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0 sats \ 1 reply \ @OriginalSize 18 Dec \ on: Fed Cuts by a Quarter Point, Indicates Fewer Reductions Ahead news
Elon's about to free up a lot of budget that will be spent in wild ways. My prediction is they'll need to raise next year and that will be a good thing.
I dont think Elon is going to be able to free up money as quickly as most people think. Thats why he is fighting so hard to stop this CR because if it passes then the budget for the first year only be for 6 months since the Fed. Govnt FY is October to Sept.
There is definitely a lot of funding that can be cut in certain places however getting Congress to agree to those is going to be a tough sell since the Biden Admin has been flooding Republican states and more specifically Congressional Districts with money from the IIJA and IRA.
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