Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

‘Efficient and accountable’: GOP-led DOGE bill aims to slash outflow of federal dollars

by
November 21, 2024
in Latest News
0
‘Efficient and accountable’: GOP-led DOGE bill aims to slash outflow of federal dollars

House Republicans are eyeing ways to slash the outpouring of federal dollars after President-elect Donald Trump signaled that cutting government red tape would be a major part of his agenda.

Rep. Stephanie Bice, R-Okla., introduced a new bill on Thursday, titled the ‘Decreasing Overlapping Grants Efficiently (DOGE) Act,’ which would establish a system for cutting down on redundant government grants from across multiple departments.

It comes after Trump announced the creation of an advisory panel called the Department of Government Efficiency, which he tapped Vivek Ramaswamy and Elon Musk to lead.

‘Like Elon Musk and Vivek Ramaswamy, I’m looking at ways to make the government more efficient and accountable,’ Bice told Fox News Digital. ‘The DOGE Act would create a deconfliction and tracking system for federal grants that not only reduces waste but also builds confidence in how public funds are distributed and managed.’

In addition to the tracking system the legislation creates, it also prohibits the government from issuing multiple federal grants to the same applicant for the same or similar purpose.

It would also commission a report on the benefits of using artificial intelligence to more efficiently identify duplicative grant applications.

One of the bill’s co-sponsors is Rep. Aaron Bean, R-Fla., who co-founded the DOGE Caucus in the House earlier this week.

It is another sign of Republicans readying to hold all the levers of power in Washington, D.C., next year, when the GOP will take over the Senate and White House in addition to retaining control of the House.

When announcing the Department of Government Efficiency, Trump said the panel would help his administration ‘slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.’

House Oversight Committee Chairman James Comer, R-Ky., recently announced a new subcommittee for the 119th Congress to correspond with the Department of Government Efficiency.

This post appeared first on FOX NEWS
Previous Post

RUBY CHEN: Trump NSA pick Mike Waltz can help US crush Hamas

Next Post

Gaetz withdraws as attorney general nominee

Next Post
Gaetz withdraws as attorney general nominee

Gaetz withdraws as attorney general nominee

  • Trending
  • Comments
  • Latest
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Customers sue sneaker company On over shoes that cause ‘noisy and embarrassing squeak’

Customers sue sneaker company On over shoes that cause ‘noisy and embarrassing squeak’

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Customers sue sneaker company On over shoes that cause ‘noisy and embarrassing squeak’

Customers sue sneaker company On over shoes that cause ‘noisy and embarrassing squeak’

October 20, 2025
Reporter’s Notebook: Government shutdown stalls as Democrats demand Obamacare subsidy extension

Reporter’s Notebook: Government shutdown stalls as Democrats demand Obamacare subsidy extension

October 20, 2025
House GOP announces $24M cash haul as government shutdown drags on

House GOP announces $24M cash haul as government shutdown drags on

October 20, 2025
‘Goofballs’ and hostages: GOP senators say Schumer’s shutdown tactics destroying the Senate

‘Goofballs’ and hostages: GOP senators say Schumer’s shutdown tactics destroying the Senate

October 20, 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.

    Recent News

    Customers sue sneaker company On over shoes that cause ‘noisy and embarrassing squeak’

    Customers sue sneaker company On over shoes that cause ‘noisy and embarrassing squeak’

    October 20, 2025
    Reporter’s Notebook: Government shutdown stalls as Democrats demand Obamacare subsidy extension

    Reporter’s Notebook: Government shutdown stalls as Democrats demand Obamacare subsidy extension

    October 20, 2025
    House GOP announces $24M cash haul as government shutdown drags on

    House GOP announces $24M cash haul as government shutdown drags on

    October 20, 2025
    ‘Goofballs’ and hostages: GOP senators say Schumer’s shutdown tactics destroying the Senate

    ‘Goofballs’ and hostages: GOP senators say Schumer’s shutdown tactics destroying the Senate

    October 20, 2025

    Top News

    Customers sue sneaker company On over shoes that cause ‘noisy and embarrassing squeak’

    Customers sue sneaker company On over shoes that cause ‘noisy and embarrassing squeak’

    October 20, 2025
    Reporter’s Notebook: Government shutdown stalls as Democrats demand Obamacare subsidy extension

    Reporter’s Notebook: Government shutdown stalls as Democrats demand Obamacare subsidy extension

    October 20, 2025

    Latest News

    • Customers sue sneaker company On over shoes that cause ‘noisy and embarrassing squeak’
    • Reporter’s Notebook: Government shutdown stalls as Democrats demand Obamacare subsidy extension
    • House GOP announces $24M cash haul as government shutdown drags on

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.