Tech billionaire Elon Musk and the Department of Government Efficiency have been hard at work identifying and cutting examples of waste, fraud, and abuse in federal spending, and that includes canceling hundreds of leases held by the federal government for real estate properties across the country.

Among the DOGE-terminated leases was one for the Obama Presidential Library at Hoffman Estates in Chicago, Illinois, according to Breitbart.

That cancelation is more symbolic than impactful, however, as the Obama Library's lease was set to expire later this year and the facility is in the process of being moved to a different location.

Lease canceled for Obama Presidential Library in Chicago

Fox News reported that DOGE recently canceled the federal lease for the Obama Presidential Library that is located on private property owned by Hoffman Estates in Chicago and is run by the National Archives and Records Administration.

NARA is currently overseeing the digitization of roughly 25 million unclassified documents from the Obama administration that are currently stored in the Library along with an 35,000 physical artifacts from Obama's presidency.

All of those papers and artifacts, however, are scheduled to soon be moved to a new NARA-run secured location in College Park, Maryland, before the expiration of the lease later this year.

It is unclear when that transfer is supposed to occur, but a NARA spokesperson confirmed that it will happen before the end of the current Fiscal Year in September.

Not to be confused with the as-yet unopened Obama Presidential Center

The lease cancelation will not impact the separate Obama Presidential Center, which remains under construction in a different part of the city and is scheduled to be completed next year, as it was funded by private donations instead of U.S. taxpayers and is overseen by the private Obama Foundation, per Fox News.

Once officially opened to the public, the Obama Center will feature digital versions of the 25 million documents and will display some of the physical artifacts on loan from NARA.

The Center was supposed to have already been completed at a cost of around $350 million, but cost overruns and schedule delays have pushed back the grand opening until at least some unspecified date in 2026 and have bumped the estimated price tag up to at least $830 million in 2021, which is likely much higher than that by now.

DOGE is racking up substantial savings

According to the DOGE website, the group claims to have saved at least $105 billion in taxpayer funds thus far, or more than $650 per taxpayer, via a combination of "asset sales, contract/lease cancellations and renegotiations, fraud and improper payment deletion, grant cancellations, interest savings, programmatic changes, regulatory savings, and workforce reductions."

The agency further noted as of Wednesday that it had saved taxpayers an estimated $468 million through the termination of 748 leases held by the federal government across the nation and around the globe.

Included among the "receipts" was a line denoting the Hoffman Estates lease in Chicago that housed the Obama Presidential Library at an annual cost to taxpayers of more than $1.4 million, with the early cancelation of that soon-to-be-expired lease saving taxpayers approximately $740,000.

In addition to the lease cancelation savings, DOGE also claims to have saved taxpayers around $15 billion through the termination of more than 4,000 federal contracts along with another estimated $15 billion saved from ending nearly 6,300 federal grants.