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DOGE claims it found $4.7 trillion in Treasury payments that are ‘untraceable’

  • The Department of Government Efficiency reported finding $4.7 trillion in federal payments that are 'untraceable' due to a lack of tracking codes from the Treasury Department.
  • DOGE noted that the Treasury Access Symbol field was optional, leading to complications in tracking these payments.
  • After this finding, DOGE made the use of the TAS mandatory to enhance traceability of federal payments.
  • Elon Musk mentioned he assumed this role to cut through bureaucracy and help prevent bankruptcy for the U.S.
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  • 84% of the sources lean Right
84% Right

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Fox News broke the news in New York, United States on Tuesday, February 18, 2025.
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