Tuesday, 02 January 2024 12:17 GMT

Elon Musk's DOGE Claims $8 Bn Saved By Scrapping ICE Contract, But Actual Amount Is Not Even Close: Report


(MENAFN- Live Mint) The Department of Government Efficiency (DOGE), the Donald Trump administration's cost-cutting agency, headed by billionaire Elon Musk, said that it had saved $16 billion by cancelling several government contracts . Among the most notable cancellations was an $8 billion contract with the Immigration and Customs Enforcement (ICE) which is part of the Department of Homeland Security agency, which accounted for nearly half of its reported savings. However, a report by the New York Times revealed that the actual value of the ICE contract was found to be just $8 million and not $8 billion.

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The document shows that D&G Support Services was awarded the contract to offer "program and technical support services" to the Office of Diversity and Civil Rights at the ICE.

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The report states that the $8 billion ICE contract, as claimed by DOGE , is almost equal to the entire budget of the Centers for Disease Control and Prevention. In addition, the contract, which is set to expire in 2027, has only used $2.5 million of the allocated funds in the two and a half years since it was signed.

In addition to this, the website states that“DOGE's total estimated savings are $55 billion, which is a combination of fraud detection/deletion, contract/lease cancellations, contract/lease renegotiations, asset sales, grant cancellations, workforce reductions, programmatic changes, and regulatory savings.”

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Musk, the world's wealthiest person, spearheads DOGE, which has taken the lead role in carrying out the Republican president's plans for downsizing and overhauling the federal government.

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