The newly fashioned Division of Authorities Effectivity (DOGE) is tracing the lengthy, complicated path of presidency spending. US taxpayers need to know the place their cash is spent. The US Treasury Division ought to be capable to present a transparent account of presidency spending as it’s answerable for processing trillions in authorities funds per 12 months. It has been revealed that the US Treasury has not been doing its half.
Individuals present the US Treasury Division with their hard-earned {dollars} each tax season, and all year long for that matter. The company is tasked with managing the federal government’s funds, paying all authorities payments, and accumulating taxes and duties. It supervises nationwide banks and thrift establishments. The company is meant to assist in guiding worldwide coverage and sustaining relationships with international establishments and governments to take care of financial stability globally.
Who’s in cost? Prime civil servant on the Treasury, David Lebryk, unexpectedly left his workplace as quickly because the DOGE investigation started. Lebryk forfeited his authorities pension and profession as a substitute of complying. He has since been changed by Scott Bessent who has supplied DOGE with entry to the federal funds system.
Because it seems, the Treasury Division has not denied a request for cost in 22 years. So at any time when a bureaucrat or authorities official wished the Treasury Division to pay for one thing, the reply was all the time YES. Musk not too long ago accused Treasury officers of “breaking the legislation each hour of daily by approving funds which can be fraudulent or don’t match the funding legal guidelines handed by Congress.”
The institution doesn’t need transparency. Senator Elizabeth Warren penned a letter to Bessent to precise her concern over the investigation. “It’s terribly harmful to meddle with the critical systems that process trillions of dollars of transactions each year, are important to stopping a default on federal debt, and make sure that tens of thousands and thousands of Individuals obtain their Social Safety checks, tax refunds and Medicare advantages,” wrote Ms. Warren, the highest Democrat on the Senate Banking Committee.
What are they hiding? Each search consequence will offer you the explanation why DOGE mustn’t examine the Treasury. But, funding revealed by impartial watchdog companies already supplies us some perception.
RealClear Investigations discovered that the division paid out $1.3 billion in federal advantages to deceased people. FEMA has been granted $70 billion to pay for COVID-19 prices via 2026, however there is no such thing as a present pandemic. Open the Books discovered that $38.7 million was spent on DEI hires. It has been revealed that IRS staff are above the legislation and owed a collective $50 million in unpaid taxes in 2023. Then now we have asinine spending on packages like the damaging Nationwide Institutes of Well being. The US Treasury despatched the NIH $33 million to function a small island to review monkey conduct, and supplied them an extra $3.7 million to analysis playing conduct in monkeys. The College of Michigan acquired $12 million to check methamphetamine on monkeys, and a lab in Florida was awarded $477,000 to toy with hormones and create transgender monkeys.
Individuals are outraged that Musk and his group have entry to the US monetary system, however what on Earth have been the individuals with prior entry allowing? Everybody with entry has handed the identical clearances and background checks. Amid America’s debt disaster it’s paramount to offer transparency to the individuals. This search is trickling into different companies as we’re seeing with the likes of USAID. Maybe this would be the time period that Trump really drains the swamp.
