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GOP Senator Calls For Investigation Into $4.7 Trillion In 'Untraceable' Treasury Payments
- In February 2025, the Treasury Department and the Department of Government Efficiency, overseen by Elon Musk, disclosed that $4.7 trillion in Treasury payments lacked traceability because Treasury Account Symbol codes were previously optional.
- This issue arose because TAS codes were not mandatory before, causing over one third of payments to lack traceable identifiers and many fields left blank.
- Each year, the Treasury sends 1.5 billion payments, with roughly 500,000 remaining untraceable, prompting Republican senators like Roger Marshall and Rick Scott to propose the LEDGER Act to enforce full tracking.
- Senators Eric Schmitt, Rick Scott, and Dan Sullivan criticized the lack of oversight, noting the nearly $37 trillion national debt and that $952 billion in interest payments in 2025 will exceed the $850 billion defense budget, calling for urgent investigation.
- The LEDGER Act aims to increase transparency in taxpayer spending and requires mandatory TAS codes to prevent future untraceable payments, highlighting concerns over government waste and fiscal responsibility.
18 Articles
18 Articles
GOP senators rail against staggering $4.7 trillion in untraceable Treasury payments
Earlier this year, Elon Musk's Department of Government Efficiency (DOGE) uncovered $4.7 trillion in untraceable Treasury Department payments. Prior to the discovery, Treasury Account Symbol (TAS) identification codes were optional for $4.7 trillion in Treasury Department payments, so they were often left blank and were untraceable. The field is now required to increase "insight into where the money is actually going," the Treasury Department an…
GOP Senator Calls For Investigation Into $4.7 Trillion In ‘Untraceable’ Treasury Payments
Elon Musk's Department of Government Efficiency (DOGE) uncovered $4.7 trillion in payments made by the US Treasury that are "almost impossible" to trace - as Treasury Account Symbol (TAS) identification codes were optional in the system.
Lawmakers Sound Alarm After DOGE Digs Up Untraceable Treasury Payments - News Addicts
Earlier this year, Elon Musk’s Department of Government Efficiency (DOGE) uncovered $4.7 trillion in untraceable Treasury Department payments. Prior to the discovery, Treasury Account Symbol (TAS) identification codes were optional for $4.7 trillion in Treasury Department payments, so they were often left blank and were untraceable. The field is now required to increase “insight into […] The post Lawmakers Sound Alarm After DOGE Digs Up Untracea…
America First Report
GOP Senators Complain About Untraceable Treasury Payments Uncovered by DOGE But Little Is Being Done About It
(Substack)—The Department of Government Efficiency (DOGE), led by Elon Musk, revealed earlier this year that $4.7 trillion in Treasury Department payments were untraceable. Previously, Treasury Account Symbol (TAS) codes were not mandatory for these payments, leading to many blank entries and untraceable funds. In February, the Treasury Department and DOGE announced that TAS codes are now required to provide “insight into where the money is actu…
Trillions in untraceable Treasury payments raises ire of GOP se
Earlier this year, Elon Musk’s Department of Government Efficiency (DOGE) uncovered $4.7 trillion in untraceable Treasury Department payments. Prior to the discovery, Treasury Account Symbol (TAS) identification codes were optional for $4.7 trillion in Treasury Department payments, so they were often left blank and were untraceable. The field is now required to increase “insight into where the money is actually going,” the Treasury Department a…
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