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GAO flags inflated savings claims by DOGE program
politics20 days ago

GAO flags inflated savings claims by DOGE program

The Government Accountability Office found Elon Musk’s DOGE overestimated federal savings, with $110 billion in claimed cuts from contracts, grants and leases not verifiable and broader claims pushing total savings to $215 billion. Key issues included 2,503 of 13,476 contract terminations having no termination action, leases claimed at $113 million that actually totaled $53.5 million, and many leases already in termination before DOGE began. The GAO urged prominent caveats on the DOGE site about data quality and reliability, and DOGE did not respond to requests for information.

via CNBC|
#doge#federal-spending#gao-report
GAO Flags Transparency Gaps in DOGE's Wall of Receipts Savings
government20 days ago

GAO Flags Transparency Gaps in DOGE's Wall of Receipts Savings

GAO finds that DOGE’s Wall of Receipts savings claims—covering contracts, grants, and leases—are not transparently calculated and lack data-quality disclosures. As of July 7, 2026, the page lists $110 billion in savings, but issues include 108 of 264 leases described as terminated that were already in process before DOGE existed, 96% of grant savings with unknown calculation methods, and a DoD IT contract showing no actual savings after supposed termination; DOGE has not updated the site or explained data limitations. GAO recommends prominently displaying data quality issues, but DOGE did not respond to inquiries.

via U.S. Government Accountability Office (.gov)|
#data-quality#doge#federal-spending
GAO flags DOGE’s $110B savings claim unreliable and under-sourced
politics20 days ago

GAO flags DOGE’s $110B savings claim unreliable and under-sourced

GAO finds DOGE’s touted $110 billion in federal savings is inaccurate and poorly substantiated. In a review of $110B in contracts, the GAO found that 108 of 264 leases identified for termination were already winding down before DOGE existed; DOGE overstated lease savings by more than $80 million and provided insufficient information to verify contract terminations. The report also notes that more than half of contracts listed were not ended or lacked enough detail to determine status, and about 96% of grant savings could not be verified using DOGE’s methodology. With the DOGE program set to sunset, lawmakers criticized the effort as deceptive, and CNN and others reported additional errors on its site.

via CNN|
#doge#federal-spending#gao
Reflecting Pool facelift balloons to $16 million amid delays and algae
politics2 months ago

Reflecting Pool facelift balloons to $16 million amid delays and algae

Trump’s plan to renovate the Lincoln Memorial Reflecting Pool on the National Mall—intended as a commemorative facelift—has ballooned from an early $1.5–2 million projection to about $16 million, with more than 60 days of work, algae blooms, and added costs from neutralizing the green growth; a lawsuit challenging the blue color finish underscores scrutiny of the project, which faces ongoing delays and a targeted but uncertain completion date around Independence Day.

via NBC News|
#algae#donald-trump#federal-spending
Trump’s 250-foot Arc de Triumph would tower over the Lincoln Memorial
politics4 months ago

Trump’s 250-foot Arc de Triumph would tower over the Lincoln Memorial

The Interior Department released renderings for Trump’s proposed 250-foot-tall Arc de Triumph near Arlington National Cemetery, across the Potomac from the Lincoln Memorial, which would dwarf the memorial’s 99 feet and become the world’s tallest arch; the project would be funded by about $15 million in National Endowment for the Humanities funds, include inscriptions and gold statues, and sit on Virginia land near Reagan National Airport, with a Commission on Fine Arts hearing set for April 16.

via CBS News|
#architecture#arlington-national-cemetery#federal-spending
Q4 GDP Slows as Federal Spending Drops and AI Investment Reshapes the Picture
economy6 months ago

Q4 GDP Slows as Federal Spending Drops and AI Investment Reshapes the Picture

Fourth-quarter GDP grew slower than expected as a 16.6% drop in federal spending—part of it tied to a government shutdown and allegedly caused by Elon Musk’s DOGE-related cuts—dragged overall growth, while consumption was led by healthcare spending; housing and durable goods weakened, and non-residential investment was mixed with AI-related equipment up but other areas soft. Inflation remained stubborn at about 2.9% PCE, complicating Fed policy, and uncertainty remains over tariff policy after a court ruling and the future of the AI-driven investment boom.

via Counterpunch|
#ai-boom#economy#elon-musk
Government Shutdown Could Cost Economy Up to $14 Billion, Warns Experts
economy9 months ago

Government Shutdown Could Cost Economy Up to $14 Billion, Warns Experts

The ongoing government shutdown, now the second-longest in U.S. history, could result in a loss of up to $14 billion in real GDP, with some economic effects not fully recoverable. While most losses are expected to be made up after the government reopens, the shutdown will temporarily reduce economic activity, impact federal spending, and slow GDP growth through the end of 2025.

via Fortune|
#economic-impact#economy#federal-spending