Musk’s DOGE Contract Cancellations: Expected Zero Savings, Massive Costs
Analysis of the Trump administration’s contract cancellation program reveals that 417 of the 1,125 terminated contracts, totaling $478 million, are not expected to generate any cost savings due to pre-existing financial obligations. This is because funds were already committed for goods and services, rendering the cancellations ineffective. Experts criticize this “slash and burn” approach, arguing it could harm government operations and that alternative methods for achieving efficiencies exist. Despite the administration’s claim of over $7 billion in savings, independent assessments raise doubts about the accuracy of this figure.
John Q. Hosedrinker