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Executive Order 14222Executive Order
Implementing the President's "Department of Government Efficiency" Cost Efficiency Initiative
Donald J. Trump
Signed: Feb 26, 2025
Published: Mar 3, 2025
Economy & TaxesTechnology & Innovation
Standard Summary
Comprehensive overview
This executive order establishes a government-wide initiative to increase transparency and accountability in federal spending. It requires agencies to implement systems for tracking and justifying payments, review existing contracts and grants for potential cost savings, and impose temporary restrictions on certain expenditures. The order aims to reduce wasteful spending and reallocate resources toward the administration's policy priorities while exempting critical functions like law enforcement, military operations, and emergency services.
Key Points
- 1Requires agencies to create centralized systems for recording and justifying payments under covered contracts and grants, with justifications to be made public where possible
- 2Mandates a 30-day review of all existing covered contracts and grants to identify opportunities for termination, modification, or renegotiation to reduce costs
- 3Imposes a 30-day freeze on most government employee credit cards, with exceptions for critical services and disaster response
- 4Requires agencies to establish systems for justifying and reporting non-essential government-funded travel
- 5Orders agencies to update real property inventories and review lease termination options within strict deadlines (7-60 days)
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