Billionaire Elon Musk, appointed by President Donald Trump to lead efforts to reduce federal spending, warned about the possibility of the US going bankrupt if government spending is not significantly reduced. This came during an official government meeting where Musk emphasized the urgent need to reduce federal spending to prevent bankruptcy, stating that the country's budget deficit exceeded $1.8 trillion in the last fiscal year. 💰💵

💲Musk also revealed that he has received threats due to government spending reduction efforts, reflecting the tension surrounding reform efforts. 💲

These warnings come at a time when the legality of cost-cutting measures by the US administration is facing legal challenges, some federal agencies are closed, employees are laid off, and lawsuits are being filed against these actions.

It is worth noting that Musk is considered one of the most influential figures in the current US administration for leading the newly established Government Efficiency Committee and trying to implement policies aimed at reducing the size of the federal government and cutting public spending.#CMEsolanaFutures