The General Services Administration (GSA) in the US has asked federal agencies to list and justify consulting contracts from 10 companies as part of an initiative to eliminate non-essential consulting contracts. The aim of this initiative is to cut costs and increase efficiency in the government. Companies such as Deloitte, Accenture, and IBM are set to receive over $65 billion in fees in the coming years, but cutting some of these contracts would help achieve the goal of eliminating waste. Consultants specializing in technology-based services like cyber security and AI may be less affected by this initiative. However, companies heavily dependent on government contracts, such as Booz Allen Hamilton and Leidos Holdings, could face challenges. The potential job cuts related to this initiative may be higher than initially estimated, affecting federal employees as well as contractors. The government intends to allocate a portion of the savings to American citizens and use an equal amount to pay down the federal debt. However, Americans remain uncertain about the impact of this initiative and the effectiveness of the government in delivering results.



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