Former President Donald J. Trump unveiled a slate of new economic plans Thursday, including the creation of a government efficiency commission that he said Elon Musk has agreed to lead if the former President is elected in November.
“At the suggestion of Elon Musk, who has given me his complete and total endorsement … I will create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government and making recommendations for drastic reforms,” Trump said in remarks at the Economic Club of New York. “We need to do it. Can’t go on the way we are now.”
Mr. Trump in his speech also outlined proposals aimed at further reducing the corporate tax rate and tackling government regulations, including those aimed at energy production. He also vowed to rescind all unspent funds from one of the key laws passed under the Biden administration, embraced cryptocurrency and reaffirmed his plan to place sweeping tariffs on imports.
Trump’s government efficiency commission proposal follows a recent conversation he had with Musk on X, during which the Tesla CEO suggested that the former president should create such a group in an effort to tackle inflation and appoint him to it.
“I’d love it,” Trump responded at the time.
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