WHOA! DOGE says it found nearly untraceable budget line item responsible for TRILLIONS

4

For ads-free news, click here.

The Department of Government Efficiency (DOGE) dropped a big announcement Monday evening, explaining that a whopping $4.7 trillion in payments at the Treasury Department was missing an important tracking code, which made the transactions nearly impossible to trace.

In a post on social media, DOGE wrote, “The Treasury Access Symbol (TAS) is an identification code linking a Treasury payment to a budget line item (standard financial process).”

“In the Federal Government, the TAS field was optional for ~$4.7 Trillion in payments and was often left blank, making traceability almost impossible. As of Saturday, this is now a required field, increasing insight into where money is actually going. Thanks to @USTreasury for the great work,” the post reads.

DOGE provided a link to the Treasury website, which explains the purpose of the tracking code:

A Treasury Account Symbol (TAS) is an identification code assigned by the Department of the Treasury (Treasury), in collaboration with the Office of Management and Budget (OMB) and the owner agency, to an individual appropriation, receipt, or other fund account.

The term “Treasury Account Symbol” is a generic term used to describe any one of the account identification codes assigned by Treasury and is also referred to as the “account”. All financial transactions of the federal government are classified by TAS for reporting to Treasury and OMB. For more information on account symbols and titles, Fiscal Service issues a Treasury Financial Manual supplement titled “Federal Account Symbols and Titles Book”.

Elon Musk re-posted the announcement and added, “Major improvement in Treasury payment integrity going live! This was a combined effort of @DOGE, @USTreasury and @FederalReserve. Nice work by all.”

Follow us on X (Formerly Twitter.)
The DML News App: www.X.com/DMLNewsApp

The Dennis Michael Lynch Podcast archive is available below, with the most recent on top. Never miss an episode. Subscribe to the show by downloading The DML News App or go to Apple Podcasts.

Previous article47 Report: Day 30
Next articleWATCH: Kamala Harris mocked as ‘drunk auntie’ for nonsensical ‘word salad’ speech to Broadway cast
CLICK HERE FOR COMMENTS SECTION