Early this year, Elon Musk The Government Efficiency Office (DOGE) has discovered $4.7 trillion in untraceable Treasury payments.
Prior to the discovery, the Treasury’s Treasury payments were optional at $4.7 trillion, and the Treasury identification code was often left blank and could not be tracked. This area needs to increase “insights into where money is actually heading,” the Ministry of Finance and Doge. Announced in February.
“Of the 1.5 billion payments we send each year, they need to have a TAS, a Treasury account symbol. We discovered that more than a third of these payments do not have a TAS number.” Treasury Secretary Scott Bescent He said earlier this month before the House Budget Subcommittee on Financial Services and the General Government.
Fox News Digital has called on Republican senators at Capitol Hill to accommodate approximately half a million payments with untraceable payments made by the Treasury every year.
Doge says it found a nearly untraceable budget line item responsible for $4.7T in payment
GOP Senators Dan Sullivan (left) and Roger Marshall opposed the Treasury’s untraceable payments. (Nicholas Ballasy/Fox News Digital)
“Unfortunately, I’m not surprised at all,” Sen. R-Kansas Sen. Roger Marshall said, “This is a common theme, as they left the complete field revocation when they were filling their finances. It’s not surprising.”
R-Missouri Sen. Eric Schmidt asked to investigate where these payments actually went.
“There’s so much waste. There’s so much fraud. There’s so much abuse in the government,” Schmidt told Fox News Digital. “I’m pleased that there was a laser-like focus. Many of these reforms need to be permanent, but there should probably be some research here about where this money actually went. This means it’s taxpayer money.
President Donald Trump and Elon Musk have worked to eliminate waste, fraud and abuse through government efficiency (DOGE). (Jeff Bottari/Zuffa LLC)
rear Doge and The Treasury Department has discovered $4.7 trillion in untraceable funds, including Florida’s Senators Marshall and Rick Scott. The bill has been introduced In March, the Treasury requested that all payments be tracked.
Find all payments in your government spending record (Ledger) Act The Ministry of Finance aims to increase transparency in how taxpayers spend their money.
“When I hear about this story about not knowing where the money was heading, it makes you mad because this is someone else’s money. This is taxpayer money when we have nearly $37 trillion in debt.
Elon Musk showed off his T-shirt reading “Technical Support” while speaking at the first cabinet meeting hosted by President Donald Trump at the White House in Washington, DC on February 26, 2025. (Reuters/Brian Snyder)
Congressional Budget Project showing total interest payments on US government bonds 2025 $95.2 billion. That’s $100 billion more in the US defense budget than $850 billion.
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“We paid more on our debt, our $36 trillion debt last year. 950 billion dollars of interest Go to bondholders around the world, including China. That $950 billion was not made to build bridges or F-35s. Senator Dan Sullivan of R-Alaska said:
“That’s when most countries hit, when you look at history, that’s when the great powers start to fade, so we have to get those savings.”
