The two men have teamed up with Trump to try to cut the size and scope of government. Here's what could stand in their way.

If you're looking to take a chainsaw to the federal government, Musk seems perfectly suited to the job. At Twitter, he eliminated a staggering 80% of the staff — over 6,000 people. At Tesla, he cut 10% of the workforce,

Describing Musk’s approach to tackling bureaucracy, Ramaswamy said, “I don’t know if you’ve met Elon yet, but he doesn’t bring a chisel. He brings a chainsaw. We are going to be taking it to that bureaucracy.

It's a policy that has benefited Elon Musk, Tesla's CEO and Trump's newly appointed head of the proposed Department of Government Efficiency. Musk, a vocal Trump supporter and the world's richest person,

The department wouldn't be a department at all, but an outside group that can likely only make suggestions — unless Trump tries to axe current laws.

Wood said Musk understands the world is at “the threshold of a convergence among many technologies.”

There's a chance the Department of Government Efficiency's plans could lead to the deepest cuts to the federal government in generations.