• 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

Duffy’s DOT accuses Biden, Buttigieg of inflating air...

August 20, 2025

FBI arrests woman on ‘Ten Most Wanted Fugitives’...

August 20, 2025

Vance, White House blast ‘crazy communists’ protesting DC...

August 20, 2025

Ukraine’s stolen children crisis looms large as NATO...

August 20, 2025

New Schiff leak claim from whistleblower echoes years...

August 20, 2025

House Democrat clashes with activists over Israel ‘genocide’...

August 20, 2025

Elon Musk halts plans for new political party,...

August 20, 2025

Giving Putin the Donbas would hand Moscow powerful...

August 20, 2025

I made memes for the White House. Here’s...

August 20, 2025

Trump slams mail-in ballots as corrupt, but may...

August 20, 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

  • Tesla investors want Elon Musk to answer questions about ‘salute,’ role in Trump White House

    January 30, 2025
  • AOC launches series of explosive Instagram rants on eve of inauguration: ‘I don’t celebrate rapists’

    January 20, 2025
  • US military vulnerabilities threaten Trump’s ‘peace-through-strength’ strategy

    May 28, 2025
  • Morning Glory: Justice Gorsuch takes his case public

    August 6, 2024
  • Can reselling jets made for China to Asian airlines manage headwinds for Boeing? Here’s what experts say

    April 22, 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

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

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,772)
  • Investing (634)
  • Stock (891)

Latest Posts

  • Garth Brooks, Trisha Yearwood’s friendship with President Carter spanned years: ‘They’ve inspired us’

    January 10, 2025
  • Tesla shares plunge 15%, steepest drop in five years

    March 11, 2025
  • Take it from this Muslim: Peace depends on total defeat of the Islamist death cult

    May 14, 2025

Recent Posts

  • Ric Grenell under consideration to be Trump’s point man on Ukraine: report

    November 23, 2024
  • House votes to make Trump Gulf of America name change permanent

    May 8, 2025
  • Wall Street on Thursday: S&P, Nasdaq slip over 2% after yesterday’s historic rally

    April 11, 2025

Editor’s Pick

  • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

    June 7, 2025
  • Microsoft reveals its first quantum computing chip, the Majorana 1

    February 20, 2025
  • The great airlift: how Apple ferried 1.5M iPhones from India to the US to beat Trump tariffs

    April 10, 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