One Month In And Doge Has Already Saved The Tax Payer Billions

One Month In And Doge Has Already Saved The Tax Payer Billions

On Sunday, President Donald Trump shared a post from the Department of Government (DOGE) on social media, highlighting significant savings for U.S. taxpayers by canceling funding for various international initiatives.

The post included a list of projects that would no longer receive funding, starting with a $10 million allocation for "Mozambique voluntary medical male circumcision." Other entries on this list pointed to substantial savings, such as $486 million for the "Consortium for Elections and Political Process Strengthening," including $22 million for enhancing electoral participation in Moldova and $21 million to increase voter turnout in India.

Additional projects highlighted included $9.7 million for UC Berkeley to train Cambodian youth in entrepreneurial skills and $2.3 million for supporting independent voices in Cambodia.

Previously involved with these financial strategies, Elon Musk announced intentions to cut the federal deficit by $1 trillion by 2026, aiming for an average daily reduction of $4 billion. He predicted that achieving these targets would result in zero inflation in 2026.

According to Fox News, DOGE has already cut one billion dollars by terminating 104 diversity, equity, and inclusion (DEI) contracts. 

In an executive order dated February 11, Trump granted DOGE authority to streamline federal workforce operations to reduce government waste. The order aims "to restore accountability to the American public, initiating a fundamental transformation of the Federal bureaucracy to empower American families, workers, taxpayers, and our system of Government itself."

Moreover, DOGE has floated the idea of phasing out paper checks issued by the government. They noted that in FY2024, the Treasury handled 116 million paper checks. In the previous fiscal year, $25 billion in tax refunds were either delayed or lost due to checks being returned or expired. Maintaining the physical lockbox network for checks costs about $2.40 per check, and eliminating paper checks could save at least $750 million annually.

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