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Musk exposes $100 billion in unaccounted US treasury payments, demands reforms

12 0
11.02.2025

Billionaire entrepreneur Elon Musk, serving as the head of the Department of Government Efficiency (DOGE), has revealed that the US Treasury disburses over $100 billion annually to individuals who lack Social Security Numbers (SSNs) or temporary identification numbers. This discovery has sparked widespread concerns over potential fraud and inefficiencies in the federal payment system. Musk, appointed as a special government employee under the Trump administration, is leading an aggressive campaign to curb unnecessary expenditures and enhance financial accountability.

Musk made the shocking announcement in a post on X (formerly Twitter):

“Yesterday, I was told that there are currently over $100B/year of entitlements payments to individuals with no SSN or even a temporary ID number. If accurate, this is extremely suspicious.”

According to Musk, Treasury officials estimate that at least half of these payments-approximately $50 billion annually or $1 billion per week-may be fraudulent. This revelation has led to calls for immediate reforms to ensure proper allocation of taxpayer funds. Musk described the situation as “utterly insane” and emphasized that it must be addressed without delay.

The Department of Government Efficiency (DOGE) is a temporary initiative established by the Trump administration to identify and eliminate wasteful spending. Unlike traditional government departments, DOGE operates with a targeted approach to cutting costs and streamlining bureaucratic inefficiencies. Musk has set an ambitious goal of reducing the federal deficit by at least $1 trillion, necessitating daily spending cuts averaging $4 billion.

As part of its cost-cutting measures, DOGE has already identified and scrapped over $1 billion in contracts related to diversity, equity, and........

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