Nearly 40% of contracts canceled by DOGE are expected to produce no savings: Report
- Nearly 40% of the federal contracts canceled by the Trump administration are expected to yield no savings, according to DOGE's data.
- Specifically, 417 contracts totaling $478 million are not expected to save money, as they are already fully obligated.
- Charles Tiefer stated, 'It’s like confiscating used ammunition after it’s been shot when there’s nothing left in it.'
- DOGE claims that overall contract cancellations will save more than $7 billion, a figure questioned by independent experts.
28 Articles
28 Articles
Did Musk fail in the calculations? 40% of layoffs by DOGE will not generate ‘no kind of savings’, they reveal
Almost 40 percent of the federal contracts that the Trump administration in the US claims to have cancelled as part of its flagship cost reduction program are not expected to save the government money, according to the executive's own data. The Government Efficiency Department, led by Elon Musk, published last week an initial list of 1,125 contracts cancelled in recent weeks across the federal government. Data published in DOGE's "Wall of Receip…
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