Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Economy News

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

admin by admin
June 11, 2025
in Economy News
0
Trump’s DOGE efficiency agency says it slashes $25B in federal spending as rehiring begins
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

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

The Creator Platform That’s Turning Viewers Into Stakeholders – How SUBBD Rewards Real Fans

Next Post

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

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

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

  • Trending
  • Comments
  • Latest
Murchison South Increases to 67koz Gold Across Two Pits

Murchison South Increases to 67koz Gold Across Two Pits

May 13, 2025
Bitcoin Records Highest Weekly Close as Price Nears All-Time High

Bitcoin Records Highest Weekly Close as Price Nears All-Time High

May 19, 2025
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

March 20, 2025
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Coinbase Eyes $330B Corporate Bitcoin Wave; Warns of Imminent Systemic Shock

Coinbase Eyes $330B Corporate Bitcoin Wave; Warns of Imminent Systemic Shock

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
Coinbase Eyes $330B Corporate Bitcoin Wave; Warns of Imminent Systemic Shock

Coinbase Eyes $330B Corporate Bitcoin Wave; Warns of Imminent Systemic Shock

June 13, 2025
McCaul says Israel strikes are ‘perfect opportunity’ for Iranians to overthrow Islamic regime

McCaul says Israel strikes are ‘perfect opportunity’ for Iranians to overthrow Islamic regime

June 13, 2025
Could the US be targeted as Iran retaliates against Israel?

Could the US be targeted as Iran retaliates against Israel?

June 13, 2025
Iran threatens to hit US bases in the Middle East: What is the threat level?

Iran threatens to hit US bases in the Middle East: What is the threat level?

June 13, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Recent News

    Coinbase Eyes $330B Corporate Bitcoin Wave; Warns of Imminent Systemic Shock

    Coinbase Eyes $330B Corporate Bitcoin Wave; Warns of Imminent Systemic Shock

    June 13, 2025
    McCaul says Israel strikes are ‘perfect opportunity’ for Iranians to overthrow Islamic regime

    McCaul says Israel strikes are ‘perfect opportunity’ for Iranians to overthrow Islamic regime

    June 13, 2025
    Could the US be targeted as Iran retaliates against Israel?

    Could the US be targeted as Iran retaliates against Israel?

    June 13, 2025
    Iran threatens to hit US bases in the Middle East: What is the threat level?

    Iran threatens to hit US bases in the Middle East: What is the threat level?

    June 13, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved