How Much Money Has DOGE Saved So Far?
On January 28, DOGE wrote on X that it was “saving the Federal Government approx. $1 billion/day, mostly from stopping the hiring of people into unnecessary positions, deletion of DEI and stopping improper payments to foreign organizations, all consistent with the President’s Executive Orders.” It also expressed a need to increase savings to “>$3 billion/day.”
It’s worth noting, of course, that there is no way of verifying these figures. While DOGE is quite forthcoming in some respects, it doesn’t provide a complete breakdown of its alleged cuts, meaning that one should take its declarations with a pinch of salt.
Meanwhile, Musk claimed last week that he was “cautiously optimistic” DOGE would reach its stated aim of $4 billion a day in savings, putting it on course to reduce the federal deficit by $1 trillion in fiscal year 2026. With many more programs yet to be picked apart, expect mass layoffs, office closures, and cutbacks, to become a regular fixture on the news over the coming weeks and months.
