Elon Musk and hedge fund manager John Paulson advocate for significant U.S. budget cuts, proposing a $2 trillion reduction if Trump is re-elected. However, historical precedents of "shock therapy" in other nations show that such drastic measures often lead to economic turmoil and social unrest. A more measured approach, like the Simpson-Bowles plan, could provide thoughtful solutions to address the nation's budget deficits and entitlement program funding.
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