Elon Musk’s Department of Government Efficiency (DOGE) is actively working to reduce federal spending by evaluating and terminating unnecessary leases for government buildings.
Reports indicate that about 52% of federal office leases—amounting to approximately 77.7 million square feet—are set to expire or have termination options by 2028, presenting a significant opportunity for cost savings.
Additionally, DOGE has been granted access to the US Treasury’s payment systems, which oversee trillions of dollars in federal payments, including Social Security, Medicare, and government salaries. This move has raised concerns about the extent of DOGE’s authority and its potential influence over government expenditures.
DOGE’s broader strategy focuses on reducing government inefficiencies and optimizing resource allocation. The initiative underscores a push toward fiscal responsibility by reassessing federal real estate and expenditure management.
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