President Trump & Elon Musk in the Oval Office: Full Remarks

00:30:29
https://www.youtube.com/watch?v=gAuTb-yMNk4

Resumo

TLDRThe video highlights a significant initiative aimed at addressing corruption, waste, and inefficiencies within the government, particularly focusing on the Doge initiative led by Elon Musk and his team. They outline the shocking discovery of billions in mismanaged funds and emphasize the imperative to close the feedback loop between elected officials and the public. The discussion touches on the need for improved accountability and transparency in government spending, as well as proposals to cut down a staggering $2 trillion budget deficit. Through systematic reforms, Musk advocates shifting low-productivity roles to more productive ones, increasing economic growth, and ensuring proper allocation of taxpayer dollars.

Conclusões

  • 💰 Fraud and abuse in government spending is rampant, totaling billions.
  • 🕵️‍♂️ A focus on improving bureaucratic oversight may enhance democracy.
  • 📉 Tackling a $2 trillion budget deficit is deemed crucial for fiscal stability.
  • 🔍 Transparency in government actions is emphasized by the speakers.
  • 🚫 Inefficient payment practices lead to wasted taxpayer money.
  • 📈 Shifting roles to increase productivity can greatly benefit the economy.
  • 📜 Checks and balances are necessary for responsible fiscal governance.
  • 🤝 Collaboration with agency heads is central to the initiative's strategy.
  • 📊 Identifying fraud could lead to substantial budgetary savings.
  • 🤔 Questions surrounding conflict of interest are raised regarding federal contracts.

Linha do tempo

  • 00:00:00 - 00:05:00

    The event discusses a significant deal involving Doge, highlighting concerns over widespread corruption, fraud, and waste within government spending. There is a strong call for accountability and transparency as leaders like Elon Musk share insights into this issue, emphasizing the need for a rigorous examination of governmental financial practices.

  • 00:05:00 - 00:10:00

    Elon Musk expresses the critical need to restore democracy by ensuring a functional feedback loop between citizens and their elected representatives. He argues that the current bureaucratic system holds excessive power and undermines democratic principles, advocating for reforms that realign government responses with public will.

  • 00:10:00 - 00:15:00

    Musk details the staggering state of financial mismanagement in various governmental departments, pointing to glaring inefficiencies such as the absence of proper payment categorization, which allows for unchecked disbursements that lack both accountability and justification, suggesting a black hole for taxpayer dollars.

  • 00:15:00 - 00:20:00

    He continues to illustrate the need for fundamental financial controls by explaining that many payments lack essential categorization codes or explanations, leading to a situation where taxpayer money is squandered with little oversight. He urges for common-sense reforms to rectify this systemic issue, ultimately serving the interests of the American public.

  • 00:20:00 - 00:25:00

    Musk mentions attempts to optimize the bureaucratic process to reduce unnecessary expenses and improve productivity, including outrageous anecdotes about how federal retirement paperwork is handled, showcasing a system that hinders fiscal responsibility and efficiency, thus needing urgent reform.

  • 00:25:00 - 00:30:29

    The discussion turns towards the financial fraud uncovered already and the difficulties faced in reforming corrupt systems. Both Musk and the President highlight their commitment to uncovering wasteful spending practices and tackling issues like excessive government contracts, with implications that address budget deficits and future funding sustainability.

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Vídeo de perguntas e respostas

  • What is the main topic discussed in the video?

    The discussion focuses on government corruption and wasteful spending, specifically related to the Doge initiative.

  • What significant financial issue is mentioned?

    The video addresses a $2 trillion budget deficit and the necessity to cut it down.

  • Who is involved in the discussion?

    The discussion features Elon Musk and a speaker associated with the Doge initiative.

  • What are the key recommendations made in the discussion?

    The recommendations include enhancing transparency, implementing better controls in government spending, and addressing issues in federal agencies.

  • What examples of fraud are mentioned?

    Examples include improper payments and contracts that extend beyond their intended duration.

  • What role does bureaucracy play according to the speakers?

    Bureaucracy is seen as a hindrance to democracy and proper governance, leading to inefficiencies.

  • How does Musk propose to increase productivity in government?

    He suggests shifting roles from low-productivity positions to high-productivity roles to increase total output.

  • What is the expected outcome of the proposed reforms?

    The desired outcome is to reduce the budget deficit, increase economic growth, and ensure taxpayer money is spent effectively.

  • Are there transparency measures in place?

    Yes, Musk claims that their actions are maximally transparent and available to the public.

  • What steps are being taken regarding federal workers?

    A buyout program for federal workers is mentioned as part of the plan to reduce government size.

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  • 00:00:00
    and we're going to be signing a very
  • 00:00:02
    important uh deal today it's Doge and
  • 00:00:06
    I'm going to ask Elon to tell you a
  • 00:00:08
    little bit about it and some of the
  • 00:00:10
    things that we found which is shocking
  • 00:00:13
    billions and billions of dollars in
  • 00:00:15
    waste Fraud and Abuse and uh I think
  • 00:00:19
    it's very important and that's one of
  • 00:00:20
    the reasons I got elected I said we're
  • 00:00:22
    going to do that nobody had any idea was
  • 00:00:25
    that bad that sick and that corrupt and
  • 00:00:27
    it seems hard to believe that judges to
  • 00:00:30
    try and stop us from looking for
  • 00:00:31
    corruption especially when we found
  • 00:00:34
    hundreds of millions of dollars worth
  • 00:00:36
    much more than that in just a short
  • 00:00:38
    period of time we want to weed out the
  • 00:00:40
    corruption and it seems hard to believe
  • 00:00:43
    that a judge could say uh we don't want
  • 00:00:44
    you to do that well so maybe we have to
  • 00:00:48
    look at the judges because that's a very
  • 00:00:50
    serious I think it's a very serious
  • 00:00:52
    violation uh I'll ask Elon Musk to say a
  • 00:00:57
    few words and uh we'll take some
  • 00:00:59
    questions El go ahead uh sure so the uh
  • 00:01:05
    at at a high level if you say what is
  • 00:01:07
    the goal of do or or and and I think a
  • 00:01:10
    significant part of this presidency is
  • 00:01:12
    to
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    restore uh democracy this may seem seem
  • 00:01:17
    like well aren't we in a democracy well
  • 00:01:18
    if you don't have a feedback okay we
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    would have to if you if
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    you
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    sorry tell you gravitas can be difficult
  • 00:01:27
    sometimes um so uh if if if there's not
  • 00:01:32
    a good feedback loop from the people to
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    to the government and if if you have
  • 00:01:37
    rule of the the bureaucrat if the
  • 00:01:39
    bureaucracy is in charge and then then
  • 00:01:42
    what meaning does democracy actually
  • 00:01:44
    have if the people cannot vote and have
  • 00:01:47
    their will be decided by their elected
  • 00:01:49
    representatives in the in the form of
  • 00:01:51
    the president and and the Senate and the
  • 00:01:53
    house then we don't live in a democracy
  • 00:01:56
    we live in a
  • 00:01:57
    bureaucracy so it's incredibly important
  • 00:01:59
    that we close that feedback loop we fix
  • 00:02:01
    that feedback loop and that the public
  • 00:02:04
    uh the Public's elected representatives
  • 00:02:06
    the president the house and the Senate
  • 00:02:08
    decide what happens as opposed to a
  • 00:02:10
    large unelected bureaucracy this is not
  • 00:02:14
    to say that there aren't some good there
  • 00:02:15
    are good people who who uh are in the
  • 00:02:18
    federal bureaucracy but but you can't
  • 00:02:20
    have an autonomous Federal bureaucracy
  • 00:02:23
    you have to have one that is responsive
  • 00:02:24
    to the people that's the whole point of
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    a
  • 00:02:28
    democracy um and so
  • 00:02:30
    um and if if you looked at the if you
  • 00:02:32
    asked looked at the founders today and
  • 00:02:34
    said what do you think of the way things
  • 00:02:36
    have turned out well what we have this
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    unelected uh fourth unconstitutional
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    branch of of government which which is
  • 00:02:43
    the bureaucracy which has in a lot of
  • 00:02:45
    ways currently more power than any
  • 00:02:47
    elected
  • 00:02:48
    representative and this is uh this is
  • 00:02:51
    not something that people want um and
  • 00:02:54
    it's it's not it does not match the will
  • 00:02:56
    of the people so it's just something
  • 00:02:58
    we've got to we've got to fix and then
  • 00:03:00
    we also got to address the the deficit
  • 00:03:01
    so we've got a $2 trillion deficit and
  • 00:03:05
    if this if we don't do something about
  • 00:03:06
    this deficit country is going bankrupt I
  • 00:03:09
    mean it's it's really astounding that
  • 00:03:12
    the uh the interest payments alone on
  • 00:03:15
    the national debt exceed the defense
  • 00:03:17
    department budget which is shocking
  • 00:03:20
    because we got a lot we spend a lot of
  • 00:03:21
    money on defense but and and if that
  • 00:03:24
    just keeps going we're essentially going
  • 00:03:26
    to bankrupt the country so what what I
  • 00:03:28
    really want to say is like it's not
  • 00:03:29
    option for us to sit to reduce the
  • 00:03:32
    federal expenses it's essential it's
  • 00:03:34
    essential for America to remain solvent
  • 00:03:37
    as a country and it's essential for
  • 00:03:39
    America to have the resources necessary
  • 00:03:41
    to provide things to its citizens and
  • 00:03:43
    not simply be servicing vast amounts of
  • 00:03:46
    debt and also could you mention some of
  • 00:03:48
    the things that your team has found some
  • 00:03:51
    of the crazy numbers including the woman
  • 00:03:54
    that walked away with about 30 million
  • 00:03:57
    right Etc well we we we are we do find
  • 00:03:59
    it sort of rather odd that um you know
  • 00:04:02
    there there are quite a few uh people in
  • 00:04:05
    in um in the bureaucracy who who have a
  • 00:04:09
    ostensibly a salary of a few hundred,
  • 00:04:11
    but somehow managed to acrw tens of
  • 00:04:13
    millions of dollars in net worth uh
  • 00:04:15
    while they are in that position which is
  • 00:04:18
    you know what what happened at usaid
  • 00:04:20
    we're just curious as to where it came
  • 00:04:21
    from um maybe they're very good at
  • 00:04:23
    investing they which case we should take
  • 00:04:25
    their investment advice perhaps um but
  • 00:04:28
    uh just this it seems to be mysteriously
  • 00:04:30
    they they get wealthy we don't why where
  • 00:04:33
    does it come from um and uh I think the
  • 00:04:36
    reality is that they're getting wealthy
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    at tax bear expense that's that's the
  • 00:04:40
    that's the honest truth of it so uh you
  • 00:04:43
    know we're looking at um say uh well we
  • 00:04:47
    just if you look at say say treasury for
  • 00:04:50
    example um basic controls that should be
  • 00:04:53
    in place uh that are in place in in any
  • 00:04:55
    company uh such as making sure that any
  • 00:04:58
    given payment has a payment cap
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    categorization code that there is a
  • 00:05:01
    comment field that describes the payment
  • 00:05:04
    um and that if it if a payment is on the
  • 00:05:06
    do not pay list that you don't actually
  • 00:05:08
    pay it none of those things are true
  • 00:05:10
    currently so the reason that departments
  • 00:05:13
    can't pass ords is because the payments
  • 00:05:15
    don't have a categorization code it's
  • 00:05:17
    like just a massive number of blank
  • 00:05:19
    checks just flying out the building so
  • 00:05:21
    you can't reconcile blank checks um
  • 00:05:23
    you've got comment fields that are also
  • 00:05:25
    blanks you don't know why the payment
  • 00:05:26
    was made um and then we've got this a
  • 00:05:29
    truly abs a do not pay list which can
  • 00:05:31
    take up to a year for an organization to
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    get on a do not pay list um and and this
  • 00:05:37
    we're talking about terrorist
  • 00:05:38
    organizations we're talking about uh
  • 00:05:40
    known fraudsters known aspects of waste
  • 00:05:43
    known things that do not match any
  • 00:05:45
    Congressional appropriation can take up
  • 00:05:47
    to a year to get on the list and even
  • 00:05:49
    once on the list the list is not
  • 00:05:51
    used it's
  • 00:05:53
    mindblowing so so what we're talking
  • 00:05:56
    here we're really just talking about
  • 00:05:58
    adding common sense controls that should
  • 00:06:01
    be present uh that that haven't been
  • 00:06:04
    present so you say like well how could
  • 00:06:06
    such a thing arise that's that seems
  • 00:06:08
    that seems crazy that when you
  • 00:06:10
    understand that that really everything
  • 00:06:11
    is geared towards complaint
  • 00:06:14
    minimization so that that then you
  • 00:06:16
    understand the motivations so if people
  • 00:06:18
    receive money they don't complain
  • 00:06:20
    obviously um but if people don't receive
  • 00:06:23
    money they do complain and and the
  • 00:06:26
    frauds does complain the loudest and the
  • 00:06:28
    fastest so
  • 00:06:30
    uh then when you understand that then
  • 00:06:32
    then it makes sense oh that's why
  • 00:06:34
    everything just they approve all the
  • 00:06:36
    payments at treasury because if you
  • 00:06:39
    approve all the payments you don't you
  • 00:06:40
    don't get
  • 00:06:42
    complaints but now now we're saying no
  • 00:06:44
    actually we we all going to complain if
  • 00:06:46
    if money is spent badly if the if your
  • 00:06:48
    taxpayer dollars are not spent in a
  • 00:06:50
    sensible and pral manner then that's not
  • 00:06:53
    okay your your tax dollars need to be
  • 00:06:55
    spent wisely on things that matter to
  • 00:06:58
    the people
  • 00:07:00
    I mean these things like it's just
  • 00:07:02
    common sense it's
  • 00:07:03
    not it's it's not Draconian or radical I
  • 00:07:07
    think it's it's really just saying let's
  • 00:07:09
    look at each each of these expeditures
  • 00:07:10
    and say is this actually in the best
  • 00:07:12
    interest of the people and if it is it's
  • 00:07:14
    proved if if it's not we should think
  • 00:07:16
    about
  • 00:07:17
    it so um you know there's crazy things
  • 00:07:21
    like just Cur re examination of Social
  • 00:07:24
    Security and we've got people in there
  • 00:07:25
    that are 150 years old now do you know
  • 00:07:29
    anyone 150 I don't okay um they should
  • 00:07:32
    be on the Guinness bookal World Records
  • 00:07:34
    they're missing out um so you know
  • 00:07:38
    that's a case where like I think they're
  • 00:07:39
    probably dead it's my guess or or they
  • 00:07:42
    should be very famous one of the two um
  • 00:07:45
    and then that a whole bunch of Social
  • 00:07:47
    Security payments where there's no
  • 00:07:48
    identifi identifying information well
  • 00:07:50
    like why is there no identifying
  • 00:07:52
    information um obviously you want to
  • 00:07:54
    make we want to make sure that people
  • 00:07:55
    who deserve uh to receive Social
  • 00:07:57
    Security do receive it um and that they
  • 00:08:00
    receive it quickly and accurately um I
  • 00:08:03
    tell another crazy thing so you know one
  • 00:08:06
    of the things is like we are trying to
  • 00:08:07
    sort of rightsize the the federal
  • 00:08:09
    bureaucracy just make sure that this
  • 00:08:11
    obviously need there need to be a lot of
  • 00:08:12
    people working for the federal
  • 00:08:13
    government but not as many as currently
  • 00:08:15
    so we're saying well okay well let's if
  • 00:08:17
    if people can retire you know with full
  • 00:08:20
    benef benefits and everything that that
  • 00:08:21
    would be good they can retire get their
  • 00:08:23
    retirement payments everything and then
  • 00:08:25
    we were told this is actually I think a
  • 00:08:26
    great anecdote uh because we're told no
  • 00:08:28
    the the most number of people that could
  • 00:08:30
    retire possibly in a month is 10,000
  • 00:08:32
    we're like well why why why is that well
  • 00:08:35
    because all the all the retirement
  • 00:08:38
    paperwork is manual on paper it's
  • 00:08:41
    manually calculated then written down on
  • 00:08:42
    a piece of paper then it goes down a
  • 00:08:45
    mine I'm like what do you mean a mine
  • 00:08:47
    like yeah there's a limestone mine where
  • 00:08:49
    we store all the retirement paperwork
  • 00:08:53
    that look and you look a picture at a
  • 00:08:54
    picture of this mine we'll post some
  • 00:08:55
    pictures afterwards um and this this
  • 00:08:57
    mine looks like something out of the 50s
  • 00:08:59
    because it was started in
  • 00:09:01
    1955 so it looks like it's like a Time
  • 00:09:04
    Warp and then the speed then the
  • 00:09:07
    limiting factor is the speed at which
  • 00:09:08
    the mine shaft elevator can move
  • 00:09:11
    determines how many people can retire
  • 00:09:13
    from the federal federal
  • 00:09:15
    government and the elevator breaks down
  • 00:09:17
    and then sometimes and then you can't
  • 00:09:19
    nobody can
  • 00:09:21
    retire doesn't that sound crazy there's
  • 00:09:24
    like a thousand people that work on this
  • 00:09:25
    so I think if we can take those people
  • 00:09:27
    and say like you know what instead of
  • 00:09:29
    working in a m shaft and uh carrying
  • 00:09:32
    manilla envelopes to you know boxes in a
  • 00:09:35
    m shaft you could do practically
  • 00:09:37
    anything else and you you would add to
  • 00:09:40
    the the goods and services of the United
  • 00:09:42
    States um in a more useful
  • 00:09:45
    way
  • 00:09:46
    so anyway so I think you know that's an
  • 00:09:49
    example at like at a high level if you
  • 00:09:51
    say like how do we increase Prosperity
  • 00:09:52
    is we get people to do to to to shift
  • 00:09:54
    from roles that are low to negative
  • 00:09:57
    productivity to high productivity roles
  • 00:10:00
    and so you increase the total output of
  • 00:10:01
    goods and services which means that
  • 00:10:03
    there's a higher standard of living
  • 00:10:04
    available for
  • 00:10:06
    everyone that's that's the actual
  • 00:10:09
    goal everyone's very quiet by the
  • 00:10:12
    way
  • 00:10:14
    quiet your detractors Mr musk I what
  • 00:10:17
    including a lot of Democrats I have
  • 00:10:19
    detractors you do sir I don't believe it
  • 00:10:21
    say that you're orchestrating a hostile
  • 00:10:24
    takeover of government and doing it in a
  • 00:10:26
    non-transparent way what's your respons
  • 00:10:29
    to that criticism well first of all uh
  • 00:10:33
    you couldn't ask for a stronger mandate
  • 00:10:35
    from from the public uh the public voted
  • 00:10:39
    uh you we to have a majority of the
  • 00:10:41
    public vote voting for president Trump
  • 00:10:44
    uh we won the house who won the Senate
  • 00:10:48
    um the people voted for major government
  • 00:10:52
    reform there should be no doubt about
  • 00:10:54
    that that was on the campaign the
  • 00:10:57
    president spoke about that at every
  • 00:10:58
    rally the people voted for for major
  • 00:11:00
    government reform and that's what people
  • 00:11:02
    are going to get they're going to get
  • 00:11:03
    what they voted for and and a lot of
  • 00:11:06
    times that you know people that don't
  • 00:11:08
    get what they voted for but in this
  • 00:11:09
    presidency they are going to get what
  • 00:11:11
    they voted for and that's what democracy
  • 00:11:13
    is all
  • 00:11:15
    about Mr musk the White House says that
  • 00:11:17
    you will identify and excuse yourself
  • 00:11:19
    from any conflicts of interests that you
  • 00:11:21
    may have does that mean that you are in
  • 00:11:23
    effect policing yourself what are the
  • 00:11:26
    checks and balances that are in place to
  • 00:11:27
    ensure that there's accountability and
  • 00:11:29
    transparency no well we actually are
  • 00:11:32
    trying to be as transparent as possible
  • 00:11:34
    in fact our actions WE Post our actions
  • 00:11:36
    to the the Doge handle uh on X um and to
  • 00:11:40
    the Doge website so all of our actions
  • 00:11:42
    we are are maximally transparent in fact
  • 00:11:45
    I don't think there's been I I don't
  • 00:11:47
    know of a case where where an
  • 00:11:49
    organization has been more transparent
  • 00:11:50
    than the Doge organization um and and so
  • 00:11:54
    you know and the kind of things we're
  • 00:11:56
    doing are I think very very simple and
  • 00:11:58
    basic they're not we're you know what I
  • 00:12:00
    mentioned for for example about treasury
  • 00:12:02
    just making sure that that payments that
  • 00:12:05
    go out taxpayer money that goes out is C
  • 00:12:07
    categorized correctly that the that the
  • 00:12:09
    the payment is explained that
  • 00:12:11
    organizations on the do not pay list
  • 00:12:13
    which are takes a lot to get there that
  • 00:12:15
    actually are not paid which currently
  • 00:12:17
    they are paid these These are these are
  • 00:12:19
    not individual judgment decisions these
  • 00:12:22
    are about Simply Having sensible checks
  • 00:12:24
    and balances in the system itself to
  • 00:12:26
    ensure that taxpayer money is spent well
  • 00:12:28
    so it's got nothing to do with like say
  • 00:12:29
    a contract for some company of fine at
  • 00:12:31
    all but if there is a conflict of
  • 00:12:33
    interest when it comes to you yourself
  • 00:12:35
    for instance you've received billions of
  • 00:12:37
    dollars and federal contracts when it
  • 00:12:39
    comes to the Pentagon for instance uh
  • 00:12:41
    which the president I know has directed
  • 00:12:42
    you to look into are you policing
  • 00:12:44
    yourself in that is there any sort of
  • 00:12:47
    accountability check and balance in
  • 00:12:48
    place that would provide any
  • 00:12:50
    transparency for the American people
  • 00:12:52
    well all of our actions are are fully
  • 00:12:55
    public so if you see anything you say
  • 00:12:57
    like wait a second hey you that doesn't
  • 00:12:59
    seems like maybe that's you know there's
  • 00:13:01
    a conflict there I it's s like people
  • 00:13:04
    are going to be shy about saying that
  • 00:13:05
    they'll say it immediately you know
  • 00:13:06
    incling you yourself yes but it's it
  • 00:13:10
    transparency is what builds trust not
  • 00:13:12
    simply somebody asserting trust so not
  • 00:13:15
    somebody saying they're trustworthy but
  • 00:13:17
    transparency so you can see everything
  • 00:13:18
    that's going on and then you can see am
  • 00:13:20
    I doing something that benefits one of
  • 00:13:21
    my companies or not it's totally obvious
  • 00:13:24
    2 1 on the latest edition of theber
  • 00:13:26
    business podcast conversation with Max
  • 00:13:31
    musk offer
  • 00:13:34
    to that we watch that also he a big
  • 00:13:38
    businessman he's a successful guy that's
  • 00:13:39
    why we want him doing this we don't want
  • 00:13:41
    a an unsuccessful guy doing this now one
  • 00:13:45
    thing also that uh Elon hasn't really
  • 00:13:48
    mentioned are the groups of people that
  • 00:13:50
    are getting some of these payments
  • 00:13:52
    they're ridiculous and we're talking
  • 00:13:54
    about billions of dollars that we've
  • 00:13:55
    already found we found fraud and abuse
  • 00:14:00
    uh I would say those two words as
  • 00:14:01
    opposed to the third word that I usually
  • 00:14:03
    use but in this case Fraud and Abuse
  • 00:14:07
    it's abusive because most of these
  • 00:14:10
    things are virtually made up or
  • 00:14:12
    certainly money shouldn't be sent to
  • 00:14:14
    them and you know what I'm talking about
  • 00:14:15
    it's crazy so uh but we're talking about
  • 00:14:20
    uh tens of billions of dollars that
  • 00:14:22
    we've already found and now a judge
  • 00:14:24
    who's an activist judge uh wants to try
  • 00:14:28
    and stop us from doing this why why
  • 00:14:31
    would they want to do that I campaigned
  • 00:14:32
    on this I campaigned on the fact that I
  • 00:14:34
    said government is corrupt and it is
  • 00:14:36
    very corrupt it's very very uh it's also
  • 00:14:40
    foolish as an example a man has a
  • 00:14:43
    contract for three months and the
  • 00:14:46
    contract ends but they keep paying them
  • 00:14:47
    for the next 20 years you know because
  • 00:14:49
    nobody ends a contract you got a lot of
  • 00:14:50
    that you have a contract that's three a
  • 00:14:53
    three-month contract now normally if
  • 00:14:56
    you're in a small it's in in all
  • 00:14:57
    fairness it's the size of this thing is
  • 00:15:00
    so big yeah but if you have have a
  • 00:15:02
    contract and you're in a regular
  • 00:15:04
    business you end the contract in three
  • 00:15:05
    months you know it's a
  • 00:15:07
    consultant here's a contract for three
  • 00:15:09
    months but it goes on for 20
  • 00:15:11
    years and the guy doesn't say that he
  • 00:15:13
    got money for 20 years you know they
  • 00:15:15
    don't say it they just keep getting
  • 00:15:16
    checks month after month and you have
  • 00:15:19
    various things like that and even much
  • 00:15:21
    worse than that actually much worse and
  • 00:15:23
    I guess you call that incompetence maybe
  • 00:15:26
    it could be corruption it could be a
  • 00:15:27
    deals made on both sides know where you
  • 00:15:30
    got to get some money he kicks I think
  • 00:15:32
    he has a lot of Kickback here I see a
  • 00:15:34
    lot of Kickback here there's a lot of
  • 00:15:35
    Kickbacks a tremendous Kickback because
  • 00:15:37
    nobody could be so stupid to give out
  • 00:15:38
    some of these contracts so he has to get
  • 00:15:40
    a kickback so uh that's what I got
  • 00:15:44
    elected for that and borders and
  • 00:15:47
    Military and a lot of things but this is
  • 00:15:49
    a big part of it and I hope that the
  • 00:15:52
    court system is going to allow us to do
  • 00:15:54
    what we have to do we got elected to to
  • 00:15:57
    among other things f all of this fraud
  • 00:16:00
    abuse all of this this horrible stuff
  • 00:16:02
    going on and we've already found
  • 00:16:05
    billions of dollars not like a little
  • 00:16:07
    bit billions many billions of
  • 00:16:10
    dollars and when you get down to it it's
  • 00:16:13
    going to be probably close to a trillion
  • 00:16:15
    dollars it could be close to a trillion
  • 00:16:17
    dollars that we're going to find that
  • 00:16:19
    will have quite an impact on the budget
  • 00:16:22
    uh and and you'll go to a judge where
  • 00:16:25
    they handpick a judge and he has certain
  • 00:16:27
    leanings I'm not knocking anybody for
  • 00:16:30
    that but he has certain leanings and he
  • 00:16:32
    wants us to stop
  • 00:16:33
    looking how do you stop looking I mean
  • 00:16:36
    we've already found it we have a case in
  • 00:16:38
    New York where a hotel has paid $59
  • 00:16:41
    million 59 million because of because
  • 00:16:44
    it's housing migrants illegal migrants
  • 00:16:48
    all illegal I believe and and they were
  • 00:16:50
    being paid twice the normal room rate at
  • 00:16:52
    100% occupany unbelievable so it's AET I
  • 00:16:55
    ask a question you if I may sort of just
  • 00:16:58
    um going for the president's comments U
  • 00:17:01
    at at a at a high level say well what
  • 00:17:04
    how exact how
  • 00:17:06
    do what what are the two ingredients
  • 00:17:08
    that are really necessary in order to
  • 00:17:10
    cut the budget deficit in half from 2
  • 00:17:12
    trillion to 1 trillion and it's really
  • 00:17:14
    two things competence and caring and if
  • 00:17:19
    you add competence and caring you'll cut
  • 00:17:21
    the budget deficit in half and and and I
  • 00:17:25
    fully expect to be scrutinized and get
  • 00:17:27
    you know a daily proctology exam
  • 00:17:29
    basically um my so just camp out there
  • 00:17:31
    um so it's not like I think I can get
  • 00:17:34
    away with something I'll be scrutinized
  • 00:17:36
    non-stop um and uh but with support of
  • 00:17:39
    the president we can we can cut the
  • 00:17:40
    budget deficit in half from 2 trillion
  • 00:17:42
    to one um and then with uh deregulation
  • 00:17:46
    because there's a lot of sort of uh
  • 00:17:48
    regulations that don't ultimately serve
  • 00:17:50
    the public good um we need to free free
  • 00:17:52
    the buers of America to build and if we
  • 00:17:56
    do that that means I think we can get
  • 00:17:57
    the economic growth to be maybe 3 4%
  • 00:18:00
    maybe 5% um and that means if you can
  • 00:18:03
    get a trillion dollars of economic
  • 00:18:04
    growth and you cut the the budget
  • 00:18:05
    deficit by a
  • 00:18:07
    trillion between now and next year there
  • 00:18:10
    is no inflation there's no inflation in
  • 00:18:13
    26 and if the government is not
  • 00:18:15
    borrowing as much it means that interest
  • 00:18:17
    costs decline so everyone's the mortgage
  • 00:18:20
    their car payment their credit card
  • 00:18:22
    bills any their student debt the the
  • 00:18:24
    monthly payments
  • 00:18:26
    drop that's a fantastic
  • 00:18:29
    scenario for the average
  • 00:18:31
    American I mean imagine they're going
  • 00:18:34
    down the grocery AIS and the prices from
  • 00:18:37
    one year to the next are the
  • 00:18:39
    same and they're and they're they you
  • 00:18:42
    their mortgage all their debt payments
  • 00:18:45
    dropped how great is that for the
  • 00:18:47
    average
  • 00:18:48
    American we had no idea we had no idea
  • 00:18:51
    we were going to find this much and it's
  • 00:18:53
    open it's it's not like complicated it's
  • 00:18:56
    simple compated a lot of work we can't
  • 00:18:59
    believe it a lot of work a lot of smart
  • 00:19:01
    people involved very very smart people
  • 00:19:03
    but uh it's you're talking
  • 00:19:05
    about anywhere maybe 500 billion it's
  • 00:19:09
    crazy the kind of numbers you're talking
  • 00:19:11
    about you know normally when you're
  • 00:19:13
    looking at something you'll find you're
  • 00:19:14
    looking for one out of a 100 here you're
  • 00:19:17
    almost reversing it you look for one
  • 00:19:19
    that's good yeah and you can look at the
  • 00:19:21
    title and you say why are we doing this
  • 00:19:24
    why are we doing that and the public
  • 00:19:25
    gets it you know the public gets it
  • 00:19:27
    you've seen the polls the public is
  • 00:19:29
    saying why are we paying all this money
  • 00:19:30
    this for years this has gone
  • 00:19:34
    on yeah go ahead wait go ahead uh
  • 00:19:37
    Senator Rand Paul today said that Doge
  • 00:19:38
    Cuts will ultimately need a vote in
  • 00:19:40
    Congress do you agree with that is that
  • 00:19:42
    the plan I really don't know I I know
  • 00:19:44
    this we're finding tremendous fraud and
  • 00:19:47
    tremendous abuse if I need a vote of
  • 00:19:49
    Congress to find Fraud and Abuse it be
  • 00:19:52
    it's find with me I think we'll get the
  • 00:19:53
    vote although there'll be some people
  • 00:19:55
    that wouldn't vote and how could a judge
  • 00:19:58
    want to hold us back from finding all of
  • 00:20:00
    this fraud and finding all of this
  • 00:20:03
    incompetence why would that happen why
  • 00:20:05
    would even Congress want to do that now
  • 00:20:07
    Congress if if we do need a vote I think
  • 00:20:09
    we'd get a very easy vote because we
  • 00:20:11
    have a track record now we've already
  • 00:20:13
    found billions of dollars of abuse
  • 00:20:17
    incompetence and Corruption a lot of
  • 00:20:19
    corruption if a judge does block one of
  • 00:20:22
    your policies part of your agenda will
  • 00:20:24
    you abide by that ruling will you comp I
  • 00:20:26
    always abide by the courts and then I'll
  • 00:20:28
    have to feel it but then what he's done
  • 00:20:30
    is he slowed down the momentum and it
  • 00:20:32
    gives crooked people more time to cover
  • 00:20:35
    up the books you know if a person's
  • 00:20:37
    crooked and they get caught other people
  • 00:20:40
    see that and all of a sudden it becomes
  • 00:20:42
    hotter later on so yeah the answer is I
  • 00:20:45
    always abide by the courts always abide
  • 00:20:48
    by him and will appeal but appeals take
  • 00:20:51
    a long time and I would hope that a
  • 00:20:53
    judge if you go into a judge and you
  • 00:20:55
    show him here's a corrupt situation we
  • 00:20:58
    have a check to be sent but we found it
  • 00:21:01
    to be corrupt do you want us to send
  • 00:21:03
    this corrupt check to a person or do you
  • 00:21:05
    want us not to give it and give it back
  • 00:21:07
    to the taxpayer I would hope a judge
  • 00:21:09
    would say don't send it give it back to
  • 00:21:11
    the taxpayer yeah if I can add to that
  • 00:21:14
    what we're finding is that a bunch of
  • 00:21:15
    the fraud is not even going to Americans
  • 00:21:17
    so I think we can all agree that if
  • 00:21:19
    there's going to be fraud it should at
  • 00:21:20
    least go to Americans uh but a bunch of
  • 00:21:23
    the fraud rings that are operating in
  • 00:21:24
    the United States and taking advantage
  • 00:21:25
    of the federal government especially in
  • 00:21:27
    the entitlements programs are actually
  • 00:21:29
    foreign for rinks they're operating in
  • 00:21:30
    other countries and actually exporting
  • 00:21:32
    money to other
  • 00:21:33
    countries we should stop that Mr and
  • 00:21:37
    this is big big numbers talk about1 to
  • 00:21:39
    $200 billion a year sure serious money U
  • 00:21:42
    Mr musk you said on X that an example of
  • 00:21:45
    the fraud uh that you have cited was $50
  • 00:21:49
    million of condoms was sent to Gaza but
  • 00:21:52
    after fact check this it apparently Gaza
  • 00:21:56
    in mosm Beek and the program was to
  • 00:21:58
    protect them against HIV so can you
  • 00:22:01
    correct this statement it wasn't sent to
  • 00:22:03
    Hamas actually it was sent to mozambik
  • 00:22:05
    which makes sense why condoms was send
  • 00:22:07
    there and how can make we make sure that
  • 00:22:09
    all the statements that you said were uh
  • 00:22:12
    correct so we can trust what you say
  • 00:22:13
    well first of all uh some of the things
  • 00:22:15
    that I say will be incorrect and and
  • 00:22:17
    should be corrected so nobody's going to
  • 00:22:20
    bat a thousand I mean any you know we
  • 00:22:22
    will make mistakes but we'll act quickly
  • 00:22:24
    to correct any mistakes um so uh you
  • 00:22:28
    know if if the I'm not sure we should be
  • 00:22:30
    sending $50 million with the condoms to
  • 00:22:31
    anywhere uh frankly I'm not sure that's
  • 00:22:34
    something Americans would be really
  • 00:22:35
    excited about um and that that is really
  • 00:22:37
    an enormous number of condoms you think
  • 00:22:39
    about it um but uh you know if it if it
  • 00:22:42
    went to MOS Beque instead of Gaza I'm
  • 00:22:43
    like okay that's not as bad but still uh
  • 00:22:46
    you know why are we doing that thanks
  • 00:22:48
    much can you talk a little bit about how
  • 00:22:50
    closely you're working with agency heads
  • 00:22:52
    as you're directing these Cuts do they
  • 00:22:55
    have the how much input do agency have
  • 00:22:58
    have when you're making these decisions
  • 00:23:00
    uh yeah we work closely with the agency
  • 00:23:02
    heads um and um yeah so so there there
  • 00:23:06
    is there are sort of checks in place so
  • 00:23:08
    it's not us just going in and doing
  • 00:23:10
    things willy-nilly it's it's in uh uh
  • 00:23:13
    partnership with the agency heads and uh
  • 00:23:15
    and I checked prevently with the
  • 00:23:16
    president to make sure that you know the
  • 00:23:18
    this this is what the president wants to
  • 00:23:19
    have happen so um you know we talk
  • 00:23:22
    almost every day and I I you know I I
  • 00:23:25
    double check things to make sure is this
  • 00:23:27
    something Mr President you want us to do
  • 00:23:29
    this we'll we'll then we'll do it USA
  • 00:23:31
    USA ID has been one of your main targets
  • 00:23:34
    are you concerned at all that some of
  • 00:23:36
    the cuts or that shutting that agency
  • 00:23:38
    alt together may lead to diseases or
  • 00:23:41
    other bigger problems starting in other
  • 00:23:43
    countries that then come to to the
  • 00:23:44
    United States yeah so that's that's an
  • 00:23:47
    interesting example so that's something
  • 00:23:48
    where we work closely with the state
  • 00:23:49
    department uh and secretary ruio um and
  • 00:23:53
    we have for example uh turned on funding
  • 00:23:55
    for Ebola prevention uh and for HIV PR
  • 00:23:58
    prevention left that you said yes
  • 00:24:00
    correct um and and and we are we are
  • 00:24:03
    moving fast so we will make mistakes but
  • 00:24:05
    we'll also fix the mistakes very quickly
  • 00:24:08
    so you see as a worthy cause
  • 00:24:10
    usaid I I think that there's some worthy
  • 00:24:13
    things but but overall if you say what
  • 00:24:15
    was the bank for the buck I would say
  • 00:24:16
    it's it was not very good um and there
  • 00:24:19
    was far too much of what US idea was
  • 00:24:22
    doing was influencing influencing
  • 00:24:25
    elections in ways that I think were
  • 00:24:27
    dubious and do not stand at the light of
  • 00:24:29
    day I just have to follow up to the the
  • 00:24:32
    Pentagon contracts if you had received
  • 00:24:34
    billions of dollars in contracts from
  • 00:24:36
    the Pentagon and the president's
  • 00:24:38
    directing you to look into the
  • 00:24:39
    Department of Defense is that are going
  • 00:24:42
    to do at the president's request does
  • 00:24:43
    that present a conflict of interest for
  • 00:24:45
    you uh no because you'd have to look at
  • 00:24:47
    the individual contract and say first of
  • 00:24:48
    all I'm not the one you know filing the
  • 00:24:51
    contract it's people at SpaceX or
  • 00:24:53
    something will be putting for the
  • 00:24:54
    contract and I'd like to say if if you
  • 00:24:56
    see any contract where the the where it
  • 00:24:59
    was awarded to SpaceX and it wasn't by
  • 00:25:01
    far the best value for money for the
  • 00:25:02
    taxpayer let me know because every one
  • 00:25:04
    of them was the president said the other
  • 00:25:07
    day that you might look at treasuries
  • 00:25:10
    could you explain that a little bit what
  • 00:25:11
    kind of fraud or and that question goes
  • 00:25:14
    to both of you what kind of fraud are
  • 00:25:16
    you expecting to see or do you see right
  • 00:25:18
    now in US treasuries yeah I I think you
  • 00:25:21
    mean the treasury Department as opposed
  • 00:25:22
    to treasury bills or um you also
  • 00:25:25
    referenced treasuries on Air Force One
  • 00:25:26
    the other night well the
  • 00:25:29
    as I mentioned earlier really the the
  • 00:25:31
    first order of business is to make sure
  • 00:25:33
    we're actually collecting sorry for this
  • 00:25:35
    I thought my son might might enjoy this
  • 00:25:36
    but it's he's sticking his fingers in my
  • 00:25:38
    ears and stuff um um it's bit hot to
  • 00:25:42
    hear sometimes hey sop that um so um no
  • 00:25:47
    the stuff we're doing with with treasure
  • 00:25:49
    department is so basic um that you can't
  • 00:25:52
    believe it doesn't exist already so so
  • 00:25:56
    so for example like I mentioned just
  • 00:25:57
    making sure that that when a payment
  • 00:25:59
    goes out it has to have the payment
  • 00:26:02
    categorization code it's like what type
  • 00:26:03
    of payment is this um you can't just
  • 00:26:07
    leave the field blank currently many
  • 00:26:09
    payments the field is left blank and you
  • 00:26:11
    have to describe what's the payment for
  • 00:26:13
    some basic rationalization that also is
  • 00:26:15
    left blank so this is why you know the
  • 00:26:17
    Pentagon when's the last time the
  • 00:26:18
    Pentagon passed an udit I mean a decade
  • 00:26:20
    ago maybe I ever really um and we want
  • 00:26:24
    to just in order to actually pass audits
  • 00:26:27
    you have to have Financial information
  • 00:26:28
    that allows you to trace the payments um
  • 00:26:31
    so uh you know and and once in a while
  • 00:26:35
    the the treasury has to has to pause
  • 00:26:37
    payments um if it thinks the payment is
  • 00:26:40
    going to a fraudulent
  • 00:26:42
    organization
  • 00:26:44
    like if if if a if a company or
  • 00:26:47
    organization is on a do not pay list we
  • 00:26:50
    should not pay it I'm sure you would
  • 00:26:51
    agree like if it's quite hard to get on
  • 00:26:53
    that payment doal pay list it means that
  • 00:26:56
    this is someone that is is like
  • 00:26:58
    dead people
  • 00:27:00
    terrorists uh known
  • 00:27:02
    fraudsters uh that kind of thing we
  • 00:27:05
    should not pay them but currently we do
  • 00:27:08
    which is crazy we should stop that many
  • 00:27:12
    many transactions and by the way
  • 00:27:14
    hundreds thousands of transactions like
  • 00:27:16
    that you know we have a big
  • 00:27:18
    team and for the sake of the country I
  • 00:27:22
    hope that the person that's in charge
  • 00:27:25
    and the other people that report to me
  • 00:27:27
    that are in charge are allowed to do the
  • 00:27:29
    right thing namely make sure
  • 00:27:31
    everything's honest legitimate and
  • 00:27:33
    competent but we're looking at just uh
  • 00:27:36
    when you look at usaid that was that's
  • 00:27:39
    one we're going to look at the military
  • 00:27:41
    we're going to look at education they're
  • 00:27:43
    much bigger areas but the US Aid is
  • 00:27:46
    really corrupt I'll tell you it's
  • 00:27:48
    corrupt it's incompetent and it's really
  • 00:27:51
    corrupt and I can't imagine a judge
  • 00:27:53
    saying well it may be corrupt but you
  • 00:27:55
    don't have the right you got elected to
  • 00:27:57
    look over the country and to as we say
  • 00:28:00
    make America great again but you don't
  • 00:28:01
    have the right to go and look and see
  • 00:28:03
    whether or not things are right that
  • 00:28:05
    they're paying or that things are honest
  • 00:28:07
    that they're paying and nobody can even
  • 00:28:10
    believe this other people law professors
  • 00:28:12
    they've been
  • 00:28:13
    saying can't how can you take that
  • 00:28:15
    person's right away You're supposed to
  • 00:28:17
    be running the country but we're not
  • 00:28:18
    allowed to look at who they're paying it
  • 00:28:20
    to and what they're paying we have
  • 00:28:23
    massive amounts of fraud that we caught
  • 00:28:25
    I think we probably caught way over a
  • 00:28:28
    lot of billions of dollars already in
  • 00:28:31
    what two weeks yes and it's going to go
  • 00:28:34
    uh to numbers that you're not going to
  • 00:28:35
    believe and much as I said much is
  • 00:28:38
    incompetence and much is dishonesty we
  • 00:28:40
    have to catch it and the only way going
  • 00:28:42
    to catch it is to look for it and if a
  • 00:28:44
    judge is going to say you're not allowed
  • 00:28:45
    to look for
  • 00:28:46
    it that's pretty sad for our country I
  • 00:28:49
    don't understand how it could even work
  • 00:28:52
    program can you personally guarantee
  • 00:28:54
    that the buyout program the operative
  • 00:28:56
    federal workers can you personally
  • 00:28:58
    guarantee that the workers who opt in to
  • 00:29:00
    resign now will be paid through SE
  • 00:29:02
    they'll get their money but uh they're
  • 00:29:03
    getting a good deal they're getting a
  • 00:29:05
    big buyout and what we're trying to do
  • 00:29:07
    is reduce government we have too many
  • 00:29:09
    people we have office space it's
  • 00:29:10
    occupied by 4% nobody's showing up to
  • 00:29:13
    work because they were told not to and
  • 00:29:16
    then Biden gave them a five-year pass
  • 00:29:18
    some of them 48,000 of them gave them a
  • 00:29:20
    fiveyear pass that for five years you
  • 00:29:23
    don't have to show up to work and and
  • 00:29:25
    let me tell you this is largely much of
  • 00:29:27
    the stuff is because of Biden it's his
  • 00:29:29
    fault he allowed this country what he
  • 00:29:32
    did on our border what he did on our
  • 00:29:34
    border is almost not as bad as what he
  • 00:29:36
    did with uh all of these contracts that
  • 00:29:39
    have come out it it's it's a very sad
  • 00:29:42
    day when we look at it I can't even
  • 00:29:44
    believe it but many contracts just
  • 00:29:46
    extend and they just keep extending and
  • 00:29:48
    there was nobody there to correct it and
  • 00:29:51
    uh that cannot be I can't imagine that
  • 00:29:53
    could be held up by the court any court
  • 00:29:56
    that would say that the president or for
  • 00:29:58
    his Representatives like Secretary of
  • 00:30:00
    the Treasury Secretary of State whatever
  • 00:30:03
    doesn't have the right to go over their
  • 00:30:05
    books and make sure everything's honest
  • 00:30:07
    I mean how can you have a country you
  • 00:30:09
    can't have anything that way you can't
  • 00:30:10
    have a business that way you can't have
  • 00:30:11
    a country that way thank you very much
  • 00:30:14
    everybody thank
  • 00:30:15
    [Applause]
  • 00:30:19
    you back
  • 00:30:22
    tonight will be at the White House
  • 00:30:24
    tonight at about 10:00 if you want to
  • 00:30:26
    come over you can say hello to him
  • 00:30:28
    anything in return
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