Rep. Pat Fallon, R-Texas, discusses DOGE cuts and Invoice Gates’ reported feud with Elon Musk on ‘The Backside Line.’
The Division of Authorities Effectivity introduced in a Monday put up on X that companies had lately nixed “111 wasteful contracts,” leading to tens of millions of {dollars} in financial savings.
“Nice work by companies over the past three days terminating 111 wasteful contracts with a ceiling worth of $790M and financial savings of $263M,” the put up on X famous, earlier than happening to provide a few examples.
The put up signifies the canceled contracts included $21,000 for an govt teaching program for the Power Division and $480,000 for U.S. Company for World Media “FM operations and upkeep” in Lusaka, Zambia.
JOANN, MACY’S, OTHER STORE CLOSURES PART OF A 274% SPIKE IN RETAIL LAYOFFS IN 2025
Greater than 100 “wasteful contracts” have been canceled by federal companies, DOGE introduced. (Getty Photographs)
Fox Information Digital reached out to the U.S. Division of Power and the U.S. Company for World Media for remark, however didn’t obtain responses by the point of publication.
The Trump administration’s DOGE effort seeks to deal with authorities waste, fraud, and abuse.
Elon Musk has stepped down from his management position at DOGE and has criticized Trump in latest days. (Francis Chung/Politico/Bloomberg through Getty Photographs)
Elon Musk, who has stepped down from spearheading the DOGE effort, traded jabs with President Donald Trump throughout a public feud final week.
However the tensions seem to have thawed between the 2 males.
US LAYOFFS SPIKE NEARLY 50% AS DOGE-DRIVEN CUTS TAKE CENTER STAGE
Rep. Tim Burchett, R-Tenn., discusses the impression of tensions between Elon Musk and President Donald Trump on chopping authorities spending on ‘Making Cash.’
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Musk tweeted the guts emoji on Monday in response to a video clip wherein Trump stated he wished Musk “very nicely.”
