Department of Government Efficiency claimed to save US federal government $55 billion through staff reductions, lease cancellations, and a list of terminated contracts. The savings listed on the website are difficult to verify, and the math behind the reported cuts often doesn’t account for additional termination costs or the actual impact of canceled contracts. Experts in federal contracting expressed skepticism about the effort’s accuracy. The website lists 1,125 contracts accounting for about 20% of the reported savings, but Musk’s team has provided no data to verify the remaining savings, such as workforce reductions. DOGE has a target of $2 trillion in savings and the Elon Musk-led department, as on Monday, already achieved $55billion. It suggested the deletion of the US Agency for International Development (USAID) that provides funds to war-torn countries, the Department of Education and will put forth their further recommendations. President Trump praised the department and its \”smart\” work done by Elon Musk dismissing any scope of any conflict of interest.
