The Department of Government Efficiency has helped federal agencies terminate 8,500 contracts, saving taxpayers up to $160 billion in the first 100 days of Donald Trump’s second term, it says. But if Congress doesn’t use savings to pay down deficit, its mandate could fade.
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The Department of Government Efficiency has helped federal agencies terminate 8,500 contracts, saving taxpayers up to $160 billion in the first 100 days of President Donald Trump’s second term, it says. It also axed nearly 10,000 grants totaling $33 billion, including many from USAID.
It’s terminated nearly 650 leases, resulting in about $311 million in savings.
