With Elon Musk at the helm of a new task force aimed at auditing federal spending, we discuss whether The Department Of Government Efficiency (DOGE) is truly making an impact or just adding to the bureaucracy. The push for transparency and accountability is crucial as America faces a looming financial crisis. Join us as we unpack these pressing issues!
★ ★ IN PARTNERSHIP WITH STAKE ★ ★
💰Get $10 FREE credit and a FREE U.S. stock, use code NewMoney: https://on.hellostake.com/newmoney
Stake Rewards T&Cs apply: https://hellostake.com/au/legal/stake-aus-rewards-terms-conditions
★ ★ LEARN TO INVEST ★ ★
Get started investing on the right foot with our step-by-step investing courses:
https://newmoney.education/
★ ★ CONTENTS ★ ★
0:00 Is DOGE Actually Working?
3:00 An $8 Million Contract, $8 Billion Reported Savings
5:20 Falsely Claiming Cost Savings
6:10 DOGE Increasing Costs?
7:00 Claiming Savings that Aren't There
8:00 Is $2 Trillion in Savings Possible?
13:00 Is DOGE Even Worth It?
My Podcast: https://www.youtube.com/c/TheYoungInvestorsPodcast
Brandon van der Kolk is authorised to provide general financial product advice in Australia and is an Authorised Representative (Number 1305795) of Guideway Financial Services Pty Ltd, AFSL Number 420367. Any advice is general & does not consider your financial situation, needs or objectives so consider whether it's appropriate for you. Read Brandon's Financial Services Guide available from https://guideway.com.au/NewMoney.pdf. Past performance is not a reliable indicator of future investment returns.
Contact email: hello@newmoney.contact
Note: I do not have the ability to answer all emails, but know that each email is read. If enquiring about sponsorship, New Money is currently only seeking sponsorship from established brands.