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How much waste, fraud, and abuse has Elon Musk identified in government spending, and what is his goal?

Elon Musk's overall goal is to reduce the deficit by approximately $1 trillion. He emphasizes that America faces a staggering $2 trillion annual deficit due to massive waste, fraud, and abuse in government spending. This situation requires urgent attention because, as Musk explains, a country is no different from an individual - both can go bankrupt if they consistently overspend. Musk warns that if the deficit is not brought under control, America will face bankruptcy. He stresses this is a critical concept for people to understand, as fiscal responsibility at the national level is essential for the country's long-term stability and economic health.

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11:23

From

Elon Musk Discusses National Debt Impact

Fox News·8 months ago

Answered in this video

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00:17

What did Sean Hannity say about how bureaucrats misused tax dollars?

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00:26

What are the consequences of overspending on government programs according to Donald Trump?

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02:48

Will Social Security and Medicare be affected by proposed budget cuts?

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00:02

What kind of problem will people not have much of according to Donald Trump?

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00:24

What does Donald Trump think about Elon Musk's character and capabilities?

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