DOGE claim it saved $8 billion by canceling an $8 million contract raises questions about its ‘wall of receipts’
1 month ago

DOGE claim it saved $8 billion by canceling an $8 million contract raises questions about its ‘wall of receipts’

CNN  

CNN — Elon Musk’s Department of Government Efficiency disclosed for the first time this week a snapshot of some of the government contracts it has canceled, claiming to have saved taxpayers about $55 billion. A CNN review of contracting data showed that about two-thirds of the total claimed savings from contracts listed on the DOGE site came from taking the maximum amount that could possibly have been spent on so-called “indefinite delivery” contracts like the questionable ICE contract — even if the government was unlikely to spend that much. One former federal contracting official called DOGE’s savings claims “completely disingenuous.” The website, DOGE.gov, lists more than 1,100 contracts that DOGE says it canceled, along with 97 government leases that are being terminated or not renewed, on what it describes as the “Wall of Receipts.” The contracts listed — which total about $16.5 billion in savings — are just a “subset” of all contract and lease cancellations the agency has overseen so far, with the publicly disclosed contracts accounting for about 20% of “overall DOGE savings,” according to the website. That seems to be based on a listing in the Federal Procurement Data System, a government contracting database: When the contract was first signed in 2022, its maximum total value was listed as $8 billion — roughly the same amount as ICE’s entire annual budget, according to the agency’s website. Overall, about two-thirds of the total savings claimed from contracts listed on the DOGE site — including the original $8 billion listed for the ICE contract — came from IDV contracts, with the savings amount relying on the maximum possible spending.

History of this topic

'Always wrong': NYT reporter takes wrecking ball to DOGE's 'wall of receipts'
6 days, 18 hours ago
DOGE 'inflated' its biggest successes with 'error-filled data': report
1 week, 4 days ago
'Major errors': Investigative reporter rips apart Elon Musk's spin on DOGE
3 weeks, 1 day ago
DOGE's savings page fixed old mistakes — and added new ones
3 weeks, 3 days ago
DOGE deletes five biggest savings from error-riddled ‘wall of receipts’
3 weeks, 6 days ago
Nearly 40% Of Contracts Canceled By DOGE Are Expected To Produce No Savings
1 month ago
Trump’s DOGE ‘slash and burn’ approach slammed for not saving money
1 month ago
Nearly 40% of contracts canceled by DOGE are expected to produce no savings
1 month ago
Nearly 40% of US government contracts cancelled by DOGE are expected to produce no savings
1 month ago
Elon Musk's DOGE made tall claim of $55 bn savings after layoffs, cancelled contracts: Is it true?
1 month ago
'Messy and inaccurate': DOGE success stories dismantled in brutal report
1 month ago
Did Elon Musk's DOGE really save $8 billion by canceling one contract?
1 month ago
DOGE says it has saved $55 billion so far; data shows much less
1 month ago
DOGE claimed they had saved $8 billion by slashing one contract. The actual number was $8 million
1 month ago
DOGE released data about federal contract savings. It doesn't add up
1 month ago
DOGE's new $8 billion savings example wildly off — by a factor of 1,000: reporter
1 month ago

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