DOGE discovers $4.7 trillion in Treasury payments were missing critical code: ‘Traceability almost impossible’
The Department of Government Efficiency (DOGE) announced Monday that some $4.7 trillion in payments from the Treasury Department were missing a critical tracking code which made tracing the transactions “almost impossible.”
The transactions were reportedly missing the Treasury Account Symbol, or TAS, an identification code which links a Treasury payment to a budget line item, according to DOGE, which described the use of such code as a “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,” read an X post from DOGE.
Use of the TAS code is now mandatory, according to Elon Musk and DOGE.
The Elon Musk-led project to curb waste, fraud and abuse in the federal government said in light of the discovery use of the TAS code is now mandatory.
“As of Saturday, this is now a required field, increasing insight into where money is actually going,” DOGE said, thanking the Treasury Department for its “great work” implementing the change.
More at: https://nypost.com/2025/02/17/us-news/doge-discovers-4-7-trillion-in-treasury-payments-were-missing-critical-code/