DOGE initially reported $16.5 billion in savings related to cancelled federal contracts. However, a subsequent review revealed that this figure was overly inflated, particularly due to an $8 billion error linked to a misreported contract with ICE. Updated figures indicate actual savings of $7.2 billion. This revision came after a review by the White House office connected with Elon Musk, highlighting a conservative approach to savings calculations that does not account for already obligated funds or administrative savings.
DOGE initially claimed to have saved $16.5 billion, largely from cancelled contracts, but revised this down to $7.2 billion due to an $8 billion reporting error.
Elon Musk has acknowledged that his team sometimes gets figures wrong, emphasizing the importance of quickly correcting any mistakes made in their claims.
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