Every person who has ever been involved in bookkeeping, personal or otherwise, understands that expenses have codes or memo lines. Even in Quicken, which I use for my own checkbook, there is a place to put the purpose of the money spent. Well, evidently our government is not really into good accounting practices.<\/p>\n
On Monday, The Gateway Pundit<\/a> reported the following:<\/p>\n On Monday, Elon Musk\u2019s DOGE revealed the federal government didn\u2019t trace $4.7 trillion in payments.<\/strong><\/p>\n $4.7 trillion dollars in payments were left blank, making it nearly impossible to trace, DOGE said.<\/strong><\/p>\n \u201cThe Treasury Access Symbol (TAS) is an identification code linking a Treasury payment to a budget line item (standard financial process),\u201d DOGE explained in a post on X.<\/strong><\/p>\n \u201cIn 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 US Treasury for the great work,\u201d DOGE said.<\/strong><\/p>\n The article also notes:<\/p>\n Last Wednesday Real America\u2019s Voice White House reporter Brian Glenn asked White House Press Secretary Karoline Leavitt about the trillions in fraudulent Medicaid and Medicare payments <\/a>that have been going overseas.<\/strong><\/p>\n Rep. Marjorie Taylor Greene (R-GA) held her DOGE subcommittee hearing earlier in the day and announced the group\u2019s findings. The subcommittee has found $2.7 trillion in improper and fraudulent government payments since forming their subcommittee.<\/strong><\/p>\n This number came from a report late last year on government waste.<\/strong><\/p>\n I applaud DOGE for the work they are doing and hope that it will translate into government efficiency and eventually lower taxes and expenses for Americans.<\/p>\n","protected":false},"excerpt":{"rendered":" Every person who has ever been involved in bookkeeping, personal or otherwise, understands that expenses have codes or memo lines. Even in Quicken, which I use for my own checkbook, there is a place to put the purpose of the … Continue reading