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DOGE savings of $ 55 billion – WSJ analysis reveals the potential actual form – Tesla (NASDAQ: TSLA)

The Ministry of Governmental efficiency (DOGE), supervises it Timing CEO Elon MuskThe exaggeration of its savings of federal spending discounts is found.

What happenedDOGE, which was promoting the cuts of up to $ 55 billion, may not be primarily from Dei and canceled climatic contracts, as successful as you say, According to To Wall Street.

The WSJ analysis of the government contract data provided by Deltek, a government contractor expert and a data provider, indicates that actual savings may be much lower, and perhaps about $ 2.6 billion during the next year if spending levels remain unchanged. Only about 2 % of the funds would have gone to DEI contracts.

The White House did not respond immediately on Banznaga Request to comment.

Research -based agencies, including Department of Education and Ministry of Health and Human ServicesThe main goals of these budget discounts were. Dog canceled contracts worth more than $ 900 million in the past year, affecting more than 60 agreements with the Ministry of Health and Humanitarian Services.

It is worth noting that government contracts that involve more than 500 companies were published on the Doge website. It states that the Defense Engineering Company Lidos His contract to support the technology of social security management was canceled. I mentioned that this may lead to savings of about $ 230 million. However, Leidos explained, “Our work that supports the Social Security Administration, and the millions of Americans that serve them, in the contract and the continuity.”

Although Dog says her estimates are conservative, experts told WSJ that the total savings on her site are likely to be exaggerated. More than a quarter of the contracts listed by Duj have already been paid, which led to real savings.

See also: Tesla begins to employ Cybercab while EV GIANT EV-MUSK is preparing by EVK to decrease Robotaxi

Why do it matterThese results come in the wake of the previous differences surrounding Dog. Last week, Dog faced criticism when his site was found on the web, which was supposed to host all the administration updates, completely empty. Mark KobeAnd a long -standing defender of reducing the size of the government and enhancing efficiency, criticizing musk on social media because of this, saying: “This says everything.”

Moreover, “Doge Dividend”, was approved by the president Donald Trump Eileon Musk, who suggests that 20 % of the savings of Dog’s initiatives to American citizens sparked eyebrows. Erika YorkThe Vice -President of the Federal Tax Policy at the Tax Corporation warned that the savings spending “will reduce the effectiveness of the entire effort.” During, Jessica RishL, a great colleague in Manhattan InstituteIt was published on X that with approximately $ 2 billion of budget deficit, it is estimated at $ 4 billion of DOGE savings, which will be translated into only $ 2.42 per person if distributed evenly.

Photo via Shutterstock

Disintegration: This content was partially produced with the help of artificial intelligence tools and was reviewed and published by Beenzinga editors.

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