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

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

by April 28, 2025
written by April 28, 2025

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 comment
0
FacebookTwitterPinterestEmail

previous post
Times Square billboard pops up rallying around ‘historic’ Trump accomplishment during first 100 days
next post
On air, ’60 Minutes’ reporter says ‘none of us is happy’ about changes that led top producer to quit

related articles

RNC gets day at Supreme Court to challenge...

November 12, 2025

Rick Scott calls Democrats ‘heartless’ as he pitches...

November 12, 2025

DAVID MARCUS: The 3 issues driving far-left’s split...

November 12, 2025

Michelle Obama reveals ‘infuriating’ moment on Air Force...

November 12, 2025

Longest government shutdown in history nears likely end...

November 12, 2025

Trump makes formal request to Israeli president to...

November 12, 2025

Scalise reveals post-shutdown GOP battle plan as House...

November 12, 2025

Reagan-appointed judge resigns in protest of Trump, warns...

November 12, 2025

Bill to end government shutdown survives key hurdle...

November 12, 2025

Republican erupts at Democrat during shutdown hearing: ‘My...

November 12, 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

  • Stellar and Bitcoin Cash: Stellar is consolidating 

    July 11, 2024
  • Spread Betting vs CFD: Key Differences

    July 25, 2024
  • Tulsi Gabbard, former Democratic candidate for president, joins Republican party at Trump rally

    October 23, 2024
  • McDonald’s is the latest company to roll back diversity goals

    January 7, 2025
  • Judge tells government watchdogs fired by Trump there’s not much she can do for them

    March 27, 2025

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

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

    July 19, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    December 4, 2024
  • 5

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

    April 2, 2025

Categories

  • Economy (829)
  • Editor's Pick (6,750)
  • Investing (634)
  • Stock (949)

Latest Posts

  • Explained: What’s the reason for global stock sell-off and who’s to blame?

    August 5, 2024
  • Trump pardons former Hunter Biden business associate Devon Archer

    March 25, 2025
  • Speaker Johnson’s government funding play hits the rocks within House GOP

    November 19, 2024

Recent Posts

  • 5 key takeaways of Biden’s address to the nation from the Oval Office

    July 25, 2024
  • Biden announces cease-fire plan between Israel and Hezbollah ending 14 months of fighting

    November 26, 2024
  • 5 steps the new Trump administration must take to make America healthy again

    December 23, 2024

Editor’s Pick

  • Tesla Stock Earnings: 3% Drop Amid Delivery Issues

    October 4, 2024
  • HMPV virus spreads outside China: are we staring at another pandemic?

    January 6, 2025
  • Here’s the argument Trump hopes will net first major SCOTUS win in second term

    February 19, 2025
  • 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