DOGE's first report touts $55 billion in savings, less than one month in

The Department of Government Efficiency (DOGE) released its first savings report on Tuesday, highlighting an estimate of $55 billion in savings due to its efforts.

"We are working to upload all of this data in a digestible and fully transparent manner with clear assumptions, consistent with applicable rules and regulations," DOGE stated.

The Elon Musk-led department has in recent weeks torn through the records of federal agencies to identify waste, fraud, error, and redundancies to save money. The tally also includes "fraud detection/deletion, contract/lease cancellations, contract/lease renegotiations, asset sales, grant cancellations, workforce reductions, programmatic changes, and regulatory savings."

DOGE's website now features a comprehensive "wall of receipts" to substantiate its tally, as well as a list of the top ten agencies for contract savings.

The department's leader has previously expressed hope of finding as much as $2 trillion in possible savings.