The figures were revealed in DOGE’s weekly update

The Department of Government Efficiency (DOGE) now claims its waste-shredding measures have netted a staggering $115 billion in savings.

The agency, which has been tasked with cutting waste, fraud, abuse and corruption in the federal government, has updated its figures to reveal the huge sum which comes from a combination of canceling contract leases, stopping fraudulent or improper payment and canceling grants.

The Elon Musk-led agency has also been cutting workforce numbers and changing various programs.

DOGE said that the estimated $115 billion in savings will save an average of $714.29 per taxpayer. The website bases the average saved per taxpayer off the 2022 figures of 161 million individual income taxpayers.

However, there were 163.1 million individual income tax returns in the latest tax return year of 2023, according to the IRS, meaning this would put the average saved per taxpayer at $705.09.

DOGE, which has been embraced by Republicans and derided by Democrats, says that the biggest savings have come from the General Services Administration (GSA), followed by the Education Department and the Environmental Protection Agency (EPA).