[ZeroHedge] The Elon Musk-led Department of Government Efficiency (DOGE) on Monday revealed its finding that $4.7 trillion in disbursements by the US Treasury are "almost impossible" to trace, thanks to a rampant disregard for the basic accounting practice of using of tracking codes when dishing out money.
Mind you, it's not as if such a federal tracking system wasn't already in place -- it simply went casually unused for all sorts of payouts adding up to an almost unfathomable $4.7 trillion. Without Treasury Access Symbol (TAS) identification codes associated with those payouts, there's little hope in figuring out where all that money went.
"In the Federal Government, the TAS field was optional for ~$4.7 Trillion in payments and was often left blank, making traceability almost impossible," DOGE announced via its X account. Thanks to DOGE, those "optional" days are over. "As of Saturday, this is now a required field, increasing insight into where money is actually going," DOGE added.
Musk celebrated the move. "Major improvement in Treasury payment integrity going live!" he tweeted. "This was a combined effort of DOGE, USTreasury and FederalReserve. Nice work by all."
DOGE's scrutiny of various government agencies is eliciting high-pitched shrieks from nearly every leftist in America, from establishment politicians who don't want the curtain that hides their hijinks and grifting torn down, to your liberal sister-in-law who thinks the government has an endless supply of money and that it spends it all virtuously. |