WASHINGTON: Tech billionaire Elon Musk, who has been tapped by President Donald Trump to lead federal cost-cutting efforts, said Tuesday that the United States would go “bankrupt” without budget cuts.
Musk leads the efforts under the newly created Department of Government Efficiency (DOGE), and was speaking at the White House with Trump, who has in recent weeks unleashed a flurry of orders aimed at slashing federal spending.
In particular, Musk took aim at the country’s budget deficit, which topped $1.8 trillion in the last fiscal year.
He said that reducing federal expenses was not optional.
The remarks, however, came as the Trump administration finds itself on a collision course with the US courts, as federal judges questioned the legality of White House cost-cutting measures.
Trump’s sweeping plans, which have effectively shuttered some federal agencies and sent staff home, have sparked legal battles across the country.
Multiple lawsuits seek to halt what opponents characterize as an illegal power grab.
Asked about his conflicts of interest on Tuesday, Musk, who also heads SpaceX — which has multiple US government contracts — and Tesla, said he is seeking to be as transparent as possible.
The DOGE reform team has triggered alarm among critics as well by gaining access through the US Treasury to the personal and financial data of millions in the United States.
Musk, with Trump at White House, says US will go ‘bankrupt’ without cuts
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Musk, with Trump at White House, says US will go ‘bankrupt’ without cuts
- Trump administration finds itself on a collision course with the US courts, as federal judges questioned the legality of White House cost-cutting measures
- Musk, who also heads SpaceX — which has multiple US government contracts — and Tesla, said he is seeking to be as transparent as possible
Germany plays down threat of US invading Greenland after talks
WASHINGTON: Germany’s top diplomat on Monday played down the risk of a US attack on Greenland, after President Donald Trump’s repeated threats to seize the island from NATO ally Denmark.
Asked after meeting Secretary of State Marco Rubio about a unilateral military move by Trump, German Foreign Minister Johann Wadephul said: “I have no indication that this is being seriously considered.”
“Rather, I believe there is a common interest in addressing the security issues that arise in the Arctic region, and that we should and will do so,” he told reporters.
“NATO is only now in the process of developing more concrete plans on this, and these will then be discussed jointly with our US partners.”
Wadephul’s visit comes ahead of talks this week in Washington between Rubio and the top diplomats of Denmark and Greenland, which is an autonomous territory of Denmark.
Trump in recent days has vowed that the United States will take Greenland “one way or the other” and said he can do it “the nice way or the more difficult way.”
Greenland’s government on Monday repeated that it would not accept a US takeover under “any circumstance.”
Greenland and NATO also said Monday that they were working on bolstering defense of the Arctic territory, a key concern cited by Trump.
Trump has repeatedly pointed to growing Arctic activity by Russia and China as a reason why the United States needs to take over Greenland.
But he has also spoken more broadly of his desire to expand the land mass controlled by the United States.
