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