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$100 Billion Fraud Per Year in US Govt Payment Systems: Musk
The Daily Guardian
|February 10, 2025
Treasury Department has reached an agreement changing reporting requirements for all outgoing govt payments, Musk said.
Elon Musk, the CEO of Tesla and SpaceX, on Sunday voiced strong concerns about the US government's payment systems, revealing troubling 'inefficiencies' and potential 'fraud' worth over USD 100 billion every year.
In a post on X, Musk said that the Treasury Department and his Department of Government Efficiency have reached an agreement changing reporting requirements for all outgoing government payments.
The government payments will now have a 'payment categorization code' for auditing purposes, he wrote in a post on X.
Denne historien er fra February 10, 2025-utgaven av The Daily Guardian.
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FLERE HISTORIER FRA The Daily Guardian
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