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 team's "wall of receipts" shows errors in tallying billions in savings
A closer inspection of another big so-called savings: the cancellation of a contract DOGE identified as worth $8 billion was in fact worth only $8 million. This single mistake slashed the receipts ...
Musk's DOGE touted slashing an $8 billion contract. It actually cut $8 million.
The $7.992 billion mistake raises questions about DOGE's accounting and savings claims as it works to swiftly gut the federal bureaucracy.
The math questions behind DOGE's $55 billion savings claim
The Elon Musk-led DOGE's latest update on an accounting of its cost-cutting measures to date raises more questions than answers: It didn't take long before at least one major error was identified in its receipts.
Elon’s DOGE Claimed It Saved $8 Billion. The Real Figure Was $8 Million.
Elon Musk’s Department of Government Efficiency claims to be fighting the scourge of government “waste” and fraud and, this week, DOGE claimed that it had already saved taxpayers tens of billions of dollars.
How long $1 million of retirement savings will take to run out in every U.S. state—it’s only 12 years in Hawaii
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Elon Musk and DOGE promised up to $2 trillion in government savings. How much have they actually saved so far?
As the head of President Trump’s new Department of Government Efficiency (DOGE), Tesla CEO Elon Musk has vowed to cut between ...
Will DOGE savings be passed on in stimulus checks? Trump, from Florida, said he's considering idea
A suggestion gathering steam on social media calls for DOGE savings to be sent to taxpayers via stimulus checks. President ...
Could Trump really return DOGE savings to taxpayers?
With the annual budget deficit at $1.8 trillion last year and Trump proposing extensive tax cuts, there will also be ...
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54 Year Old Retiree With A $4 Million 401(K) Doesn’t Know What To Do
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Broadview Heights may use $11.5 million in savings to build new fire station
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