• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

DOGE slashes nearly $1M for alpaca farming in Peru, other questionable grants in latest wasteful spending cut

by March 5, 2025
written by March 5, 2025

The Department of Government Efficiency (DOGE) on Tuesday announced the cancelation of $4.5 million in grants, including one for alpaca farming in Peru, another for reducing social discrimination of recyclers in Bolivia and another for promoting cultural understanding of Venezuelan migrants in Brazil.

The Inter-American Foundation, an agency given a $60 million budget to issue foreign grants, was reduced to its statutory minimum — one active employee, according to a statement from DOGE. 

Grants that were canceled in the process included $903,811 for alpaca farming in Peru, $364,500 to reduce social discrimination against recyclers in Bolivia, and $323,633 to promote cultural understanding of Venezuelan migrants in Brazil, according to DOGE.

Other big ticket grants that were slashed included $813,210 for vegetable gardens in El Salvador, $731,105 to improve the marketability of mushrooms and peas in Guatemala, $677,342 to expand fruit and jam sales in Honduras, $483,345 to improve artisanal salt production in Ecuador and $39,250 for beekeeping in Brazil.

DOGE, led by Elon Musk, is a temporary organization within the White House created via executive order earlier this year.

President Donald Trump tasked the organization with optimizing the federal government, streamlining operations, and slashing spending — and gave them just 18 months to do it.

As of March 4, DOGE’s website claims 2,334 contract terminations totaling $8 billion in savings, 3,489 grant terminations for roughly $10 billion in savings, and 748 lease terminations totaling about $660 million in lease savings.

It also claims to have saved about $105 billion from a ‘combination of fraud detection/deletion, contract/lease cancelations, contract/lease renegotiation, asset sales, grant cancelations, workforce reductions, programmatic changes and regulatory savings.’

DOGE critics allege the organization has too much access to federal systems and should not be permitted to cancel federal contracts or make cuts at various agencies.

It canceled numerous diversity, equity and inclusion (DEI) initiatives at federal agencies, consulting contracts, leases for underused federal buildings, and duplicate agencies and programs.

The Inter-American Foundation did not immediately respond to Fox News Digital’s request for comment on Tuesday.

Fox News Digital’s Eric Revell contributed to this report.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Starbucks poaches Nordstrom CFO as executive shake-up continues
next post
Conservatives flip script on Senate Dems pushing identical talking points against Trump: ‘Like robots’

related articles

Pentagon taps Musk’s xAI to boost sensitive government...

December 23, 2025

DOJ appeals dismissal of James, Comey criminal cases...

December 23, 2025

China quietly loads 100+ ICBMs into new missile...

December 22, 2025

EXCLUSIVE: OIG report shows major turnaround in Social...

December 22, 2025

Anti-Trump ex-husband of president’s 2016 campaign manager launches...

December 22, 2025

Clinton camp demands DOJ drop remaining Epstein files,...

December 22, 2025

Turning Point poll reveals conservatives ‘all in’ for...

December 22, 2025

DAVID MARCUS: What JD Vance told me about...

December 22, 2025

‘No way’ Walz administration was unaware of Minnesota...

December 22, 2025

Trump admin recalling around 30 ambassadors as part...

December 22, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Unearthed footage of Barron Trump speaking with mom’s accent spreads like wildfire after dad’s massive win

    November 24, 2024
  • Cash App owner Block pays $40 million in settlement over ‘serious compliance deficiencies’

    April 11, 2025
  • House Republicans accuse White House of releasing ‘false transcript’ of Biden’s ‘garbage’ remarks

    October 30, 2024
  • Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

    September 18, 2025
  • Supreme Court to weigh state ban on transgender ‘medical treatments’ for minors

    December 4, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (7,181)
  • Investing (715)
  • Stock (964)

Latest Posts

  • Trump returns to Europe for the 1st time following election win for Notre Dame’s reopening

    December 6, 2024
  • Harris’ cold open appears to copy Trump’s 2015 skit with Jimmy Fallon

    November 3, 2024
  • Xi Jinping’s surprise no-show at BRICS Summit fuels speculation about China’s global standing

    July 5, 2025

Recent Posts

  • Japanese eateries hike prices as tourist influx reaches record levels

    July 30, 2024
  • Trump appeals order blocking him from firing Fed governor Cook as crucial central bank meeting starts

    September 16, 2025
  • Mitt Romney names who he thinks will be the GOP’s 2028 presidential nominee

    December 16, 2024

Editor’s Pick

  • Senate passes annual defense policy bill with transgender care restrictions and pay boost for junior troops

    December 18, 2024
  • Panama’s president hits back at Trump idea to reclaim key canal

    December 23, 2024
  • Liberal group indicates they think Harris is pretending to moderate her immigration views before election

    September 18, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock