Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Politics

Hegseth says Defense Dept eliminates hundreds of millions in ‘wasteful’ spending after DOGE findings

by admin March 21, 2025
March 21, 2025
Hegseth says Defense Dept eliminates hundreds of millions in ‘wasteful’ spending after DOGE findings

U.S. Defense Secretary Pete Hegseth said wasteful spending is over as he signed a memo to cancel over $580 million in Department of Defense (DoD) contracts.

‘We’re back with another quick update on our efforts to cut wasteful spending and cut it quickly at the Department of Defense,’ Hegseth announced in a post on X.

‘Today, I’m signing a memo directing the termination of over $580 million in DoD contracts, in grants that do not match the priorities of this president or this department. In other words, they are not a good use of taxpayer dollars.’

Hegseth said that they owe Americans transparency, sharing details on some of the contracts and grants that have been canceled.

‘There’s an HR software effort that was supposed to take a year and cost $36 million, but instead it’s taken eight years and is currently $280 million over budget, not delivering what it was supposed to. So that’s 780% over budget. We’re not doing that anymore,’ Hegseth vowed.

Hegseth added that they uncovered another batch of DoD grants, totaling $360 million worth, that decarbonizing emissions from Navy ships – part of the Obama-Biden Green agenda. 

‘That’s 6 million bucks, $5.2 million on something that would diversify and engage the Navy by engaging underrepresented Bipoc students and scholars. Another $9 million at a university to approach equitable AI and machine learning models. I need lethal machine learning model, not equitable machine learning models,’ Hegseth explained.

On this third point, Hegseth said Thursday’s other cuts included wasteful spending on external consulting services. 

’30 million bucks in contracts with Gartner and McKinsey. That’s IT purchasing unused licenses. So when you add it all up, $580 million in DoD contracts and grants DOGE is helping us cut today,’ Hegseth said.

When added up all together, Hegseth said that over $800 million in wasteful spending has been canceled over the first few weeks, as DoD partners with DOGE ‘to make sure that our warfighters have what they need by cutting the waste, fraud, and abuse.’

‘They’re working hard. We’re working hard with them. We appreciate the work that they’re doing, and we have a lot more coming. So stay tuned,’ Hegseth said. 

‘So, might as well not waste any more time right now, just sign this thing. How about that? So this makes it official. We’re going to keep going for you guys,’ Hegseth said while signing the orders. 

‘Have we ever seen this level of transparency? Amazing, thank you @SecDef,’ Rep. Nancy Mace, R-S.C., commented on Hegseth’s post.

Back in February, Hegseth committed to cooperating with DOGE to cut wasteful spending at the Department of Defense.

‘We will partner with them. It’s long overdue. The Defense Department’s got a huge budget, but it needs to be responsible,’ Hegseth previously told Fox News. 

As of Thursday afternoon, 239 ‘wasteful’ contracts with a ‘ceiling value’ of $1.7 billion have been terminated over a two-day period, DOGE announced. 

Fox News Digital’s Deirdre Heavey and Louis Casiano contributed to this report.

Stepheny Price is a writer for Fox News Digital and Fox Business. She covers topics including missing persons, homicides, national crime cases, illegal immigration, and more. Story tips and ideas can be sent to stepheny.price@fox.com

This post appeared first on FOX NEWS

previous post
Bernie Sanders, AOC, take aim at Trump and Musk, as well as Democrats, at western rallies
next post
JD Vance takes shot at Harris as he jokes that drinking led to her ‘word salads’

Related Posts

Trump scores strategic win as Panama court ousts...

January 31, 2026

Trump ends Biden’s drug price nightmare — Americans...

March 11, 2026

Sam Altman’s OpenAI backing initiative headed by several...

January 18, 2025

Russia to ‘interrogate’ two suspects in attempted assassination...

February 8, 2026

How closed-door negotiations and a guarantee ended longest...

November 15, 2025

Biden had no idea he signed natural gas...

January 20, 2025

Is Putin stringing Trump along to sidestep US...

August 30, 2025

‘Wasteful and dangerous’: DOGE’s top five most shocking...

February 16, 2025

Here’s what happened during Trump’s 11th week in...

April 6, 2025

Senate GOP ready to go nuclear after Schumer’s...

August 6, 2025

Recent Posts

  • Paramount accuses Netflix of ‘scorched-earth’ campaign against Warner Bros. deal
  • Team USA’s loudest supporters say FIFA pushed them to upper deck for World Cup
  • Jozy Altidore, now a broadcaster, is bullish on the U.S. making a deep World Cup run
  • Trump administration cites forced labor concerns as grounds for new tariffs
  • Congress invites NFL Commissioner Roger Goodell to testify about league’s use of streaming services

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • Paramount accuses Netflix of ‘scorched-earth’ campaign against Warner Bros. deal

    June 10, 2026
  • Team USA’s loudest supporters say FIFA pushed them to upper deck for World Cup

    June 5, 2026
  • Jozy Altidore, now a broadcaster, is bullish on the U.S. making a deep World Cup run

    June 4, 2026
  • Trump administration cites forced labor concerns as grounds for new tariffs

    June 4, 2026
  • Congress invites NFL Commissioner Roger Goodell to testify about league’s use of streaming services

    June 3, 2026
  • Jerome Powell warns politicizing the Federal Reserve would cost public trust

    June 2, 2026

Editors’ Picks

  • 1

    Environmental Approval for Boland Infield Studies & Update on Scaled Column ISR Test

    September 19, 2025
  • 2

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 3

    Challenger Gold Doubles Ecuador Resource to 9.1¹ Million Ounces Gold Equivalent²

    April 9, 2025
  • 4

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 5

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 6

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 7

    Zelenskyy thanks NATO, European leaders for backing his push to join Trump‑Putin summit

    August 11, 2025
Promotion Image

banner

Categories

  • Business (688)
  • Investing (3,251)
  • Politics (4,077)
  • Stocks (1,072)
  • Terms and Conditions
  • Privacy Policy

Copyright © 2026 bullhedging.com | All Rights Reserved