NewTradingView.com – Investing and Stock News
Investing and Stock News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Editor's Pick

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

by June 11, 2025
written by June 11, 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
U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs

You may also like

Iran still wants a nuclear weapon despite ‘serious...

July 6, 2025

Democrats project doom and gloom, not celebration, with...

July 5, 2025

Xi Jinping’s surprise no-show at BRICS Summit fuels...

July 5, 2025

Iran regime escalates repression toward ‘North Korea-style model...

July 4, 2025

This July 4th, a family waits: American hostage’s...

July 4, 2025

President Trump to honor Iran strike flight team...

July 4, 2025

North Korea lashes out after Trump DOJ exposes...

July 4, 2025

Trump administration swarms SCOTUS with emergency requests and...

July 4, 2025

Saudi defense minister secretly meets with Trump to...

July 4, 2025

Trump administration torpedoes SCOTUS with emergency requests and...

July 3, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!




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

    Popular Posts

    • 1

      Oil and natural gas: Oil is back on the positive side

    • 2

      Gold and Silver: Gold remains stable in the $2420 zone

    • 3

      The dollar index continues to pull back to a new low

    • 4

      IonQ Stock Review: Should You Consider Investing Now?

    • 5

      Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

    Recent Posts

    • Iran still wants a nuclear weapon despite ‘serious damage’ from US, Israeli strikes: expert warns

      July 6, 2025
    • Democrats project doom and gloom, not celebration, with July 4 messages

      July 5, 2025
    • Xi Jinping’s surprise no-show at BRICS Summit fuels speculation about China’s global standing

      July 5, 2025
    • Iran regime escalates repression toward ‘North Korea-style model of isolation and control’

      July 4, 2025
    • This July 4th, a family waits: American hostage’s father pleads for son’s freedom from Hamas terrorists

      July 4, 2025

    Categories

    • Economy (20)
    • Editor's Pick (502)
    • Investing (20)
    • Stock (57)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: NewTradingView.com, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 NewTradingView.com All Rights Reserved.


    Back To Top
    NewTradingView.com – Investing and Stock News
    • Investing
    • Stock
    • Economy
    • Editor’s Pick