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GOP Senator Calls For Investigation Into $4.7 Trillion In 'Untraceable' Treasury Payments

• https://needtoknow.news, ZeroHedge and Fox News

This left trillions in payments blank and unable to be traced. Republican Senator Rick Scott introduced a bill – the LEDGER Act – requiring the Treasury Department to track all payments.
Republican Senator Eric Schmitt has called for an investigation into where the untraceable payments have been going. He said,"There's so much waste. There's so much fraud, There's so much abuse in our government. I'm glad there was a laser-like focus on it. We ought to make many of those reforms permanent, but there probably ought to be some investigations here about where this money actually went. I mean this is taxpayer money. People work hard."

In February, Elon Musk's Department of Government Efficiency (DOGE) uncovered $4.7 trillion in payments made by the US Treasury that are "almost impossible" to trace – as Treasury Account Symbol (TAS) identification codes were optional in the system. This left billions in payments blank and unable to be traced.

"Of the 1.5 billion payments that we send out every year, they are required to have a TAS, a Treasury Account Symbol. We discovered that more than one third of those payments did not have a TAS number," Treasury Secretary Scott Bessent told the House Appropriations Subcommittee on Financial Services earlier this month.

"In the Federal Government, the TAS field was optional for ~$4.7 Trillion in payments and was often left blank, making traceability almost impossible," DOGE announced via its X account. Thanks to DOGE, those "optional" days are over. "…this is now a required field, increasing insight into where money is actually going," DOGE added. 

So while the TAS field is now mandatorySen. Eric Schmitt (R-MO) has called for an investigation into where the untraceable payments have been going.

"There's so much waste. There's so much fraud, There's so much abuse in our government," Schmitt told Fox News. "I'm glad there was a laser-like focus on it. We ought to make many of those reforms permanent, but there probably ought to be some investigations here about where this money actually went. I mean this is taxpayer money. People work hard."

In March. Sen. Rick Scott (R-FL) introduced a bill – the LEDGER Act – requiring the Treasury Department to track all payments.