In a bombshell revelation, the Division of Authorities Effectivity (DOGE) has uncovered a stunning stage of federal spending abuse, revealing that the U.S. authorities has over 4.6 million energetic bank cards in circulation, processing a staggering 90 million transactions value practically $40 billion in Fiscal Yr 2024 alone.
DOGE, the brand new federal watchdog company established underneath President Donald Trump, posted its findings on X on Tuesday, accompanied by a breakdown of federal company expenditures.
“The US authorities at the moment has ~4.6M energetic bank cards/accounts, which processed ~90M distinctive transactions for ~$40B of spend in FY24. DOGE is working w/ the companies to simplify this system and scale back admin prices – we’ll report again in 1 week,” the account wrote.
Main the cost in spending? None apart from the Division of Protection (DOD), which boasts roughly 2.4 million particular person accounts and a jaw-dropping 27.2 million transactions in only one fiscal yr.
In response to DOGE’s report, President Trump issued a scathing memo on Tuesday, ordering all authorities companies to implement “radical transparency” relating to spending taxpayer cash.
The statement reads:
America Authorities spends an excessive amount of cash on packages, contracts, and grants that don’t promote the pursuits of the American individuals.
For too lengthy, taxpayers have sponsored ideological initiatives abroad and home organizations engaged in actions that undermine the nationwide curiosity.
The American individuals have seen their tax {dollars} used to fund the eagerness initiatives of unelected bureaucrats relatively than to advance the nationwide curiosity. The American individuals have a proper to see how the Federal Authorities has wasted their hard-earned wages.
I due to this fact direct the heads of government departments and companies (companies) to take all applicable actions to make public, to the utmost extent permitted by regulation and because the heads of companies deem applicable to advertise the insurance policies of my Administration, the whole particulars of each terminated program, cancelled contract, terminated grant, or another discontinued obligation of Federal funds.
Businesses shall make sure that such publication happens in accordance with all relevant legal guidelines, laws, and the phrases and situations of the underlying contract, grant, or different award.
DOGE’s revelations are simply the tip of the iceberg, and as Musk and Trump proceed to dig deeper, anticipate extra stunning disclosures about how Washington elites have been abusing YOUR tax {dollars}.
