Trump on Terminating Contracts and Cutting Government Waste
Forbes Breaking NewsJune 7, 20253 min2,345 views
2 connectionsΒ·3 entities in this videoβContract Terminations and Government Spending Cuts
- π― Countless wasteful and unnecessary contracts have been terminated, with billions of dollars in waste, fraud, and abuse identified.
- π‘ The administration has terminated many contracts and is reviewing others, a process that can take up to a year.
Examples of Terminated Contracts and Funding Cuts
- π° $101 million was canceled for DEI contracts at the Department of Education.
- π¨ $59 million was cut for illegal alien hotel rooms in New York City.
- π $45 million was reallocated from diversity, equity, and inclusion scholarships in Burma.
- π $42 million was redirected from a program for social and behavioral change in Uganda.
- π€ $40 million was stopped for improving the social and economic inclusion of sedentary migrants.
- πΈ An infusion of $2 billion was identified for an environmental movement, which was being looked into.
- π° Another $20 billion environmental project was also mentioned as being under review.
- π $20 million was allocated for 'Arab Sesame Street' in the Middle East, with its purpose unclear.
- π¬ $8 million was spent on making mice transgender.
Future Plans for Fiscal Responsibility
- β The administration is committed to making these DOGE cuts permanent and stopping further waste.
- π Plans include codifying these changes through Congress to affirm the cuts and reallocate funds to save money.
- π The total savings are estimated to be in the hundreds of billions of dollars.
Modernization Efforts
- βοΈ DOGE has also fully modernized the federal retirement process.
- π Continued work is underway for the IRS modernization.
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Whatβs Discussed
Government SpendingContract TerminationWaste Fraud and AbuseDEI ContractsIllegal Alien Hotel RoomsDiversity Equity and InclusionEnvironmental MovementFederal Retirement ProcessIRS ModernizationDOGE Cuts
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