DOGE, federal energy policies projected to have positive effect on Knox County pocketbooks

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Vivek Ramaswamy and Elon Musk will co-lead the Department of Government Efficiency. | Wikimedia Commons / Gage Skidmore; Wikimedia Commons / Debbie Rowe

The efforts of the Department of Government Efficiency (DOGE), led by Cincinnati-based pharmaceutical entrepreneur Vivek Ramaswamy and Tesla and X CEO Elon Musk, are expected to have a trickle-down effect on average American households.

The advisory body is tasked with recommending cuts to waste, regulations and the federal workforce in an effort to trim $2 trillion from the $7 trillion federal budget.

Additionally, President-elect Donald Trump’s domestic energy policies, which are expected to lower gas prices, could have a ripple effect on the economy. 

Howard Hanna Real Estate Services broker and realtor Dave Culbertson noted that the government’s efforts to streamline regulations, combined with domestic-friendly energy policies, could lead to an economic recovery.

Culbertson said he expects savings to trickle down to local residents as a result of DOGE’s efforts. 

“I'm really excited about that and their mission,” Culbertson said.

Such savings could amount to over $5,000 per American resident. 

“I think there’s going to be some pretty tremendous return on that,” he said. “It’s not going to happen immediately, but I think there’s going to be a lot of positive returns from that.”

Culbertson also highlighted external economic factors, including a potential boost from the energy sector, pointing to Trump’s domestic energy stance. 

“I'm not an economist, but I think if the price of gasoline goes down, even an average of $0.40 a gallon or something, you're going to see prices of other things come down because everything has to be delivered,” he said.

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