BlockBeats News: On November 15th, US President elect Trump announced on Thursday that the government efficiency group led by Musk will release a report on its efforts to streamline the US government. In a speech at Mar-a-Lago estate in Florida, Trump said, "They will produce a separate report, and there will be a big report in the end
This is the first time since the announcement of the panel earlier this week that Trump has provided new details about the panel's report. Trump stated on Tuesday that the group will provide advice and guidance from outside the government to streamline the government, cut regulation, reduce spending, and restructure federal agencies. Both Trump and Musk have stated that the group will significantly reduce its budget. However, the US Constitution grants Congress the power over the federal budget. Congress can accept or ignore the recommendations of external groups, such as the proposed efficiency group. (Golden Ten)