365Telugu.com Online News, February 21, 2025: The U.S. Internal Revenue Service (IRS) is set to lay off 6,000 employees as part of cost-cutting measures led by President Donald Trump.
This initiative, reportedly supported by tech billionaire Elon Musk, is part of a broader effort to reduce government expenses, impacting financial regulatory agencies, forest workers, rocket scientists, and thousands of other federal employees. The IRS currently employs around 100,000 people.
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A senior IRS official informed employees on Thursday that approximately 6% of the workforce would be let go to manage costs. This downsizing mainly targets employees hired during former President Joe Biden’s administration as part of an expansion initiative.
Independent budget analysts suggest that these job cuts could improve government revenue and help reduce the trillion-dollar budget deficit.
U.S. State Department Halts Media Subscriptions
In another major cost-cutting effort, the U.S. State Department announced on Thursday that it would suspend all media subscriptions. This decision aligns with the Trump administration’s broader push to eliminate unnecessary government spending.
President Trump has appointed Elon Musk to lead the government downsizing task force, known as DOGE, which is reviewing various expenses. A State Department representative clarified that the suspended subscriptions do not include academic or professional journals.
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Trump Compares Himself to a King
On Wednesday, President Donald Trump took to his social media platform, Truth Social, to compare himself to a king. His post came after his administration decided to eliminate congestion pricing in New York, a policy originally introduced to reduce traffic and fund public transportation.
“Congestion pricing is gone!” Trump declared in his post. “Manhattan and all of New York are safe. Long live the king!” The White House later shared this message on Instagram and Twitter.
Trump’s post included an image of himself wearing a crown on a magazine cover. He believes that by removing congestion charges, he is helping New York City.
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During his election campaign, Trump had promised to eliminate the congestion fee, which previously required drivers to pay $9 to enter Manhattan. Within his first month back in office, he has already made several unilateral decisions.