Countdown to the U.S. Presidential Election | Trump Calls for Defeat of He Jinli, Musk Cuts $2 Trillion in Spending
The U.S. presidential election is in its final countdown, with Trump holding a six-hour rally at Madison Square Garden in New York on October 27, with support from Musk and other allies, urging voters to support Trump in "rebuilding America." Musk also mentioned during the rally that if Trump is re-elected, he will cut government spending by up to 2 trillion dollars, declaring, "We won't waste taxpayers' money," a statement that received enthusiastic support from the crowd.
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Trump Criticizes Harris' Policies, Musk Promises to Cut $2 Trillion in Spending
During a rally, Trump launched a harsh criticism against Democratic presidential candidate Kamala Harris, focusing on border, crime, and economic issues, urging supporters to defeat Harris and the radical left together.
Trump also claimed that if elected, he would have Elon Musk lead the Department of Government Efficiency (DOGE) to cut government spending. Musk quickly voiced his support for Trump, promising to help reduce government expenses, claiming to be able to cut up to $2 trillion in spending and not waste taxpayers' money. According to data from the U.S. Department of the Treasury, the U.S. government spent $6.75 trillion in 2024. Musk's pledge to cut $2 trillion would account for nearly one-third of the current U.S. expenditure.
Citing federal documents, Bloomberg reported that Musk donated up to $132 million in political contributions in 2024 to support Trump and other Republican candidates, becoming one of the most active political donors in this election, rising to the top tier of political contributors.
Musk's Involvement in Government Financial Control Raises External Concerns
While Trump claims that if elected, he would invite Musk to participate in government financial control, this proposal has raised external concerns. Critics argue that Musk has significant business ties with the government, and companies like Tesla and SpaceX rely on billions of dollars in government contracts and tax incentives, potentially leading to conflicts of interest.
Trump plans to establish a Government Efficiency Commission led by Musk.
Musk's America PAC Cash-Level Program Continues Despite Government Warning
Despite recent warnings from U.S. authorities that Musk's American Political Action Committee America PAC and its "Daily $1 Million Cash-Level Program" may violate federal campaign laws, Musk remains unfazed. Just three hours before Trump's rally in New York, Musk continued to draw out a million dollars to be given to voters. The image below shows the lucky voter from the ninth round of the million-dollar program.
The U.S. Department of Justice has issued a warning to Musk's America PAC Cash-Level Program, citing potential violations of federal campaign laws.
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