Part 4/6:
The analytically dense dialogue continued with Rattner illustrating that only a fraction of the budget could realistically undergo cuts, and most of this comprises programs that many Americans deem necessary. He underscored that Ramaswamy and Musk's plan hinges on identifying $500 billion of spending that could be cut without congressional oversight. These include vital services such as veterans' healthcare and educational Pell Grants, which, if eliminated, would have significant repercussions.
Rattner emphasizes that even this identified section sits inadequately against the proposed $2 trillion target, reinforcing doubts about the plausibility of these cuts.