Trade Masters Chronicle
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
Trade Masters Chronicle
No Result
View All Result

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

by
June 11, 2025
in Latest News
0
Trump’s DOGE efficiency agency says it slashes $25B in federal spending as rehiring begins

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
Previous Post

House advances Trump’s $9.4B spending cuts package targeting NPR, PBS, USAID to House-wide vote

Next Post

U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

Next Post
U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

  • Trending
  • Comments
  • Latest
Gold and silver: the price of gold has resistance at $2360

Gold and silver: the price of gold has resistance at $2360

May 29, 2024
S&P 500 climbed 0.3%, and Nasdaq-100 futures  jumped 0.7%

S&P 500 climbed 0.3%, and Nasdaq-100 futures jumped 0.7%

December 4, 2024
Amazon’s $4 billion investment in AI firm Anthropic faces U.K. merger investigation

Amazon’s $4 billion investment in AI firm Anthropic faces U.K. merger investigation

August 9, 2024
Is XRP a Good Investment? Expert Insights for 2024

Is XRP a Good Investment? Expert Insights for 2024

July 12, 2024
‘All-in’: GOP lawmakers divided on US involvement as Trump pushes Iran for diplomatic end

‘All-in’: GOP lawmakers divided on US involvement as Trump pushes Iran for diplomatic end

0
Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

0
Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

0
Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

0
‘All-in’: GOP lawmakers divided on US involvement as Trump pushes Iran for diplomatic end

‘All-in’: GOP lawmakers divided on US involvement as Trump pushes Iran for diplomatic end

June 14, 2025
Democratic lawmakers criticize Israel’s defensive strikes against Iran’s nuclear sites

Democratic lawmakers criticize Israel’s defensive strikes against Iran’s nuclear sites

June 13, 2025
Israel’s drone strikes in Iran show why US must halt China’s land grab here: experts

Israel’s drone strikes in Iran show why US must halt China’s land grab here: experts

June 13, 2025
Biden-appointed judge thwarts Trump’s attempt to clean house at consumer safety agency

Biden-appointed judge thwarts Trump’s attempt to clean house at consumer safety agency

June 13, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    ‘All-in’: GOP lawmakers divided on US involvement as Trump pushes Iran for diplomatic end

    ‘All-in’: GOP lawmakers divided on US involvement as Trump pushes Iran for diplomatic end

    June 14, 2025
    Democratic lawmakers criticize Israel’s defensive strikes against Iran’s nuclear sites

    Democratic lawmakers criticize Israel’s defensive strikes against Iran’s nuclear sites

    June 13, 2025
    Israel’s drone strikes in Iran show why US must halt China’s land grab here: experts

    Israel’s drone strikes in Iran show why US must halt China’s land grab here: experts

    June 13, 2025
    Biden-appointed judge thwarts Trump’s attempt to clean house at consumer safety agency

    Biden-appointed judge thwarts Trump’s attempt to clean house at consumer safety agency

    June 13, 2025

    Top News

    ‘All-in’: GOP lawmakers divided on US involvement as Trump pushes Iran for diplomatic end

    ‘All-in’: GOP lawmakers divided on US involvement as Trump pushes Iran for diplomatic end

    June 14, 2025
    Democratic lawmakers criticize Israel’s defensive strikes against Iran’s nuclear sites

    Democratic lawmakers criticize Israel’s defensive strikes against Iran’s nuclear sites

    June 13, 2025

    Latest News

    • ‘All-in’: GOP lawmakers divided on US involvement as Trump pushes Iran for diplomatic end
    • Democratic lawmakers criticize Israel’s defensive strikes against Iran’s nuclear sites
    • Israel’s drone strikes in Iran show why US must halt China’s land grab here: experts

    About Trade Masters Chronicle

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.