Elon Musk and Vivek Ramaswamy will head to Capitol Hill next week to meet with Republicans on their plan to slash regulations and other parts of the federal government.

Economists have warned that the "Department of Government Efficiency" could make cuts to essential services impacting public safety.

The Tesla CEO will host regular "Dogecasts" with Vivek Ramaswamy that will provide updates on their mission to slash government spending.