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
U.S. intelligence agencies are warning that Russian President Vladimir Putin could attempt a limited attack against a NATO member within the next several years, potentially testing whether the alliance is willing to respond militarily, according to a Wall Street Journal exclusive.
Turkey, Saudi Arabia and Pakistan are expected to sign a joint defense agreement in Saudi Arabia on Friday, marking a potentially significant shift in the military balance of the Middle East and broader Muslim world.
British Prime Minister Andy Burnham pledged “relentless” action to curb illegal migration after official figures showed that more than 2,000 asylum seekers crossed the English Channel in small boats during his first two weeks in office.
Iraq’s highest appellate court has ordered authorities to recognize a woman’s Christian faith in state records rather than the Muslim designation forced on her under Iraqi law.
U.S. Senators advanced, in an 8-5 vote on Thursday, a contempt of Congress resolution that would refer Anthony Fauci to the U.S. Attorney’s Office in Washington, D.C.
President Donald Trump signed two executive actions Thursday aimed at restricting birth tourism and limiting automatic citizenship in certain cases, renewing his effort to confront what the administration calls widespread abuse of America’s immigration and citizenship laws.
The Trump administration’s Department of Justice has filed a federal lawsuit against Montgomery County, Maryland, challenging a new gun-control ordinance that restricts licensed citizens from carrying firearms in and around churches and thousands of other locations.