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
Senate Democrats are preparing a renewed effort next week to limit President Donald Trump’s military authority, advancing a war powers resolution that would require congressional approval before any further U.S. action against Iran.
Talks at the White House between NATO chief Mark Rutte and U.S. President Donald J. Trump were expected to be overshadowed by concerns about the future role of the United States in the military alliance.
Hungary’s government offered support, mainly through intelligence, to Iran less than two weeks after Israel carried out pager detonations in September 2024 against the Hezbollah group, a report revealed Wednesday.
U.S. Defense Secretary Pete Hegseth said all U.S. military objectives in Iran had been achieved, signaling what he described as a successful outcome of the conflict.
A Christian teenager was shot and killed in Pakistan’s volatile Punjab Province on Wednesday shortly after another person died when a truck rammed into a crowd of roughly 200 Christians, sources told Worthy News.
U.S. Vice President JD Vance said a fragile ceasefire with Iran could hold if Tehran follows through on commitments to reopen the Strait of Hormuz, while warning the situation remains uncertain.
Azerbaijan’s Supreme Court has upheld a nine-year prison sentence against Farid Mehralizade, a journalist with U.S.-backed Radio Free Europe/Radio Liberty (RFE/RL), rejecting his appeal in a case condemned by critics as unjust and seen as a test of press freedom in the former Soviet republic.