The Department of Government Efficiency (DOGE) announced that it has saved an estimated $55 billion.
“Let’s balance the budget! DOGE’s total estimated savings are $55 billion, which is a combination of fraud detection/deletion, contract/lease cancellations, contract/lease renegotiations, asset sales, grant cancellations, workforce reductions, programmatic changes, and regulatory savings,” DOGE declared on its website.
DOGE explained that it is working to upload the data in a “digestible and fully transparent manner with clear assumptions, consistent with applicable rules and regulations.”
The top 10 agencies with contract savings include, as listed by DOGE:
- USAID (US Agency for International Development)
- ED (Department of Education)
- OPM (Office of Personnel Management)
- HHS (Health and Human Services)
- USDA (Department of Agriculture)
- DHS (Department of Homeland Security)
- GSA (General Services Administration)
- Commerce (Department of Commerce)
- EPA (Environmental Protection Agency)
- HUD (Housing and Urban Development)
The top agencies based on savings as a percentage include:
- USAID (US Agency for International Development)
- CFPB (Consumer Financial Protection Bureau)
- EOP (Executive Office of the President)
- GSA (General Services Administration)
- ED (Department of Education)
- OPM (Office of Personnel Management)
- DHS (Department of Homeland Security)
- Commerce (Department of Commerce)
- EPA (Environmental Protection Agency)
- USDA (Department of Agriculture)
DOGE’s website included a “wall of receipts” to highlight contract values and savings. Now-ended real estate leases were also included on the announcement.
DOGE recently revealed that $1.9 billion was “misplaced” by the former Biden administration. The revelation followed the formation of a DOGE task force within the Department of Housing and Urban Development (HUD).
“$1.9 billion of HUD money was just recovered after being misplaced during the Biden administration due to a broken process,” DOGE stated in a post on X. “These funds were earmarked for the administration of financial services, but were no longer needed. @SecretaryTurner and @DOGE worked together to fix the issue and de-obligated the funds which are now available for other use by the Treasury.”
