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

5Mind. The Meme Platform
The Epoch Times Header

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 DOGE’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.

“We are working to upload all of this data in a digestible and fully transparent manner with clear assumptions, consistent with applicable rules and regulations,” 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.

By Aldgra Fredly

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

EU Commissar: Free Speech Is a Virus, Censorship the Vaccine

Ursula von der Leyen likened “malign information” to a virus, arguing society must be inoculated through “prebunking,” widely seen as censorship.

The family fault line

The future of humanity rests not upon government, but with the family. A principle that is as bold as it is true and profound.

Media is an Arm of the DNC

Those on the conservative right have realized both television, Hollywood, and the web have been biased in favor of the left and their causes and positions.

When Narrative Replaces Law

When media abandons its responsibility to inform and chooses to provoke, it does not distort truth. It creates the very chaos it then pretends to lament.

Behind the Curtain

At times people sense something is wrong. Events seem disconnected, yet together form a pattern of irrational policies, cultural shifts, and baffling narratives.

New York Civil Trial to Examine Liability in Teen Gender Surgery Case

The trial will determine liability for medical providers accused of malpractice in a gender dysphoria treatment involving surgery on a 16-year-old patient.

ICE Agent Involved in Shooting Is Getting Death Threats, Border Czar Says

Border czar Tom Homan defended ICE amid protests against the agency in the wake of the shooting death of a woman in Minneapolis.

Tens of Thousands Join Protests in Minneapolis After ICE Shooting

Tens of thousands of people took to the streets of Minneapolis on Jan. 10 to protest the shooting of Renée Nicole Good by an ICE officer,

Schools Increasingly Consider Rewarding Teachers for Results, Not Seniority

Across many states and hundreds of school districts, traditional teacher pay based on seniority is being replaced by merit and performance models.

Treasury Secretary Says US Can Easily Cover Any Tariff Refunds

The Treasury currently has $774 billion, more than enough to cover refunds if the Supreme Court rules against the government, Scott Bessent says.

Trump Declares National Emergency to Shield Venezuelan Oil Revenues Held in US Custody

Trump signed an EO declaring a national emergency to block courts or private creditors from seizing Venezuelan oil revenues held in U.S. Treasury accounts.

Trump Directs Purchase of $200 Billion in Mortgage Bonds

President Trump on Thursday ‍said the United States will purchase $200 billion ‌in mortgage bonds, with the goal of bringing down housing costs.

Trump Says US Will Begin Land Strikes on Cartels in Mexico

President Donald Trump announced in an interview aired Jan. 8 that the United States would begin launching strikes on cartels in Mexico.
spot_img

Related Articles