Insiders Advisor
  • Stocks
  • World News
  • Business
  • Politics
  • Stocks
  • World News
  • Business
  • Politics

Insiders Advisor

Politics

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

by February 22, 2025
February 22, 2025
‘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
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history
next post
DOGE takes a chainsaw to federal spending with 7 major victories this week: ‘Got to be done’

Related Posts

Comer subpoenas DHS for records relating to Walz’s...

September 30, 2024

Trump says he could ‘walk away’ from Russia-Ukraine...

May 4, 2025

Tim Walz’ claims about using IVF to have...

August 20, 2024

Top Republican touts ‘real motivation’ behind House DOGE...

December 17, 2024

Xi Jinping’s surprise no-show at BRICS Summit fuels...

July 5, 2025

Hegseth says DOGE welcome at Pentagon as Defense...

February 11, 2025

Joe Manchin will not launch third-party presidential run

February 17, 2024

Trump campaign trolls Harris, releases policy website for...

August 21, 2024

Reverend asks Trump to have ‘mercy’ on immigrants,...

January 21, 2025

Trump rips ‘loser’ Tim Walz for hurting Dems...

March 21, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Latest News

    • Congress sends $9B spending cuts package to Trump’s desk after late-night House vote

      July 18, 2025
    • Trump’s modest spending cuts package survives narrow Senate vote as some Republicans break ranks

      July 18, 2025
    • PETA applauds GOP lawmakers’ demand to halt NIH funding for ‘cruel’ overseas animal testing

      July 18, 2025
    • State Department says US ‘unequivocally condemns’ Israeli airstrike in Syria, calls for ‘dialogue’

      July 18, 2025
    • Senators push back against Vought’s call for more partisan spending process

      July 18, 2025
    • Johnson demands NARA turn over records related to Biden’s mental ‘decline’ amid Senate probe of ‘cover-up’

      July 17, 2025

    Categories

    • Business (1,308)
    • Politics (6,449)
    • Stocks (904)
    • World News (460)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: insidersadvisor.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 insidersadvisor.com | All Rights Reserved