Former President and current convicted felon Donald Trump just revealed his hand at a speech in New York after he announced his attempt to create a government efficiency commission, which would be headed by Elon Musk, according to the New York Times. This commission would seek out aspects of the federal government to cut, which Trump claims will save “trillions.”

Trump did not address the potential conflict of interest behind this idea—namely, that Musk’s company SpaceX has direct contracts with the federal government for both space exploration and military technology. Additionally, Tesla received benefits from the government in the form of tax credits and direct government incentives to generate electric cars.

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Other problems seen in Trump’s speech include proposed tax cuts and a claim that for every government regulation he implements0, he’ll remove ten others.

Trump also characterized his administration as one of unparalleled economic growth, something that conflicts with much of the data we’ve seen. His administration saw a rapid increase in the national debt as a result of his tax cuts, and there was not much evidence that the growth seen under his administration was due to anything but a continuation of prior trends.

According to the New York Times, Trump advisors did not know about any specifics for how these policies would pan out.

Joseph Costello, a Harris campaign spokesman, said of Trump’s promised economic decisions, “His agenda will shrink the economy, crush job growth, raise taxes on the middle class, drive up inflation, and explode the national debt.”

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