Elon Musk and Vivek Ramaswamy are co-leaders of the Department of Government Efficiency, an advisory group announced by Donald Trump.

Musk and Ramaswamy's Wall Street Journal op-ed suggests massive cuts to federal programs but lacks specific details on which regulations should be cut.

Ramaswamy has previously suggested cutting 75% of the federal workforce and disbanding agencies like the Department of Education and the FBI.

Musk and Ramaswamy claim that Trump has the power to stop Congress from funding certain government programs, a theory criticized by House Democratic Caucus Chairman Pete Aguilar.

The op-ed indicates a push for significant austerity measures similar to those implemented by Argentina's President Javier Milei, which have been linked to increased poverty in Argentina.