Elon Musk, the tech mogul and CEO of Tesla and SpaceX, has outlined an ambitious plan to drastically reduce federal spending if Donald Trump is re-elected president. In a virtual town hall event, Musk emphasized the need for fiscal responsibility, proposing deep budget cuts and a complete audit of government expenditures. He believes these measures will ensure the long-term economic health of the United States.
Tech mogul Elon Musk has pledged to slash $2 trillion from the US federal budget if Donald Trump wins the 2024 presidential election. Musk, who has emerged as a key figure in the Republican Party, spoke at a rally for Trump, promising to “get the government off your back.” This controversial plan has sparked debate, with critics highlighting potential conflicts of interest given Musk’s substantial federal contracts.
Mayor Eric Adams’ proposed budget for the 2025 fiscal year does not fully restore millions of dollars in funding previously cut from the city’s public library systems. This raises concerns about further service reductions and closures at libraries across the five boroughs. Despite a $2.2 billion increase in overall spending, the executive budget plan does not reverse the $58.3 million reduction that has already been implemented or proposed for the library systems. The budget cuts have forced libraries to eliminate Sunday services and delay the opening of new branches. Council Democrats have identified $6.1 billion in unrealized revenue and funding, which they argue could be used to restore the library funding and avoid other cuts.
Argentina’s libertarian president, Javier Milei, faces mounting pressure amidst worsening budget cuts at public universities, drawing widespread protests and a heated ideological battle. The cuts, which Milei claims are necessary to reach zero deficit, have sparked outrage among students and faculty, who fear for the future of quality education. With the University of Buenos Aires, one of Latin America’s top institutions, facing a shutdown, the crisis highlights the broader ideological divide and the precarious state of Argentina’s economy.
Governor Brennan’s commitment to aiding those in need extended from major decisions to small acts of kindness. He stood against President Reagan’s budget cuts, which would have disproportionately impacted children. Brennan also ensured that foster parent Mrs. McGillicuddy received fair compensation for her caregiving efforts. His actions exemplify the true meaning of service and dedication to the well-being of others.
Portland Public Schools (PPS) has unveiled its proposed budget for the upcoming school year, which includes plans to eliminate 251 full-time positions to address a $30 million shortfall. The cuts will impact both central offices and schools, with a focus on minimizing the impact on students.
