• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

Trump’s DOGE efficiency agency says it slashes $25B in federal spending as rehiring begins

by June 12, 2025
by June 12, 2025

The Department of Government Efficiency (DOGE) announced on Wednesday it has decreased its annual non-defense federal obligations by an additional ~1.9% since last month.

As of June 8th, annual non-defense federal obligations are down 22.4%, or ~$25B, as compared to 2024, DOGE announced on X.

The cut marks an additional ~1.9% reduction from last month’s figures, which were announced on May 8. 

‘Cash outlays will follow as obligations come due,’ DOGE wrote in the post. ‘Our initiative to reduce wasteful spend, consistent with the DOGE Cost Efficiency Executive Order, continues to bear fruit.’

On May 14, DOGE announced the current year’s non-defense federal obligations were down 20.5% as compared to 2024. 

The announcement came minutes before Fox News Digital was first to report the Department of Health and Human Services (HHS) is rehiring more than 450 previously fired employees belonging to multiple divisions within the agency’s Centers for Disease Control and Prevention (CDC).

The rehired CDC employees came from the National Center for HIV, Viral Hepatitis, STD, and Tuberculosis Prevention; the National Center for Environmental Health; the Immediate Office of the Director, and the Global Health Center, according to an HHS official familiar with the matter.

HHS Secretary Robert F. Kennedy Jr. told CBS News in April some personnel who were cut shouldn’t have been. 

‘We’re reinstating them, and that was always the plan,’ Kennedy said. ‘Part of the—at DOGE, we talked about this from the beginning, is we’re going to do 80% cuts, but 20% of those are going to have to be reinstated, because we’ll make mistakes.’

In addition to the HHS rehires, the Internal Revenue Service, Food and Drug Administration, State Department, and Department of Housing and Urban Development started rehiring employees let go during DOGE cuts, the Washington Post reported.

Another roadblock this week was a ruling from U.S. District Judge Denise Cote of the Southern District of New York, who ruled to restrict the agency’s access to federal databases.

The Trump administration previously said DOGE could not work effectively with the limitations, noting DOGE needed to access Social Security information to root out fraud.

Fox News Digital’s Alec Schemmel and Danielle Wallace contributed to this report.

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
House advances Trump’s $9.4B spending cuts package targeting NPR, PBS, USAID to House-wide vote
next post
American Bar Association blasts Bondi’s decision to block it from judicial nominations: ‘Deeply disturbing’

Related Posts

From Gleaning to Growth: Ancient Lessons for Reducing...

August 18, 2025

Are the BLS and Other Government Statistical Agencies...

August 18, 2025

European leaders will join Trump-Zelenskyy meeting, signaling solidarity...

August 18, 2025

‘Our position is clear:’ Zelenskyy and EU dismiss...

August 18, 2025

Ukrainian designer predicts Zelenskyy will wear military suit...

August 18, 2025

Putin backs Trump’s claim that the Ukraine war...

August 17, 2025

ROBERT MAGINNIS: What comes next for US, Russia...

August 17, 2025

Zelenskyy outlines peace demands before high-stakes White House...

August 17, 2025

State Department stops issuing all visitor visas for...

August 17, 2025

Trump closes out 30th week in office with...

August 17, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Are the BLS and Other Government Statistical Agencies Partisan? Here’s What My Research Found

    August 18, 2025
  • From Gleaning to Growth: Ancient Lessons for Reducing Poverty

    August 18, 2025
  • Asian markets: Stocks drift, Sensex eyes gap-up as world awaits Washington summit

    August 18, 2025
  • Asia’s clean power play: the ammonia revolution

    August 18, 2025
  • Is the crashing Adidas share price a buying opportunity?

    August 18, 2025
  • Qantas hit with record $58 million fine over illegal staff sackings

    August 18, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 6

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 7

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025

Categories

  • Economy (2,224)
  • Editor's Pick (213)
  • Investing (185)
  • Stock (1,506)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

World Press Freedom Day: Release my father...

May 4, 2025

Trump unfurls plans for double 100-foot flagpoles...

April 24, 2025

Thousands of USAID terminations to take effect...

April 8, 2025