DOGE’s claim that it saved $8 billion by canceling an $8 million contract raises questions about its ‘wall of receipts’
Elon Musk’s Department of Government Efficiency disclosed for the first time this week a snapshot of some of the government contracts it has canceled, claiming to have saved taxpayers about $55 billion.
DOGE Claimed It Saved $8 Billion in One Contract. It Was Actually $8 Million.
By Wednesday morning, DOGE had updated its list to show $8 million in savings, though it did not acknowledge the error or explain how it might affect its calculation of total money saved, which remained unchanged. A loss of $8 billion in savings would represent nearly 15 percent of the total savings claimed by DOGE.
DOGE released data about federal contract savings. It doesn't add up
A new government tracker claims DOGE has saved billions from ending federal contracts. But an NPR analysis of the data finds the claimed savings don't add up.
DOGE Contract Cuts Worth $8.5 Billion So Far, a Fraction of Federal Outlays
Tech billionaire Elon Musk's government cost-cutting effort has so far pared hundreds of relatively small contracts it says have saved U.S. taxpayers $8.5 billion, according to a Reuters analysis of partial data published by his team,
DOGE team's "wall of receipts" shows errors in tallying billions in savings
The initial accounting by DOGE of its estimated savings was overstated by billions of dollars, a review by CBS News found.
DOGE says it’s saved $55 billion, itemized data show far less
DOGE’s accounting raises questions about the reliability of their self-reporting and their level of accountability.
Bessent Says DOGE Has Saved $50 Billion So Far
Treasury Secretary Scott Bessent says the Department of Government Efficiency has found an estimated $50 billion in government savings in only a few weeks. Elon Musk, who runs DOGE, says he wants to reduce the deficit by $1 trillion.
NYT: DOGE claims it saved $8B in one contract, but it was only $8M
The Department of Government Efficiency, the federal cost-cutting initiative championed by Elon Musk, published on Monday a list of government contracts it has canceled, and the New York Times finds the DOGE list 'vastly overstated the actual intended value' of one contract for the Immigration and Customs Enforcement agency.
DOGE claims $55 billion in government cuts so far -- but the figure is hard to verify
DOGE claims that so far its cuts have saved the public $55 billion in federal funds -- but that's not yet possible to verify ...
What we know about rumor Musk makes $8M per day from US government contracts
Using The New York Times' figures, Musk's companies would have made roughly $8 million per day from government contracts in fiscal year 2023. These figures are backed by usaspending.gov data, which ...
DOGE says it has saved government $55B so far
The Department of Government Efficiency (DOGE) in a post on its website says it has found $55 billion in savings through a combination of efforts, including a reduction in the federal workforce.
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As Musk works to slash federal spending, his own firms have received billions in government contracts
As Elon Musk has led an effort to slash government spending, his own companies have, over the last few years, received ...