DOGE's projected savings from cancelling federal contracts fell from $1 trillion to a mere $1.4 billion, representing only 2% of its claims. Investigations reveal DOGE exaggerated savings figures by using inflated contract values. This strategy involved listing maximum potential savings rather than actual expenditure, making public statements about savings misleading. The approach led to extensive consequences in government operations, instigating significant protests and backlash against Elon Musk's actions, resulting in his unpopularity amidst the upheaval created by DOGE's decisions.
Of the $52.8 billion that DOGE claims to have saved by cancelling federal contracts, its actual savings were closer to a paltry $1.4 billion.
DOGE used inflated 'ceiling values' for contracts it cancelled, leading to misleading claims about its savings. Public statements regarding these savings are rendered meaningless.
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