DOGE Says Cost-Cutting Efforts Have Saved an Estimated $55 Billion So Far

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Contract cancellations alone accounted for about 20 percent of the overall savings, DOGE stated.

The Department of Government Efficiency, or DOGE, led by SpaceX CEO Elon Musk, said its cost-cutting efforts across several federal agencies have saved an estimated $55 billion as of Feb. 17.

The savings came from a combination of fraud deletion, contract and lease cancellations and renegotiations, asset sales, grant cancellations, workforce reductions, programmatic changes, and regulatory savings implemented across federal agencies, according to DOGEโ€™s website.

DOGE stated that contract cancellations alone accounted for approximately 20 percent of the overall savings accumulated since the advisory body was established.

The top 10 agencies with the highest total contract savings include the U.S. Agency for International Development (USAID), the Department of Education, the Office of Personnel Management, the Department of Health and Human Services, and the Department of Agriculture.

DOGE has canceled more than 200 contracts issued by USAID, the agency responsible for administering U.S. foreign aid and development assistance, according to the data.

The list includes cancellations of contracts related to diversity, equity, and inclusion (DEI) initiatives across several agencies.

Among the contracts canceled was a $45 million DEI scholarship program issued by USAID in Myanmar, formerly Burma, and a $36 million DEI training contract for leadership and supervisors in the Department of Homeland Security, and $130,000 for DEI training at the Department of Defense.

Subscriptions to Politico Pro, The Washington Post, Bloomberg Government, and The Wall Street Journal, were also canceled.

โ€œWe are working to upload all of this data in a digestible and fully transparent manner with clear assumptions, consistent with applicable rules and regulations,โ€ DOGE stated on its website.

DOGE stated that the data will be updated twice per week while the website is being improved. The advisory group aims to provide real-time updates in the future.

DOGE announced on Feb. 17 that it found $4.7 trillion worth of payments from the Treasury Department that were missing account identification codes, making the payments difficult to trace.

Byย Aldgra Fredly

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