Goes for savings in public spending
Cuts to public spending are also observed as a trend in the world, mainly as a result of the investments that governments have made in the digitalization and automation of processes. “I don’t think they call it austerity like here, but what is sought is efficiency,” Rolando Silva added.
To this end, Trump announced the creation of an advisory group aimed at carrying out cuts in the government. The group – the Department of Government Efficiency, or “DOGE” – is being led by Tesla CEO Elon Musk and former presidential candidate Vivek Ramaswamy, and has goals such as eliminating entire federal agencies and cutting three-quarters of federal jobs. federal government.
As part of these actions, the president of the United States signed an executive order to freeze hiring, starting January 20, throughout the Executive Branch.
“Within 90 days from the date of this memorandum, the Director of the Office of Management and Budget (OMB), in consultation with the Director of OPM and the Administrator of the United States DOGE Service (USDS), will present a plan to reduce the size of the Federal Government’s workforce through efficiency and attrition improvements,” the document states.
Once the OMB plan is issued, this memorandum will expire for all executive departments and agencies, with the exception of the Internal Revenue Service (IRS). He stressed that the memo will remain in effect for the IRS until the Secretary of the Treasury, in consultation with the director of the OMB and the administrator of the USDS, determines that it is in the national interest to lift the freeze.
With information from Reuters.
