Trade Masters Chronicle
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
Trade Masters Chronicle
No Result
View All Result

‘Saved the country’: CPAC attendees see silver lining after Elon Musk’s DOGE speech

by
February 22, 2025
in Latest News
0
‘Saved the country’: CPAC attendees see silver lining after Elon Musk’s DOGE speech

Elon Musk’s remarks at the Conservative Political Action Conference on Thursday drew praise from those who were pleased with the cuts being made by the Department of Government Efficiency (DOGE).

‘I wasn’t really that interested in being political. It’s just like there was at a certain point no choice,’ Musk said at the event in Maryland while wearing a black MAGA hat and sunglasses. ‘The actions that we’re taking, with the support of the president and the support of the agencies, is what will save Medicare, what will save Social Security.’

‘That’s the reason I’m doing this,’ he added. ‘Because I was looking at the big picture here, and it’s like, man, it’s getting out of control.’ 

‘A country is no different from a person,’ he continued. ‘[A] country overspends, a country goes bankrupt in the same way as a person who overspends usually goes bankrupt. So, it’s not optional to solve these things, it’s essential.’

Matthew Kochman, a New York Real Estate broker, said that DOGE cuts ‘probably saved the country from financial collapse.’ 

‘I thought it was all just common sense,’ Kochman said of Musk’s comments.

When attendees were asked about the proposal to use 20% of the money from the cuts across the board to go toward a stimulus check for American taxpayers, some raised questions about whether the funds should help pay down over $36 trillion in national debt. 

‘I’m not sure I agree with the sending money back. I would just assume money going to pay down our debt, because it is an existential threat,’ Angie Carrai, of Vienna, Virginia, said, adding that Musk’s comments have ‘tapped into what a lot of people feel’ about taxes being wasted on ‘ridiculous’ programs.

However, Kochman said he believes that taxpayers should get some of their money back but thinks it should also help pay off the debt.

Speaker Mike Johnson has also raised concerns about the pitch from Musk and Trump, saying that the United States needs to ‘pay down the credit card’ with the $2 trillion objective amount to be slashed through DOGE. 

Pat Dennis, President of the left-wing American Bridge 21st Century opposition research firm, told Fox News Digital after watching Musk’s remarks that he’s concerned about cuts to programs that benefit Americans.

‘He was talking about cutting programs that everyday Americans rely on, things like Medicaid,’ Dennis said. ‘The implication that massive percentages of these programs just can be unilaterally cut because they’re fraud is not real.’

‘People rely on these, voters rely on these, families rely on these, people in Republican districts rely on these,’ he added.

DOGE made headlines in recent weeks for taking aim at spending through the United States Agency for International Development (USAID) as well as grants doled out through various cabinet agencies. 

Fox News’ Peter Pinedo and Liz Elkind contributed to this report. 

This post appeared first on FOX NEWS
Previous Post

Here’s what happened during President Donald Trump’s 5th week in office

Next Post

DOGE takes a chainsaw to federal spending with 7 major victories this week: ‘Got to be done’

Next Post
DOGE takes a chainsaw to federal spending with 7 major victories this week: ‘Got to be done’

DOGE takes a chainsaw to federal spending with 7 major victories this week: ‘Got to be done’

  • Trending
  • Comments
  • Latest
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

October 24, 2024
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

September 4, 2025
Bitcoin Nears $85K Amid Market Optimism

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Venezuela releases multiple American citizens from prison following military operation

Venezuela releases multiple American citizens from prison following military operation

0
Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

0
Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

0
Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

0
Venezuela releases multiple American citizens from prison following military operation

Venezuela releases multiple American citizens from prison following military operation

January 14, 2026
Rand Paul says GOP colleagues ‘don’t give a s‑‑t about these people in the boats’: They ‘say they’re pro-life’

Rand Paul says GOP colleagues ‘don’t give a s‑‑t about these people in the boats’: They ‘say they’re pro-life’

January 14, 2026
GOP senator suggests Fed chair Powell resign now to dodge potential criminal indictment

GOP senator suggests Fed chair Powell resign now to dodge potential criminal indictment

January 14, 2026
Secret room to be built at Chinese embassy near cable lines, sparking widespread espionage fears

Secret room to be built at Chinese embassy near cable lines, sparking widespread espionage fears

January 14, 2026
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    Venezuela releases multiple American citizens from prison following military operation

    Venezuela releases multiple American citizens from prison following military operation

    January 14, 2026
    Rand Paul says GOP colleagues ‘don’t give a s‑‑t about these people in the boats’: They ‘say they’re pro-life’

    Rand Paul says GOP colleagues ‘don’t give a s‑‑t about these people in the boats’: They ‘say they’re pro-life’

    January 14, 2026
    GOP senator suggests Fed chair Powell resign now to dodge potential criminal indictment

    GOP senator suggests Fed chair Powell resign now to dodge potential criminal indictment

    January 14, 2026
    Secret room to be built at Chinese embassy near cable lines, sparking widespread espionage fears

    Secret room to be built at Chinese embassy near cable lines, sparking widespread espionage fears

    January 14, 2026

    Top News

    Venezuela releases multiple American citizens from prison following military operation

    Venezuela releases multiple American citizens from prison following military operation

    January 14, 2026
    Rand Paul says GOP colleagues ‘don’t give a s‑‑t about these people in the boats’: They ‘say they’re pro-life’

    Rand Paul says GOP colleagues ‘don’t give a s‑‑t about these people in the boats’: They ‘say they’re pro-life’

    January 14, 2026

    Latest News

    • Venezuela releases multiple American citizens from prison following military operation
    • Rand Paul says GOP colleagues ‘don’t give a s‑‑t about these people in the boats’: They ‘say they’re pro-life’
    • GOP senator suggests Fed chair Powell resign now to dodge potential criminal indictment

    About Trade Masters Chronicle

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.