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Time Details
2025-02-15
17:28
DOGE Layoffs Expected to Save $600 Million Annually

According to The Kobeissi Letter, 3,600 probationary Health and Human Services employees were laid off by DOGE, which is anticipated to save $600 million annually in taxpayer dollars. Additionally, DOGE's 65,000 cuts to date are now estimated to save approximately $38 billion in annual taxpayer dollars. This significant reduction in costs may impact government fiscal health and potentially influence market sentiment towards DOGE-related financial instruments.

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