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Author Topic: DOGE finds nearly $40 billion in spending linked to government-issued credit cards  (Read 325 times)

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Offline rangerrebew

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DOGE finds nearly $40 billion in spending linked to government-issued credit cards
« on: February 19, 2025, 05:48:01 am »

DOGE finds nearly $40 billion in spending linked to government-issued credit cards
Story by Victor Nava • 4h

The Department of Government Efficiency (DOGE) pledged to “simplify” the federal government’s credit card program on Tuesday which cost taxpayers nearly $40 billion last year.

“The US government currently has ~4.6M active credit cards/accounts, which processed ~90M unique transactions for  ~$40B of spend in FY24,” read an X post from the cost-cutting initiative’s official account.   

“DOGE is working w/ the agencies to simplify the program and reduce admin costs,” the group added.
 
DOGE said it “will report back in 1 week” with its plan to disentangle the system.

Data from the Bureau of Labor Statistics indicate that the federal government employed just over 3 million people in 2024 – meaning that more active credit cards are on file with federal government agencies than employees.

https://www.msn.com/en-us/money/other/doge-finds-nearly-40-billion-in-spending-linked-to-government-issued-credit-cards/ar-AA1zkT7j?ocid=msedgntp&pc=HCTS&cvid=0337ac57f5d34c97a6608d0a91f20ce2&ei=31
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Offline bilo

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Re: DOGE finds nearly $40 billion in spending linked to government-issued credit cards
« Reply #1 on: February 19, 2025, 12:05:12 pm »
“The US government currently has ~4.6M active credit cards/accounts,

Apprx. 1.6 million cards than employees. Also, I can't imagine why 3/4's of the govt employees would even need a credit card.

IOW, they have no clue of what's going on with our tax dollars.
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