Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

SCOOP: Dept of Energy says it saved $700M in Trump’s first 100 days by cutting ‘wasteful’ programs

by April 28, 2025
April 28, 2025
SCOOP: Dept of Energy says it saved $700M in Trump’s first 100 days by cutting ‘wasteful’ programs

In President Donald Trump’s first 100 days, the Department of Energy says it has saved taxpayers more than $700 million by cutting programs the administration labeled as ‘wasteful.’

The immediate savings are resulting from the cancellation of ongoing contracts at the DOE relating to topics such as diversity equity and inclusion (DEI) and progressive climate change goals linked to the Democrats’ Green New Deal proposals. They are part of a broader $3 billion in savings that the Trump administration has projected will occur as a result of the cancellation of additional contracts that were not yet finalized. 

‘In the first 100 days of the Trump Administration, the Department of Energy has saved the American taxpayer more than $3 billion in projected savings – and this is just the beginning,’ DOE spokesperson Ben Dietderich told Fox News Digital in a statement. 

Dietderich said to date, the DOE has suspended contracts supporting DEI initiatives and Green New Deal priorities, as well as other ‘wasteful’ programs, ‘generating more than $700 million in immediate savings for the American taxpayers.’ 

‘President Trump and Secretary Wright are fully committed to making government more accountable, efficient, and effective stewards of the American taxpayers’ dollars,’ he said.

During Trump’s first 100 days in office, according to Elon Musk’s Department of Government Efficiency (DOGE), the administration’s efforts have saved the government at least $160 billion. That amounts to $993.79 per taxpayer, according to DOGE. 

An ‘Agency Efficiency Leaderboard,’ tracking which departments have received the most savings, shows the Department of Health and Human Services ranked number one. 

HHS is followed by the General Services Administration at number two, the Department of Education at number three, the Labor Department at number four, and the Office of Personnel Management rounds out the top five.

The Department of Justice is ranked last, just before the Department of Veterans Affairs. The DOE, according to DOGE, is ranked as the agency with the third least savings.

The savings reportedly stemmed from a combination of asset sales, contract and lease cancellations or re-negotiations, fraud and improper payment deletion, grant cancellations, interest savings, programmatic changes, regulatory savings and workforce reductions.  

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Trial of gang accused of robbing Kim Kardashian at gunpoint opens in Paris
next post
On air, ’60 Minutes’ reporter says ‘none of us is happy’ about changes that led top producer to quit

You may also like

WATCH: Ex-Biden spin doctor makes stunning admission after...

October 30, 2025

How one Alabama senator’s quiet diplomacy helped end...

November 24, 2025

US, Panama ‘taking back’ canal from ‘China’s influence,’...

April 8, 2025

Experts warn Iran could have a nuclear bomb...

September 6, 2024

ALEX BERENSON: Why I’m voting for Donald J....

November 3, 2024

Trump’s trade representative pick to appear before Senate...

February 6, 2025

Biden made Harris campaign a ‘nightmare,’ destroyed her...

May 14, 2025

Trump cabinet picks delight Taiwan, send strong signal...

November 13, 2024

Trump demands do-or-die nuclear talks with Iran. Who...

April 11, 2025

Sullivan claims Biden admin leaves Russia, China and...

January 12, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Erika Kirk agrees to ‘private discussion’ with Candace Owens amid rising tensions

      December 15, 2025
    • MIKE DAVIS: Clinton-appointed judge once again sabotages DOJ’s Comey case

      December 14, 2025
    • China’s missile surge puts every US base in the Pacific at risk — and the window to respond is closing

      December 14, 2025
    • Maduro trapped with few retaliation options after Trump administration seizes Venezuelan oil tanker

      December 14, 2025
    • State Department stays quiet as Albania reinstates deputy prime minister accused of corruption

      December 13, 2025
    • Maduro trapped with few retaliation options after Trump admin seizes Venezuelan oil tanker

      December 13, 2025

    Categories

    • Business (837)
    • Investing (661)
    • Politics (6,617)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 WhaleLargeCapital.com | All Rights Reserved