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
Senior European intelligence officials see little chance of ending Russia’s war in Ukraine this year, despite President Donald J. Trump’s claim that U.S.-brokered negotiations have brought a peace deal “reasonably close.”
British police raided two properties linked to former Prince Andrew on Thursday and detained the 66-year-old royal on suspicion of misconduct in public office, escalating scrutiny over his past association with the late U.S. financier and convicted sex offender Jeffrey Epstein.
Christians in Pakistan’s Punjab province were searching Thursday for an abducted minor girl, days after the provincial governor signed legislation raising the legal marriage age to 18 and criminalizing child marriage as a non-bailable offense.
The U.S. trade deficit edged slightly lower in 2025 but remained the third-largest on record, underscoring the scale of America’s global trade imbalance even amid sweeping tariffs imposed by President Donald Trump.
The United Kingdom will not allow the Pentagon to use British-controlled bases to launch potential military strikes against Iran, according to a report by The Times of London.
President Donald Trump on Thursday unveiled what he called a historic new diplomatic framework — the “Board of Peace” — during an inaugural meeting at the U.S. Institute of Peace, announcing billions in pledges for Gaza reconstruction and signaling that a major decision on Iran could come within days.
President Donald Trump is weighing an initial, limited military strike on Iran aimed at forcing Tehran to meet U.S. demands for a comprehensive nuclear agreement, the Wall Street Journal reported.