Musk Takes "Shock-and-Awe'"Ax to Spending in DOGE Gambit

Elon Musk has been granted access to U.S. Treasury systems as part of a federal IT modernization directive by President Trump. Musk's role extends beyond initial expectations, focusing on cost-cutting and reforming civil services. Trump's support is evident due to Musk's significant campaign contributions and advisory role. Musk's actions, including potential influence over the bond market, raise legal and financial concerns, with unclear government status and potential market impacts.

What was the primary goal of President Trump's directive involving Elon Musk?

• To increase federal spending

• To reduce international aid

• To modernize federal IT systems

• To expand the civil service

How does President Trump view Elon Musk's role in the government?

• As a senior adviser with a broad role

• As a major donor with limited influence

• As an independent contractor

• As a minor consultant

What is one of the main focuses of Musk's government efficiency efforts?

• Increasing federal employee salaries

• Enhancing military spending

• Cutting costs and reforming civil service

• Expanding international development programs

What potential issue arises from Musk's influence on the bond market?

• Increased interest rates

• Decreased government transparency

• Market instability

• Higher inflation

What is unclear about Elon Musk's status within the government?

• His age

• His legal authority

• His financial disclosures

• His official title