DOGE Says $4.7 Trillion of Taxpayer Cash is 'Untraceable.'

The Department of Government Efficiency (DOGE) has claimed that $4.7 trillion in federal transactions lack something called a Treasury Account Symbol (TAS), a vital tracking code that means tens of thousands of payments over many years are untraceable.

This discovery represents nearly 70 percent of last year’s federal spending, drawing urgent attention to the issue of financial accountability and transparency. On his X platform, Elon Musk highlighted the significance of this discrepancy, noting its potential to lead to significant Treasury payment improvements.

Musk’s advisory body, aiming to streamline federal spending, found that the TAS code had been optional for substantial government payments. Consequently, new mandates have been introduced to require the use of this code, enhancing budget transparency.