{"id":132397,"date":"2024-12-02T07:19:19","date_gmt":"2024-12-02T00:19:19","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=132397"},"modified":"2024-12-02T07:19:19","modified_gmt":"2024-12-02T00:19:19","slug":"bernie-sanders-praises-musk-for-key-doge-proposal","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=132397","title":{"rendered":"Bernie Sanders Praises Musk for Key DOGE Proposal"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div data-article-body=\"true\">\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Sen. <a href=\"https:\/\/thedailybeast.com\/bernie-sanders\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Bernie Sanders;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Bernie Sanders<\/a> (I-VT) heaped praise on MAGA billionaire <a href=\"https:\/\/thedailybeast.com\/elon-musk\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Elon Musk;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Elon Musk<\/a>\u2019s plans to rein in <a href=\"https:\/\/www.thedailybeast.com\/keyword\/pentagon\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:defense;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">defense<\/a> spending as part of his <a href=\"https:\/\/www.thedailybeast.com\/keyword\/donald-j-trump\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Trump;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Trump<\/a>-appointed mission to find ways to slash government spending.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">\u201cElon Musk is right,\u201d tweeted Sanders on Sunday. \u201cLast year, only 13 senators voted against the Military Industrial Complex and a defense budget full of waste and fraud. That must change.\u201d<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">That makes Sanders, a democratic socialist who twice came in second for the Democratic Party presidential nomination, a strange bedfellow with Musk and <a href=\"https:\/\/thedailybeast.com\/keyword\/vivek-ramaswamy\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Vivek Ramaswamy;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Vivek Ramaswamy<\/a>, the two hyper-capitalist MAGA bros President-elect Donald Trump has tapped to take a chainshaw to federal government spending.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The two are set to lead a commission\u2014dubbed the \u201cDepartment of Government Efficiency\u201d or DOGE\u2014that will examine how to massively slash government spending and report back to Trump within two years.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">In recent days, both have alluded to halting or increasing defense spending, with Ramaswamy arguing against \u201cjust reflexively increasing the magnitude.\u201d<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Defense is the federal government\u2019s largest area of discretionary spending, with the Pentagon <a href=\"https:\/\/www.defense.gov\/News\/News-Stories\/Article\/article\/3618367\/congress-passes-fiscal-2024-defense-spending-bill-pay-raise-for-service-members\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:budget;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">budget<\/a> in fiscal year 2024 set at $841 billion, or about 12.5% of the total federal budget.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">It has also struggled with allegations of waste and cost overruns. Sanders noted that the Pentagon recently <a href=\"https:\/\/www.defense.gov\/News\/Releases\/Release\/Article\/3967009\/department-of-defense-completes-seventh-consecutive-department-wide-financial-s\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:failed;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">failed<\/a> the seventh consecutive audit of its now $4.1 trillion in assets and $4.3 trillion in liabilities.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Last year, the Defense Department <a href=\"https:\/\/www.defense.gov\/News\/News-Stories\/Article\/Article\/3590211\/dod-makes-incremental-progress-toward-clean-audit\/ \" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:admitted;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">admitted<\/a> it could only account for just half of its assets.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Lucrative contracts handed out to private corporations also means billions in taxpayer money is passed on under a regime with subpar oversight.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">\u201cMany federal contracts have gone unexamined for years,\u201d wrote Musk and Ramaswamy in a <a href=\"https:\/\/www.wsj.com\/opinion\/musk-and-ramaswamy-the-doge-plan-to-reform-government-supreme-court-guidance-end-executive-power-grab-fa51c020\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:joint;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">joint<\/a> <i>Wall Street Journal<\/i> op-ed last week. \u201cLarge-scale audits conducted during a temporary suspension of payments would yield significant savings. The Pentagon recently failed its seventh consecutive audit, suggesting that the agency\u2019s leadership has little idea how its annual budget of more than $800 billion is spent.\u201d<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">In October, the Defense Department revealed that $431.4 billion, or 71%, of defense spending went to contracts last year.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Among the leading recipients, Lockheed Martin made $61.4 billion, RTX $24.1 billion and General Dynamics at $22.9 billion.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Many contractors are exist as essentially taxpayer subsidized entities\u2014Lockheed, the biggest U.S. defense contractor, <a href=\"https:\/\/www.tenderalpha.com\/blog\/post\/fundamental-analysis\/how-much-do-government-contracts-contribute-to-defense-suppliers-revenue-share\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:made;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">made<\/a> 74.2 percent of its sales to the U.S government in the third quarter\u2014U.S. commercial sales made up a mere one percent of total company revenue.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\"><a href=\"https:\/\/media.defense.gov\/2022\/Feb\/15\/2002939087\/-1\/-1\/1\/STATE-OF-COMPETITION-WITHIN-THE-DEFENSE-INDUSTRIAL-BASE.PDF\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Consolidation;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Consolidation<\/a> in the defense industry has also meant fatter profits for a handful of firms.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Despite these concerns and expressions of concern from politicians on both sides of the aisle, the Pentagon budget has continued to grow with limited resistance when it comes to budget votes.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Sen. <a href=\"https:\/\/www.thedailybeast.com\/keyword\/elizabeth-warren\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Elizabeth Warren;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Elizabeth Warren<\/a> (D-MA) issued a <a href=\"https:\/\/www.warren.senate.gov\/imo\/media\/doc\/DoD%20Revolving%20Door%20Report.pdf\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:report;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">report<\/a> last year that documented hundreds of former government officials who have crossed over to lobby for the defense industry.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">\u201cTo keep the money flowing, defense contractors frequently hire former Pentagon and other government officials to help them win defense contracts from their former colleagues,\u201d the report reads.<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.yahoo.com\/news\/elon-bernie-sanders-praises-musk-202701805.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sen. Bernie Sanders (I-VT) heaped praise on MAGA billionaire Elon Musk\u2019s plans to rein in defense spending as part of his Trump-appointed mission to find ways to slash government spending. &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=132397\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8629],"tags":[],"class_list":["post-132397","post","type-post","status-publish","format-standard","hentry","category-u-s","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/132397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=132397"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/132397\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}