Nearly 40% of contracts cancelled by Trump’s cuts could produce no savings

President Donald Trump speaks to reporters before leaving the White House to attend the Conservative Political Action Conference. Picture: Manuel Balce Ceneta/AP

Nearly 40% of the federal contracts which the Trump administration says it has cancelled as part of its cost-cutting programme are not expected to save the government any money, the administration’s own data shows.

The Department of Government Efficiency (Doge), run by Elon Musk, last week published an initial list of 1,125 contracts it terminated across the federal government.