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Fortune
Fortune
Alena Botros, Irina Ivanova

One-third of the contracts DOGE killed saved no money: 'Like confiscating used ammunition'

  • The Department of Government Efficiency might be killing contracts, but that doesn’t mean it’s producing savings for each one—because the money could have already been spent. 

The Department of Government Efficiency, the non-cabinet body that may or may not be run by Elon Musk, has been tasked by the president to dramatically cut government spending. But an initial list of 1,125 federal government contracts that the cost-cutting body says it recently terminated includes more than a third, or a total of 417, that will result in zero savings, the Associated Press reported. 

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