President Trump has issued a memo calling for what it called “radical transparency about wasteful spending,” telling agencies to make public, to the maximum allowed by law, “the complete details of every terminated program, cancelled contract, terminated grant, or any other discontinued obligation of federal funds.”
“The United States government has wasted taxpayer dollars on programs, contracts, and grants that do not serve the American public’s interests. For too long, taxpayers have subsidized ideological projects overseas and domestic organizations engaged in actions that undermine the national interest,” an accompanying fact sheet says.
The fact sheet lists as examples several contracts and grants issued by the Biden administration that since have been canceled on ideological grounds involving USAID, the Education Department, and other agencies.
By far the largest dollar figure include is the GAO estimate from a report last year that the government “could lose between $233 billion and $521 billion annually to fraud.” That report however focused on issues fraudulent claims against programs such as unemployment compensation and pandemic relief, not on contracts and grants.
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