Bill Ackman’s proposal for government transparency would be a game changer

CEO Bill Ackman is throwing out ideas to improve government transparency, and even Vivek Ramaswamy is taking notice.

Ramaswamy, along with billionaire X owner Elon Musk, have teamed up to tackle the seemingly impossible task of helping the government function better. The Department of Government Efficiency (DOGE) is tasked with examining the current state of things and coming up with ideas to help.

Ackman has made some proposals that caught the eye of Ramaswamy.

People have expressed skepticism about how @DOGE can be effective without any formal authority. I think today’s events around the spending bill provide a road map for rapid DOGE progress.

There are three steps to successful DOGE execution:

Step 1 Transparency@VivekGRamaswamy… https://t.co/cXc1kaxZjZ

— Bill Ackman (@BillAckman) December 18, 2024

“People have expressed skepticism about how [DOGE] can be effective without any formal authority. I think today’s events around the spending bill provide a road map for rapid DOGE progress,” he wrote on X.

“There are three steps to successful DOGE execution: Step 1 Transparency. [Ramaswamy] read the bill and summarized the contents on [X,]” he continued. “Step 2 The People Speak. The people including [Musk] express their disgust with the bill calling out particularly egregious waste for color on the contents. Step 3 The Congress Reacts. Faced with a spending bill that the people don’t like with the risk of being primaried for supporting a bill filled with pork and other waste, the bill fails to garner needed support to pass.”

“With its first test case, [DOGE] shows how it is done. As [DOGE] identifies waste or bad regulations, it just needs to follow the three steps,” the post concluded. “Power to the people.”

In a follow-up post, he also proposed a footnoting system for legislation.

Imagine if all bills were required to be footnoted with references to which Congressman added a provision to a bill. We could then see from whence the pork comes.

The way it has historically been done, there is no cost to being behind a particularly egregious piece of pork.… https://t.co/VyouMo2jm3

— Bill Ackman (@BillAckman) December 19, 2024

“Imagine if all bills were required to be footnoted with references to which Congressman added a provision to a bill. We could then see from whence the pork comes,” Ackman mused. “The way it has historically been done, there is no cost to being behind a particularly egregious piece of pork. With this change, there would be a cost to even proposing government waste.”

Ramaswamy built onto these ideas, making for a very exciting concept for all who are into government transparency and accountability.

Combine this with real-time digital transparency to the public as bills are created & we’d have a lawmaking process that people actually trust. https://t.co/550PoDrOLC

— Vivek Ramaswamy (@VivekGRamaswamy) December 19, 2024

“Combine this with real-time digital transparency to the public as bills are created & we’d have a lawmaking process that people actually trust,” he said.

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