DOGE is overstating savings from contract cuts
CBS America · Just In
CBS America
Just In
While the Department of Government Efficiency was largely created to reduce federal spending, multiple reports show DOGE is vastly overstating how much money it has saved.
Breakdown
- DOGE has been found to overstate savings from canceled government contracts. 9s
- A claimed $6.4 billion in savings was actually only $165 million, according to CBS News. 20s
- DOGE calculates savings using contract ceilings rather than actual spending, leading to inflated figures. 1m 56s
- Of $33 billion in claimed contract savings, only $1.4 billion was actually saved. 4m 15s
- Savings from canceled contracts are reallocated within agencies and do not directly benefit taxpayers. 4m 27s