Elon Musk and Vivek Ramaswamy are traveling to Washington, DC, next week to meet with Republican lawmakers on ways to shrink the federal government as co-leaders of the Department of Government Effectiveness (DOGE) under the new Trump administration.

House Speaker Mike JohnsonR-La., announced on X that he would host the two billionaires for a discussion with GOP members on Thursday, and extended a save-the-date invitation to all Republican lawmakers in the House and Senate for the gathering.

Elon Musk, left, and Vivek Ramaswamy are co-leaders of the Department of Government Effectiveness. (Getty Images/Getty Images)

“I look forward to welcoming @elonmusk and @VivekGRamaswamy next week to Capitol Hill to discuss major reform ideas aimed at achieving regulatory repeals, administrative reductions and cost savings – and reviving the principle of limited government !” Johnson wrote. “@realDonaldTrump made this possible!”

Musk and Ramaswamy waste no time laying out their vision for reducing government overload through DOGE. The two men wrote an opinion article published in The Wall Street Journal last week, explaining how the agency outside the government will work to determine suggestions for cuts.

MUSK AND RAMASWAMY PRESENT DOGE VISION IN WSJ OP-ED: 5 TAKEAWAYS

The entrepreneurs have committed to removing entire government agencies as part of the DOGE initiative, which they intend to finalize by July 4, 2026.

In their opinion piece, Musk and Ramaswamy focused largely on how DOGE could help identify waste and regulations that could be eliminated by the executive branch. Now, Johnson’s announcement indicates that the agency will also work closely with Congress.

House Speaker Mike Johnson, R-La., speaks during a news conference on the 2024 election results in front of the U.S. Capitol in Washington, DC, November 12. (Andrew Harnik/Getty Images / Getty Images)

Republicans will control the White House and both houses of the legislature when President-elect Trump returns to office in January and several GOP members have already expressed interest in helping the agency.

SEN. ERNST SENDS LETTER TO MUSK AND RAMASWAMY DETAILING AREAS WHERE DOGE CAN CUT SPENDING

But DOGE critics have expressed skepticism that it can deliver on ambitious plans for massive cuts to the federal government, citing limits on presidential power, as well as the fact that Republicans’ narrow majorities will mean the GOP will likely need purchase. from some Democrats to pass legislation that would impose budget cuts.

Rep. Ro Khanna, D-Calif., suggested last week that DOGE might be able to find bipartisan support for its initiatives, signaling an openness to hearing what the agency proposes.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

“If they say there needs to be more open competition – not monopolization – in defense contractors and offer recommendations, that’s something that I think could be supported,” Khanna said at CNN. “If they find areas of truly wasteful spending in government, they will get support. But if they start recommending cuts to Social Security, to Medicare, or to Title One education funding, they will will encounter a lot of resistance. So it really depends on what they’re recommending.”