Elon, if you could get up and explain where you are, how you're doing, and how much we're cutting, and it's an honor to have you. He's been a tremendously successful guy, is really working so hard.
And he's got businesses to run.
And in many ways they say how.
Do you do this?
And you know it's sacrificing a lot and take getting a lot of praise, I'll tell you. But he's also getting hit and we would expect that and that's the way it works. So I'd like to have Elon Musk please say.
A few words.
Thank you. Must President, Well, I should just pull myself a hubble tech support here because.
This is actually.
As crazy as it sounds. That is almost a literal description of the work that those team is doing.
Is helping picks the government computer systems.
Many of the systems are extremely old, they don't communicate their amount of mistakes, and the systems the software doesn't work, so we are actually text vote it's it's it's ironic.
But it's true.
The overall goal here with the dog team is to help address the almost episode. We simply cannot sustain the country two trillion dollar deaf seats. The interest rates, just the interest on the natural debt now exceeds the Defense department spending.
We spend a lot on the Defense department.
If we're spending like an over trillion.
Dollars on interest.
If this continues, the country will go become de facto bankrupt. It's not an optional thing.
It is an essentral thing.
That's that's the reason I'm here and taking a lot of plaque and getting a lot of death threats, by the way, and I'd like to stuck them up, you know. But if we don't do this, America.
Will go bankrupt.
That's why it has to be done. I'm confident at this point knock on wood you know, knock on my wooden heads. Going a lot of would have been that we can actually find con trillion dollars in savings. That would be a roughly fifteen percent of the seven trillion dollar budget. And obviously that can only be done with the support of everyone in this room. And I'd like to thank everyone for your support. Thank you very much. This can only be done with with with your support.
So this is really digence of support function for the present and for the agencies and departments to help achieve those savings into a fact we find fifteen percent in reduction in prawn and waste, and we bring the receipts so people say like, well, it's this reel. Just go to those dug up. We line item by line on we specify each item. So and and I should say, we'll also we will make mistakes. We won't be perfect, but when we make a mistake, we'll fix it pretty quickly.
So for example, with USAID, one of the things we can that's certainly canceled very briefly was evolan prevention. I think we all wanted the botle prevention, so we restored the Evolu prevention immediately and there was no interruption.
But we do need to move quickly if we're to achieve a trillion dollar deficit reduction and financially twenty twenty six, it requires saving four billion dollars per day every day from now through the inn of September. But we can do it, and we will do it. Thank you,