• 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 opens probe into Meta after reports of...

August 15, 2025

Schumer claims Trump admin withholding Epstein files, threatens...

August 15, 2025

From admiration to Alaska: A timeline of Trump...

August 15, 2025

American history won’t be displayed ‘in a woke...

August 15, 2025

Armenia and Azerbaijan leaders seek to ease Russian...

August 14, 2025

Social Security is 90 years old. We are...

August 14, 2025

Trump admin unveils groundbreaking tool ‘supercharging’ gov’t efficiency...

August 14, 2025

DNC rips JD Vance for fishing with British...

August 13, 2025

Vance: Adversaries are ‘afraid’ of US military, and...

August 13, 2025

Trump threatens ‘very severe’ consequences if Russia doesn’t...

August 13, 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

  • Trump talks with Putin, spars with South African leader, threatens EU tariff hike in 18th week in office

    May 24, 2025
  • GOP lawmaker calls for FBI investigation into ‘alarming’ allegations against top Dem fundraising platform

    March 13, 2025
  • DAVID MARCUS: Why Trump’s major triumphs will outlast his polling dip

    July 24, 2025
  • Bitcoin Must Break $62K to Prevent Another ‘Black Monday’

    August 26, 2024
  • Jill Biden should have to answer for ‘cover up’ of former president’s decline, White House says

    May 29, 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 (5,716)
  • Investing (634)
  • Stock (885)

Latest Posts

  • SEN BERNIE SANDERS: Two Americas, the people vs. the billionaires

    December 27, 2024
  • Movement Labs’s MOVE token tumbles 73% as Coinbase delisting follows $38M sell-off

    May 3, 2025
  • Russian official says Moscow has ‘no intention’ of supplying Iran with warheads, following Trump taunts

    June 25, 2025

Recent Posts

  • Pro-Trump ‘troll’ who spread Hillary text-to-vote memes in 2016 has conviction tossed by appeals court

    July 10, 2025
  • The dollar index is encountering resistance this morning

    August 16, 2024
  • Golden Globes 2025: the big money behind Hollywood’s night of glitz and glamour

    January 6, 2025

Editor’s Pick

  • Senate GOP agree to strip cuts to HIV, AIDs prevention program from Trump’s clawback bill

    July 15, 2025
  • Vance says Russia’s demands are too high, but there’s still a path to ‘durable peace’ with Ukraine

    May 7, 2025
  • Biden hunkers down in White House with no public events on schedule again

    August 7, 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