Trump plans government efficiency commission proposed by Elon Musk – Washington Examiner
Former President Donald Trump has announced his intention to establish a government efficiency commission, inspired by a suggestion from Tesla founder Elon Musk. This initiative, articulated during a speech at the Economic Club of New York, aims to conduct a comprehensive audit of the federal government to identify areas for significant reforms and cost savings. Trump claims that the commission could lead to the elimination of fraud and improper payments, potentially saving “trillions of dollars.”
The discussion of this commission arose after Trump and Musk interacted on social media, with Musk expressing his willingness to assist in the project. This move aligns with the broader Republican agenda to challenge the current administration’s regulatory practices, which they assert erode congressional authority. Trump has consistently criticized the regulatory state, advocating for the elimination of regulations at a rate of ten to one compared to new regulations. He also mentioned plans to lower the corporate tax rate to 15% for manufacturing companies, further emphasizing his commitment to reducing federal government interference.
Trump plans government efficiency commission proposed by Elon Musk
Former President Donald Trump’s latest push to gut the regulatory state is the formation of a government efficiency commission akin to what Tesla founder Elon Musk has proposed.
Trump announced the move Thursday during a speech before the Economic Club of New York. The commission will perform “a complete financial and performance audit of the entire federal government,” Trump told the crowd.
The commission will also make recommendations for “drastic reforms,” including ways to reduce fraud in the federal government and improper payments, he said. Trump said his plan will “save trillions of dollars,” calling the savings “massive.”
News about the commission follows a conversation that Trump had with Musk on X. The SpaceX founder pushed the former president to organize such a task force and volunteered to help with the endeavor.
The proposed commission is just the latest foray into the Republican fight against regulations and the administrative state. Republicans have lambasted President Joe Biden for the raft of rulemaking and use of federal agencies.
They contend that Biden has used rulemaking to shape policy while circumventing congressional authority.
Trump has long railed against the regulatory state. In 2016, he campaigned on the idea that the administration should eliminate two existing regulations for every new one. On Thursday he called for that number to be upped to that to the elimination of 10 regulations for every one.
Trump also said he will propose lowering the corporate tax rate to 15% for companies that manufacture their products in the U.S.
Republicans in Congress have also targeted the administrative state.
Earlier this year, House Majority Whip Tom Emmer (R-MN) introduced a bill, dubbed the Sunset Act, that would require all major rules to expire 10 years after they are enacted unless approved by both chambers of Congress under a joint resolution.
Rep. Kat Cammack (R-FL) has her own plan, known as the REINS Act. The Regulations from the Executive In Need of Scrutiny Act targets rulemaking from the executive branch and would mandate that every new “major rule” proposed by federal agencies must be approved by both the House and Senate before going into effect.
The REINS Act describes a “major rule” as any federal rule or regulation that may result in an annual economic effect of more than $100 million, a major increase in consumer prices, or adverse effects on competition, employment, and investment, among other strictures.
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