by Emmitt Barry, Worthy News Correspondent
(Worthy News) – DOGE, led by Elon Musk, reports $55 billion in federal savings since its inception on February 17.
According to DOGE’s website, the $55 billion in savings resulted from fraud elimination, contract and lease renegotiations and cancellations, asset sales, grant cancellations, workforce reductions, program changes, and regulatory savings across federal agencies.
“We are working to upload all of this data in a digestible and fully transparent manner with clear assumptions, consistent with applicable rules and regulations,” DOGE stated.
DOGE’s website now includes a detailed “wall of receipts” to verify its savings and lists the top ten agencies with the highest contract savings.
On Feb. 17, DOGE reported discovering $4.7 trillion in Treasury Department payments lacking account identification codes, complicating traceability.
The Treasury Access Symbol (TAS) is an identification code linking a Treasury payment to a budget line item (standard financial process).
In the Federal Government, the TAS field was optional for ~$4.7 Trillion in payments and was often left blank, making traceability almost…
— Department of Government Efficiency (@DOGE) February 17, 2025
“In the Federal Government, the TAS field was optional for ~$4.7 trillion in payments and was often left blank, making traceability almost impossible,” DOGE stated in a social media post.
“As of Saturday, this is now a required field, increasing insight into where money is actually going.”
Upon assuming office on Jan. 20, President Donald Trump signed an executive order renaming the U.S. Digital Service to DOGE. The order assigns it to identify potential downsizing and cost-saving opportunities within federal agencies and sets a completion deadline of July 4, 2026.
Elon Musk has previously stated his goal to identify up to $2 trillion in potential savings.
Copyright 1999-2026 Worthy News. This article was originally published on Worthy News and was reproduced with permission.
More Worthy News
A series of unusually large market bets on falling oil prices — totaling an estimated $7 billion — is drawing growing scrutiny after the trades repeatedly occurred minutes before major Iran-related policy announcements by President Donald Trump, according to a Reuters analysis and market experts.
The Israeli military announced Sunday that it carried out a sweeping series of operations against the Iranian-backed terror organization Hezbollah in Southern Lebanon, striking more than 40 terror infrastructure sites and killing over 100 terrorists over the weekend.
More than 200 children were rescued and more than 350 child sex offenders arrested in one month in the latest Department of Justice targeted enforcement operation to find child sex abuse victims and arrest child sex predators.
A clandestine Israeli military outpost deep inside Iraq’s western desert reportedly played a critical role in Israel’s recent five-week air campaign against Iran, according to a Wall Street Journal exclusive citing U.S. officials and other sources familiar with the operation.
Presidents of Christian colleges and seminaries are raising concerns over a provision tucked inside President Donald Trump’s sweeping domestic policy package, the “One Big Beautiful Bill Act,” warning it could severely impact students preparing for ministry and religious vocations.
Satellite imagery appears to show a massive oil slick spreading off the coast of Iran’s strategically vital Kharg Island, raising fresh concerns over environmental damage and growing instability in the Persian Gulf amid ongoing regional tensions.
The Trump administration on Friday released the first batch of formerly classified government documents, videos, and photographs related to unidentified aerial phenomena (UAPs), opening decades of mysterious military and government reports to public scrutiny.