Billionaire businessman Elon Musk said on Monday that President Trump agreed the United States Agency for International Development should be shut down.

Elon Musk said he is feeding USAID thorugh the wood chipper. The federal agency provides disaster relief across the world and promotes democracy.

USAID programs include things like vaccination initiatives, which can help prevent the spread of diseases, but critics claim the spending is wasteful.

Formed in 1961, the agency with a roughly $40 billion budget provides humanitarian assistance abroad and funds other projects to further U.S. interests.

Elon Musk and President Donald Trump are shutting down USAID, a federal foreign aid agency that houses Food for Peace, which has a Kansas history.

Tech billionaire Elon Musk said he is feeding the Washington foreign aid agency "into the wood chipper" as part of an effort to slash federal spending.

President Donald Trump and his team are having discussions about merging USAID into the State Department in order to significantly reduce the size of the agency's workforce for efficiency purposes, a senior White House official told Reuters on Monday.

Elon Musk called USAID a criminal organization that should “die.” Proponents say it’s a key arm of U.S. influence that, if destroyed, “cannot be easily rebuilt.”