A recent report by the Department of Government Efficiency (DOGE), led by Elon Musk, claims to have saved an estimated $55 billion through various cost-cutting measures. However, a Washington Post analysis found that the agency’s numbers are likely inflated due to outdated contract data and inaccurate savings estimates. The agency listed 1,125 canceled contracts with purported $7.2 billion in savings, but many of these deals were already complete, resulting in no actual savings. Experts say the DOGE website has made several modifications to the data since its launch, wiping nearly $9.3 billion from its original savings estimate. Additionally, the agency’s claims of saving millions on leases and other contracts are also questionable due to discrepancies with government records and landlord accounts. This raises concerns about the accuracy and transparency of the agency’s reporting, highlighting the need for closer scrutiny of government cost-cutting efforts.
Source: https://www.washingtonpost.com/business/2025/02/22/doge-savings-found-list-analysis