$4.7 Trillion Mystery: How Missing Treasury Codes Made Government Spending Untraceable
DOGE reveals a shocking lack of accountability in federal payments, while proposing cost-cutting reforms to save billions. What's the "Black Budget"... and where's its money coming from??
The Department of Government Efficiency (DOGE) dropped a bombshell on February 17: a staggering $4.7 trillion in Treasury payments were nearly impossible to track due to missing identification codes.
These codes, known as Treasury Access Symbols (TAS), are critical for linking payments to specific accounts—a standard practice in financial bookkeeping. However, the TAS field was often left blank, rendering trillions of dollars in government spending untraceable.
DOGE, led by SpaceX and Tesla CEO Elon Musk, announced that the TAS field is now mandatory, a move aimed at increasing transparency and accountability in federal spending. “This change will provide much-needed insight into where taxpayer money is actually going,” DOGE stated on social media platform X.
But the revelations didn’t stop there. DOGE also proposed eliminating paper checks, which cost taxpayers $2.40 each to process and store. With 116 million paper checks issued in fiscal year 2024, the move could save at least $750 million annually. Additionally, DOGE reported that $25 billion in tax refunds were delayed or lost due to expired checks in 2023.
Since its inception under the Trump administration, DOGE has identified an estimated $55 billion in savings through fraud detection, contract re-negotiations, workforce reductions, and other measures. The agency is now working to make this data fully transparent and accessible to the public.
However, DOGE’s sweeping authority has faced legal challenges, with 14 state attorneys general filing a lawsuit alleging that Musk’s access to federal systems is unconstitutional.
Despite the controversy, Musk remains committed to delivering on what he calls a “mandate for major government reform.”
As DOGE continues to audit federal agencies and push for cost-cutting measures, one thing is clear: the era of untraceable government spending may finally be coming to an end.
DOGE discovers $4.7 trillion in Treasury payments were missing critical code: ‘Traceability almost impossible’
Treasury SCAM LIVE | $4.7 TRILLION MISSING?! Musk’s DOGE Exposes Treasury Scandal
DOGE claims it found $4.7 trillion in Treasury payments that are ‘untraceable’
Elon Musk's DOGE finds $4.7 trillion in Treasury payments on untraceable budget line - and no one knows where the money went
Editor’s Note: Here’s one project that has sucked-up a LOT of these missing funds: