SCOOP: Dept of Energy says it saved $700M in Trump's first 100 days by cutting 'wasteful' programs
In the first 100 days of Donald Trump's presidency, the Department of Energy reported saving over $700 million by cutting programs deemed 'wasteful,' including those related to diversity, equity, and inclusion, as well as climate initiatives associated with the Green New Deal. These cuts are part of a broader effort to save $3 billion through the cancellation of contracts that have not yet been finalized. The administration claims these efforts have resulted in at least $160 billion in savings overall, approximately $993.79 per taxpayer, achieved through various measures such as asset sales, contract cancellations, and regulatory savings. The Department of Health and Human Services leads the savings leaderboard, while the Department of Justice ranks last. Elon Musk's involvement with the Department of Government Efficiency (DOGE) is coming to an end, marking a phase of notable administrative changes and fiscal conservatism under the Trump administration.
The Department of Energy (DOE) achieved immediate savings of over $700 million in Trump's first 100 days by canceling 'wasteful' programs, particularly those linked to diversity, equity, inclusion (DEI), and progressive climate change goals of the Green New Deal.
The DOE's efforts are part of a larger plan to save $3 billion, involving the cancellation of contracts not yet finalized, reflecting the administration's focus on reducing government spending.
Overall government savings during this period reached at least $160 billion, translating to about $993.79 per taxpayer, through asset sales, contract cancellations, renegotiations, and regulatory changes.
The Agency Efficiency Leaderboard places the Department of Health and Human Services at the top for savings, while the Department of Justice ranks lowest, indicating varying levels of efficiency across government departments.
Elon Musk's tenure as a 'special government employee' with the Department of Government Efficiency (DOGE) is concluding, highlighting his role in this fiscal initiative.
The savings strategy reportedly includes measures like fraud and improper payment elimination, grant cancellations, interest savings, programmatic changes, and workforce reductions.
The Trump administration, committed to efficient government spending, credits these efforts for making the government more accountable and effective stewards of taxpayer dollars.