The Department of Government Efficiency (DOGE) recently cut nearly $420 million in contracts within 80 hours, a move that could reduce the federal budget by up to 3% of Elon Musk’s original goal. This staggering figure highlights DOGE’s early efforts at cost-cutting and deregulation, with President Trump’s executive order redefining its mission as a focus on IT systems rather than previous priorities. While details about these cancellations remain unclear, the number 420 has become a symbol of DOGE’s peculiar approach to budgeting, including references in Elon’s posts and tweets. The group’s actions suggest they’re already making significant strides toward their stated goals, though verification remains elusive. For now, this bold move underscores the potential for further impactful reforms ahead.
Source: https://www.businessinsider.com/elon-musk-doge-early-spending-dei-contracts-2025-1