President Donald Trump’s administration is touting record-breaking cost-cutting achievements, despite the U.S. economy experiencing its sharpest downturn in over two years, according to data from the Commerce Department. These claims have been met with skepticism, particularly regarding the Department of Government Efficiency’s (DOGE) alleged savings of $100 billion. While the White House credits DOGE with these significant cost-reductions, government figures show GDP contracted at an annualized rate of 0.3% in the first quarter of 2025. The decline, attributed to a trade deficit and a drop in consumer spending, contrasts sharply with the administration’s optimistic projections of economic growth.