AP: “Nearly 40% of the federal contracts that President Donald Trump’s administration claims to have canceled as part of its signature cost-cutting program aren’t expected to save the government any money, the administration’s own data shows. The Department of Government Efficiency, run by Trump adviser Elon Musk, published an updated list Monday of nearly 2,300 contracts that agencies terminated in recent weeks across the federal government. Data published on DOGE’s “Wall of Receipts” shows that more than one-third of the contract cancellations, 794 in all, are expected to yield no savings. That’s usually because the total value of the contracts has already been fully obligated, which means the government has a legal requirement to spend the funds for the goods or services it purchased and in many cases has already done so. “It’s like confiscating used ammunition after it’s been shot when there’s nothing left in it. It doesn’t accomplish any policy objective,” said Charles Tiefer, a retired University of Baltimore law professor and expert on government contracting law. “Their terminating so many contracts pointlessly obviously doesn’t accomplish anything for saving money.”  Let’s balance the budget! DOGE’s total estimated savings are $65 billion, which is a combination of fraud detection/deletion, contract/lease cancellations, contract/lease renegotiations, asset sales, grant cancellations, workforce reductions, programmatic changes, and regulatory savings. We are working to upload all of this data in a digestible and fully transparent manner with clear assumptions, consistent with applicable rules and regulations. To get started, listed below are a subset of contract and lease cancellations; for the former, the contracts listed are those that have been posted publicly on www.fpds.gov. Note that the FPDS posting of the final termination notices can have up to a 1-month lag. There may be discrepencies between FPDS and the posted numbers, the latter of which originate directly from the agency contracting officials. If you would like to report a potential discrepancy, please DM the @DOGE X account. Last updated February 24, 2025. This will initially be updated twice per week; over time, the website will improve and the updates will converge to real-time.”