Termination of ‘Wasteful Contracts’ Saves US Government $470 Million Last Week: DOGE

Over the past seven days, various government agencies have terminated 312 “wasteful contracts” with a ceiling value of $2.8 billion, the Department of Government Efficiency (DOGE) said in a June 26 post on the social media platform X. The cancellation saves $470 million for the taxpayers, it said. Canceled contracts include a Department of Defense $286,000 “professional and management development contract for an ‘entrepreneurship course at Harvard University,’” and a $485,000 “USAID contract for a ‘senior general development advisor at USAID Madagascar.’” According to the DOGE website, it has, thus far, saved an estimated $180 billion in government spending as of June 3, which comes to $1,118 per taxpayer. The savings are the result of contract and lease cancellations and renegotiations, grant cancellations, deletion of fraud and improper payments, asset sales, and workforce reductions....