What are the impacts of Musk and others leading the US government to reduce costs and increase efficiency? Musk's business philosophy coincides with Trump's commitment to eradicating the "deep government" in Washington. On September 5th, during a speech at the New York Economic Club, Trump announced that he would adopt Musk's suggestion to establish a "Government Efficiency Committee" led by him after winning the election, with the primary task of eliminating fraud and improper payments within six months and saving trillions of dollars in federal spending.