Trump Enlists Elon Musk for Government Efficiency Commission Amid Economic Proposals

Donald Trump, Republican presidential candidate, proposed a government efficiency commission headed by Elon Musk. Speaking at the New York Economic Club, Trump outlined plans to cut taxes for domestic manufacturers, build housing on federal lands, and create a sovereign wealth fund. He criticized Kamala Harris' housing policies.

Republican presidential candidate Donald Trump announced on Thursday his intention to create a government efficiency commission led by billionaire Elon Musk if he wins the Nov. 5 election. The declaration came during a comprehensive speech at the New York Economic Club, where Trump sketched out his economic vision for the nation.

Trump pledged to cut corporate tax rates for domestic manufacturers, establish 'low-tax' zones on federal lands for new home construction, and initiate a sovereign wealth fund. He emphasized that the commission, with Musk at the helm, would aim to eliminate 'fraud and improper payments' within six months.

While Trump's proposals garnered mixed reactions, including skepticism from the American Federation of Government Employees, Musk expressed his willingness to join the commission, stating he would serve without pay or recognition. The initiative marks a new chapter in Trump's economic strategy, positioning him against Democratic contender Kamala Harris' housing affordability plan.

(With inputs from agencies.)