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Elon Musk Makes First Speech in Trump’s New Cabinet Meeting—Watch Full Address
Diario As
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26/2/2025
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00:00
And we would expect that, and that's the way it works.
00:03
So I'd like to have Elon Musk please say a few words.
00:07
Thank you, Elon.
00:08
Mr. Musk.
00:09
Thank you, Mr. President.
00:10
Well, I actually just call myself a humble tech
00:13
support here because this is actually, as crazy as
00:18
it sounds, that that is almost a literal
00:22
description of the work that the Doge team is
00:24
doing, is helping fix the government computer
00:26
systems.
00:27
Many of these systems are extremely old.
00:29
They don't communicate.
00:30
There are a lot of mistakes in the systems.
00:32
The software doesn't work.
00:36
So we are actually tech support.
00:38
It's ironic, but it's true.
00:42
The overall goal here with the Doge team
00:44
is to help address the enormous deficit.
00:47
We simply cannot sustain as a country $2 trillion deficits.
00:52
The interest rates, just the interest on the national debt
00:56
now exceeds the Defense Department's spending.
00:59
We spend a lot on the Defense Department,
01:01
but we're spending over a trillion dollars on interest.
01:05
If this continues, the country will
01:06
go become de facto bankrupt.
01:09
It's not an optional thing.
01:11
It is an essential thing.
01:13
That's the reason I'm taking a lot of flack
01:16
and getting a lot of death threats, by the way.
01:18
I like to stack them up.
01:20
But if we don't do this, America will go bankrupt.
01:24
That's why it has to be done.
01:27
And I'm confident at this point, knock on wood,
01:30
knock on my wooden head, there's a lot of wood up there,
01:36
that we can actually find a trillion dollars in savings.
01:40
That would be a roughly 15% of the $7 trillion budget.
01:45
And obviously, that can only be done with the support
01:47
of everyone in this room.
01:48
And I'd like to thank everyone for your support.
01:50
Thank you very much.
01:52
This can only be done with your support.
01:55
So DOJ is a support function for the president
01:59
and for the agencies and departments
02:02
to help achieve those savings and to effectively find
02:06
15% reduction in fraud and waste.
02:12
And we bring the receipts.
02:14
So people say, well, is this real?
02:15
Just go to DOJ.gov.
02:18
Line item by line item, we specify each item.
02:21
And I should say, also, we will make mistakes.
02:24
We won't be perfect.
02:26
But when we make a mistake, we'll fix it very quickly.
02:30
So for example, with USAID, one of the things
02:33
we accidentally canceled very briefly was Ebola prevention.
02:37
I think we all want Ebola prevention.
02:39
So we restored the Ebola prevention immediately.
02:42
And there was no interruption.
02:45
But we do need to move quickly if we
02:48
are to achieve a trillion-dollar deficit
02:51
reduction in financial year 2026.
02:55
It requires saving $4 billion per day, every day,
02:59
from now through the end of September.
03:02
But we can do it, and we will do it.
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