All hype and less work? DOGE's first 80 hours of work show it is way behind schedule; here's what all the department did
Department of Government Efficiency (DOGE) led by Tesla CEO Elon Musk eventually announced cancelling $420 million in government contracts within the first 80 hours, reported Business Insider. This early effort actually represents approximately $126 million in daily contract cancellations while potentially amounting to $67 billion annually which is roughly 3% of Tesla CEO Elon Musk's original $2 trillion cost-cutting goal.
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According to Business Insider, the group focused primarily on eliminating Diversity, Equity and Inclusion (DEI) contracts and then terminating leases for empty buildings. However, at the same time, the details remain unverified and the cancellations cannot be independently confirmed at this time.
It should be also noted that the $420 million figure aligns with Tesla CEO Elon Musk's well documented affinity for the number 420 which has appeared throughout his business ventures, asserted Business Insider. This includes his Tesla privatization proposal of the year 2018 and Twitter acquisition at $54.20 per share.
While DOGE initially aimed to dramatically reduce federal spending, at the same time, US President Donald Trump's executive order has narrowed its focus to modernizing federal technology and software systems. During such times, the
