Elon Musk and entrepreneur Vivek Ramaswamy are leading a new US government initiative called the Department of Government Efficiency (DOGE) aimed at reducing the federal budget deficit. DOGE will focus on cutting regulations, reducing wasteful expenditures, and restructuring federal agencies. While DOGE is not an official government department, its directives could be implemented by Trump's supporters in Congress. Musk and Ramaswamy will not receive compensation for their work, and the project will be staffed by unpaid workers. The initiative has gained support from GOP congressmen and has formed the Congressional Delivering Outstanding Government Efficiency (DOGE) Caucus. Musk and Ramaswamy also plan to launch a podcast called the "DOGEcast" to provide updates on their efforts. The DOGE initiative has led to increased interest in Dogecoin, the cryptocurrency that shares an acronym with the project.



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