• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Elon Musk outlines ‘super obvious’ changes DOGE and Treasury have agreed to make

by February 9, 2025
written by February 9, 2025

Billionaire Elon Musk outlined a list of ‘super obvious’ changes that his Department of Government Efficiency (DOGE) plans to make at the U.S. Treasury Department this weekend.

Musk says officials at the treasury are working to make the government’s books more simple to audit, as well as more accountability for where funds are going. The changes also require treasury employees to more frequently update the congressional ‘do not pay’ list, which highlights fraudsters and illegal fronts.

‘Nobody in Treasury management cared enough before. I do want to credit the working level people in Treasury who have wanted to do this for many years, but have been stopped by prior management,’ Musk said.

‘Everything at Treasury was geared towards complain[t] minimization. People [who] receive money don’t complain, but people who don’t receive money (especially fraudsters) complain very loudly, so the fraud was allowed to continue,’ he added.

‘The above super obvious and necessary changes are being implemented by existing, long-time career government employees, not anyone from DOGE,’ Musk added.

‘It is ridiculous that these changes didn’t exist already! 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,’ he continued. ‘If accurate, this is extremely suspicious. When I asked if anyone at Treasury had a rough guess for what percentage of that number is unequivocal and obvious fraud, the consensus in the room was about half, so $50B/year or $1B/week!! This is utterly insane and must be addressed immediately.’

Musk’s tirade toward the treasury department comes just after a federal judge blocked DOGE’s ability to access treasury department systems. The Tesla CEO condemned the ruling as ‘insane’ this weekend.

The Friday lawsuit, which was filed by 19 Democratic attorneys general, claimed Musk’s team violated the law by being given ‘full access’ to the Treasury’s payment systems. The systems include information about Americans’ Social Security, Medicare and veterans’ benefits, tax refund information and more.

The lawsuit was filed in New York by the office of New York Attorney General Letitia James, who wrote that President Donald Trump ‘does not have the power to give away Americans’ private information to anyone he chooses, and he cannot cut federal payments approved by Congress.’

U.S. Treasury Secretary Scott Bessent has expressed support for Musk and DOGE in the past, recently saying that the U.S. ‘doesn’t have a revenue problem, we have a spending problem.’

‘At the Treasury, our payment system is not being touched,’ Bessent said in a ‘Kudlow’ interview on Wednesday. ‘We process 1.3 billion payments a year. There is a study being done — can we have more accountability, more accuracy, more traceability that the money is going where it is?’

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Days before Trump halted funding, an ex-Israeli hostage was held at UNRWA school in Gaza, she reveals
next post
Speaker Johnson says House will match Trump’s pace as Democrats are left ‘flailing’

related articles

Justice Barrett opens up about ‘awkward’ start on...

September 5, 2025

Trump trashes Nadler on heels of Dem’s House...

September 5, 2025

DAVID MARCUS: RFK Jr is right, nobody knows...

September 5, 2025

DOJ task force finds ‘numerous instances’ of anti-Christian...

September 5, 2025

House Republicans split with Trump team over ‘very...

September 5, 2025

‘Delusional’: Oversight Republicans slam ex-Biden aide for lashing...

September 5, 2025

Venezuelan military jets buzz US Navy ship in...

September 5, 2025

Trump’s midterm convention is the seismic shift that...

September 5, 2025

Republican doctors clash with RFK Jr over vaccines...

September 5, 2025

Trump admin urges Supreme Court to allow president...

September 5, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Venezuela’s Maduro to start third term in office amid rigged election: ‘Blatant violation’

    January 7, 2025
  • The ‘Squad,’ Warren and Sanders among prominent political figures who cruised to re-election victories

    November 6, 2024
  • Trump says Biden admin ‘knows what is happening’ on drones

    December 16, 2024
  • Several provisions fail to pass muster with Senate rules in ‘big, beautiful bill’

    June 21, 2025
  • Following key wins, Trump poised for cabinet completion in record time

    February 23, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,925)
  • Investing (634)
  • Stock (922)

Latest Posts

  • REAL ID deadline comes and goes – airports report business as usual

    May 8, 2025
  • First on Fox: Republican senators urged to ‘go on offense’ on DOGE goals, highlight work with Trump, Musk

    March 24, 2025
  • ‘Master dealmaker’: Inside Trump’s budget bill victory amid House GOP rebellion

    February 27, 2025

Recent Posts

  • SCOOP: Congress barrels toward showdown over Biden-era rule letting California ban gas cars

    April 3, 2025
  • Trump’s Energy Department is taking back our home appliances from berserk bureaucrats

    June 16, 2025
  • Senate advances defense bill boosting service member pay, Pentagon reforms

    September 2, 2025

Editor’s Pick

  • Special Counsel Smith seeks to dismiss Jan. 6 charges against Trump

    November 25, 2024
  • Trump claims China will open markets to US businesses, ease trade barriers

    May 12, 2025
  • ‘Shirts and Skins’: How one Republican bridged the gap to pass Trump’s ‘big, beautiful bill’

    July 24, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock