Bannon Says Trump Can’t Stop Inflation?
Steve Bannon recently shared his thoughts on how the Department of Government Efficiency (DOGE) should recalibrate its ambitious goal of cutting trillions of dollars in federal waste. During a Friday episode of his War Room podcast, Bannon urged DOGE to scale back its target and instead focus on eliminating waste in the billion-dollar range to combat the inflationary pressures hitting American families.
“I’m not against DOGE, but let’s be realistic,” Bannon stated. “The waste, fraud, and abuse in the federal government isn’t going to reach $1 trillion. It’s just not happening.” Bannon emphasized that while he supports the agency’s mission, a more reasonable target would be beneficial in the current political climate, especially considering the relentless attacks from the Left.
In a direct call to action, Bannon stressed the need for concrete, attainable numbers when it comes to cutting federal spending. “We have to cut federal spending. It’s fueling inflation and undermining our economy. We need a fixed number,” he said. Bannon suggested considering figures like $25 billion, $50 billion, or even $100 billion, but insisted that the important thing is to define a clear, “absolute number” that conservatives can rally behind. This clarity would help avoid political pitfalls and prevent Democrats from exploiting any uncertainty.
Bannon’s comments align with the concerns of many Republicans who have pointed to federal spending as a primary cause of inflation. Former President Donald Trump, while acknowledging rising inflation, has placed the blame on the previous administration. However, Trump has also expressed confidence that his team could uncover significant federal waste. He remains optimistic about discovering potentially trillions in savings, although he recognizes it won’t happen overnight.
Despite Trump’s optimism, Bannon remains cautious about the role of certain tech CEOs, particularly Elon Musk. Known for his skepticism of Musk’s influence, Bannon has questioned Musk’s motives and warned against trusting tech elites who may not have the country’s best interests at heart. “These guys are not trustworthy,” Bannon remarked, casting doubt on the motivations of tech figures who have aligned themselves with Trump.
As the second Trump administration prepares for a potential return to power, concerns about federal spending and the role of big tech remain at the forefront of Republican discourse. The debate over cutting waste and reigning in the size of government is far from over, and Bannon’s latest comments reflect the ongoing tension within the party as it seeks solutions to the nation’s economic woes.