• 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

Hawley blasts FDA approval of new abortion drug,...

October 2, 2025

Trump’s DOGE savings dwarfed by Medicare, Social Security...

October 2, 2025

FLASHBACK: James Comey urged officials to always prosecute...

October 2, 2025

The agency staff Vought might recommend cutting and...

October 2, 2025

Reagan-appointed judge, once rebuked by Supreme Court, continues...

October 2, 2025

‘Real consequences’: Food aid, flood insurance, FEMA funds...

October 2, 2025

Trump must triple severely outdated nuke arsenal to...

October 2, 2025

White House says federal layoffs could hit ‘thousands’...

October 2, 2025

Johnson shuts door on negotiating shutdown deal as...

October 2, 2025

Democrats refuse to budge over Obamacare fight as...

October 2, 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

  • Harris proposes major corporate tax hike, reversing Trump era cuts

    August 19, 2024
  • Japanese eateries hike prices as tourist influx reaches record levels

    July 29, 2024
  • Patel cuts ties Comey’s FBI made with ADL as organization faces backlash for TPUSA criticism

    October 1, 2025
  • Canadian politician claims Trump admin’s ’51st state’ rhetoric is an ‘act of war’

    March 21, 2025
  • GOP senator reveals strategy to push Trump’s policies through Congress: ‘I believe in the agenda’

    March 7, 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 (6,247)
  • Investing (634)
  • Stock (935)

Latest Posts

  • How the Olympics helped transform Salt Lake City into a tech hub

    December 11, 2024
  • Pro-Israel congressman accuses Tel Aviv of ‘mocking’ Trump with ‘suicidal’ strikes in Syria

    July 18, 2025
  • 2024 Countdown: Harris has post-DNC momentum but Trump is burning up campaign trail with 10 weeks left

    August 27, 2024

Recent Posts

  • Trump announces Mike Waltz as UN ambassador pick

    May 1, 2025
  • Louisiana mom warns ‘half of what we’re working for’ at risk if Trump’s budget bill fails

    June 25, 2025
  • Trump strips security clearances from law firm tied to Jack Smith cases

    February 25, 2025

Editor’s Pick

  • Trump directs AG Bondi to work on unsealing grand jury transcripts in Epstein case: ‘We are ready’

    July 18, 2025
  • Voters react to Trump saying he ‘took a bullet to the head’ over left rhetoric

    September 11, 2024
  • World leaders back Zelenskyy following Trump, Vance Oval Office spat

    March 1, 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