There are a lot of different numbers being floated about the actions of Elon Musk’s Department of Government Efficiency. But how much money is actually being saved by DOGE?
“The actual amount from the cuts they’re proposing are actually pretty small relative to the size of the overall government budget,” said Mary Hansen, professor of economics and a co-director of the Institute for Macroeconomic and Policy Analysis at American University.
She said there’s quite a difference between what DOGE is saying will be saved — hundreds of billions, or even up to a trillion dollars — and the direct savings being reported right now.
“Verifiable cuts were actually only about $6 billion, with two-thirds of that coming from the cap on those overhead payments for research grants,” she said.
Click here to read the rest of the article written by Valerie Bonk over at WTOP
