserve asset Jai Hamid | usagoldmines.com

Abracadabra.Money Loses $13M in ETH to Security Breach, Following $6.49M January Hack Hassan Shittu ...

CME Group and Google Cloud Pilot Asset Tokenization Solutions Veronika Rinecker | usagoldmines.com

Dogecoin Price Mirroring This 2017 Pattern Suggests That A Rise To $4 Could Happen Scott Matherson |...

Crypto News | Binance Suspends Employee for Insider Trading and Front-Running Allegations Wayne Jon...

Crypto News | Ripple agrees to pay $50M fine and drop cross-appeal to settle SEC lawsuit Gino Matos ...

Crypto News | Cboe files application to list Fidelity’s spot Solana ETF Gino Matos | usagoldmines.co...

Is Ethereum (ETH) Heading Below $1500? Traders Are Hedging With Mutuum Finance (MUTM) Cryptopolitan ...

Crypto News | Donald Trump-Backed WLFI Launches USD1 Stablecoin on Ethereum and Binance’s BNB Chain...

Crypto News | XRPTurbo Presale Raises Over 160,000 XRP, Set to Become The AI & RWA Launchpad on...

Crypto News | FDIC ends use of reputational risk criteria, Crypto Czar calls it ‘a big win’ Gino Mat...

Ripple vs SEC Lawsuit Is Over! 86% Chance of XRP ETF Approval by 2025 Mustafa Mulla | usagoldmines.c...

How High Is Ripple (XRP) Likely To Go In 2025, Can It Target 45x Gains Like Mutuum Finance (MUTM)? C...

Southeast Asia rides into a Musk-sort of DOGE Florence Muchai | usagoldmines.com

XRP’s Ripple drops appeal against SEC after paying $50M as case officially ends Jai Hamid | usagoldm...

Trump and his officials defend Michael Waltz over confidential chat breach Shummas Humayun | usagold...

Bitcoin Outperforms Tesla in Standard Chartered’s “Magnificent 7” Index Newton Gitonga | usagoldmine...

Analyst Predicts XRP Price Could Hit $8-10 Based on these Mathematical Chart Patterns Newton Gitonga...

FDIC Drops ‘Reputational Risk’ in Bank Rules, Crypto Advocate Calls It a Win Hassan Shittu | usagold...

Report Shows Security Concerns as the Major Challenge for Crypto Payment Adoption Jimmy Aki | usagol...

Only 440 People Are Responsible for Trillions of USD in Artificial Crypto Trading – Research Sead Fa...

Crypto Trading Platform eToro Files for Nasdaq IPO Jimmy Aki | usagoldmines.com

World Liberty Financial Solidifies Stablecoin Plans Amid Growing Speculation Julia Smith | usagoldmi...

Analysts Say Ethereum Struggles as Competition Intensifies: FT Hongji Feng | usagoldmines.com

Trump Media Shares Jump as Company Plans Crypto ETFs With Crypto.com Joel Osei | usagoldmines.com

XRPL Hits 2.8 Billion Flawless Transactions—Big Players Are Paying Attention Christian Encila | usag...

Crypto News | Is The Ripple vs. SEC Lawsuit Indeed Over After This Development? Jordan Lyanchev | u...

Crypto News | Custodia, Vantage launch first US bank-issued stablecoin called Avit on Ethereum Assad...

Cardano Price Prediction: As Analysts Warn Of Big Correction, Investors Rotate To New ADA Rival Tipp...

Wall Street thinks America will enter recession before 2025 ends Jai Hamid | usagoldmines.com

Impact of Ethereum Foundation sales on ETH price is overblown – CoinGecko research Hannah Collymore ...

Bitcoin OG Arthur Hayes Predicts Bitcoin ‘More Likely’ To Rocket To $110,000 Amid Fed’s Policy Shift...

Ethereum Accumulation Is Almost Over – Breakout Above $2,200 Could Trigger Expansion Phase Sebastian...

Crypto News | Mt Gox Makes Another Billion-Dollar Bitcoin Move, More Payouts on the Way? Mandy Will...

Crypto News | Blocksquare Unveils Upgrade to Its RWA Marketplace Infrastructure Chainwire | usagold...

Crypto News | Cardano Whales Fill Their Bags: ADA Bull Run Incoming? Dimitar Dzhondzhorov | usagold...

Crypto News | ZachXBT Claims Crypto.com’s Token Re-Issue Is ‘No Different From a Scam’ Chayanika De...

Crypto News | BlackRock Expands Crypto Presence in Europe with Launch of Bitcoin ETP Chayanika Deka...

Crypto News | Binance Wallet Suffers Insider Trading Allegations as Some Crypto Traders Move to Bes...

Crypto News | Bitcoin Meme Coin BTCBULL Hits $4M in ICO as Some Analysts Expect it to Pump Felix Mo...

Crypto News | Binance Cuts Ties with Market Maker That Gained $38M from MOVE Token Sales Mandy Will...

World Liberty Financial Launches USD1 Stablecoin Backed by US Treasuries and Dollar Reserves Mustafa...

CME Group partners with Google Cloud to explore tokenization using its Universal Ledger Florence Muc...

Will Ripple’s IPO Launch Spark an XRP Breakout? Key Price Levels to Watch Simon Chandler | usagoldmi...

Meme Coins Are Exploding Again – PEPE Leads With Bullish Breakout Alejandro Arrieche | usagoldmines....

Can Berachain Overtake Solana? Smart Contract Bulls Eye Fresh Breakout Tim Hakki | usagoldmines.com

Is Pi Network About to Explode? Analyst Spots Rare Bullish Pattern on Chart Simon Chandler | usagold...

DeFi platform MIM Spell offers 20% bounty to hacker after $12.9 million ETH heist Oluwapelumi Adejum...

Crypto News | World Liberty Financial releases USD1 stablecoin plans to ease pressure from scam clon...

Crypto News | BlackRock taps Solana for BUIDL tokenized fund as Bitcoin ETP debuts in Europe Oluwape...

Open House Japan accepts $DOGE, $SOL, $XRP. Victor | usagoldmines.com

China’s Crypto Shift: Hong Kong ETF Issuer Speaks Out Victor | usagoldmines.com

TMTG Teams Up with Crypto.com for American ETFs Victor | usagoldmines.com

Polymarket Now Accepts Solana Deposits Starting March 24th Victor | usagoldmines.com

Trump launches his USD1 stablecoin, backed by US treasuries and dollar Jai Hamid | usagoldmines.com

GMX smart contracts hacked for 6,260 ETH Hristina Vasileva | usagoldmines.com

US Senators push Trump’s administration and allies to transfer over $300B seized Russian assets Flor...

Pepe Coin (PEPE) Targets 5x, But Mutuum Finance (MUTM) Steals the Spotlight as it Eyes $1.50? Crypto...

U.S. Treasury yields surge following expectations of Trump’s tariffs being more limited in scope Col...

Are altcoin ETFs just a marketing ploy? Canary Capital’s PENGU ETF filing controversy Florence Mucha...

Crypto Expert Arthur Hayes Reveals Why Bitcoin Price Will Touch $110,000 Before $76,500 Scott Mather...

How safe is Signal, the so-called encrypted messaging app that placed US national security at risk? ...

Senator Elizabeth Warren questions SEC chair nominee Paul Atkins Cryptopolitan News | usagoldmines.c...

India demands $601 million in tax from Samsung for telecom imports Florence Muchai | usagoldmines.co...

China’s state telcos cut back investments, braces for 6G Florence Muchai | usagoldmines.com

Why Mutuum Finance (MUTM) Is Considered As The ‘BNB Killer’ And Analysts Are Backing It To Replicate...

Selected FinTech Startups from 14 Countries Will Compete for Prizes Worth More Than €60k – Money Mot...

5 Pi Network Competitors to Turn $100 Into $100K in April Market Recovery Cryptopolitan Media | usag...

Standard Chartered Says Bitcoin Beats Tesla in Returns and Volatility – What It Means for BTC Price ...

BNB Bounces Back: Uptrend Resumes After A Healthy Pullback Godspower Owie | usagoldmines.com

Crypto News | Crypto liquidations fall 76% over last 2 weeks as Bitcoin consolidates above $80k Liam...

Crypto News | Bitcoin gains state-level traction in Arizona, Kentucky, and Oklahoma Oluwapelumi Adej...

Can Ethereum Hit $5,000 Before Solana Reaches $300? Arthur Hayes Thinks So! Mustafa Mulla | usagoldm...

Telegram Adds INJ to Its Wallet Victor | usagoldmines.com

Stablecoins supply on Ethereum surges to all-time high over $132.4 billion Collins J. Okoth | usagol...

Blackrock’s new Dubai Emirates NBD partnership opens UAE to fast-growing private markets Florence Mu...

BlackRock’s tokenized money market fund lands on Solana Jai Hamid | usagoldmines.com

Pelago Labs launches supply chain financing platform on Stellar network Collins J. Okoth | usagoldmi...

Enormous Bitcoin Whale Awakens After 8 Years Of Dormancy As Another Scoops Up $200 Million In BTC  B...

Bitcoin Price Unfazed As Long-Bankrupt Exchange Mt. Gox Makes $1 Billion BTC Transfer Brenda Ngari |...

Trump’s World Liberty Launches $USD1 on BNB Chain Victor | usagoldmines.com

South Korea to launch special probe for ‘made in Korea’ violations ahead of US tariffs Florence Much...

Elon Musk’s D.O.G.E creates more jobless people than ever in America Jai Hamid | usagoldmines.com

Metaplanet Spends Another $12.6 Million Buying Bitcoin Just Days After Bringing On Eric Trump As Adv...

Binance Ends Market-Making for Movement (MOVE) Project Hassan Shittu | usagoldmines.com

YOAKE and OpenSea Partner to Bring ‘The Seven Deadly Sins’ on Sony’s Soneium Sead Fadilpašić | usago...

Kentucky Governor Signs ‘Bitcoin Rights’ Bill into Law, Joining Growing Crypto Push Ruholamin Haqsha...

Arbitrum DAO Debates Revoking Gaming Fund Over Lack of Progress Ruholamin Haqshanas | usagoldmines.c...

India eyes tariff cut on $23B of US imports to shield $66B in exports Florence Muchai | usagoldmines...

Bitcoin could be the Mag 7’s next big upgrade—At Tesla’s expense Nellius Irene | usagoldmines.com

Dogecoin Breaks Above Bullish Daily Pattern – Analyst Sees A Surge To $0.43 Sebastian Villafuerte | ...

Best Altcoins to Buy as $USDC Stablecoin Receives Approval for Use in Japan Krishi Chowdhary | usago...

Leave a Reply