HON - Presidential Hopeful Vivek Ramaswamy Touts 'Zero-Base Budgeting' As Fix For Staggering US Debt: 'That's How Any Good CEO Would Handle This Mess' | Benzinga
Presidential hopeful Vivek Ramaswamy, who is rising up in ranks in the Republican presidential primary, emphasized the need to have “zero-base budgeting” in the second GOP debate held at the Ronald Reagan Presidential Library in California Wednesday note.
What Happened: “Starting in 2025, we will apply *zero-base* budgeting to the entire federal government: start from scratch in each department & ask what (if any) spending is required, rather than using last year's budget as the default starting point,” said Ramaswamy in a post on X, formerly Twitter, echoing his comments in the debate.
Ramaswamy, who has experience founding and running businesses, including the publicly traded pharma portfolio company Roivant Sciences, said, “That’s how any good CEO would handle this mess.”
He highlighted the U.S. debt, which currently ...