Tesla CEO Elon Musk and his Department of Government Efficiency (DOGE) have reportedly and recently alleged that the US Treasury might be paying out a large $50 billion per year in fraudulent entitlement payments while potentially impacting the nation's $36.2 trillion national debt, reported Fortune.
According to Fortune, Tesla CEO Elon Musk now claims that $100 billion per year in entitlement payments are going to individuals without having any sort of Social Security Numbers or even temporary IDs whereas an estimated 50% of that being fraudulent. Also, he has outlined numerous measures to combat this including the payment categorization codes, a ‘do-not-pay’ list and a rationale field for payments.
However, recently, a federal judge has temporarily blocked the access of DOGE to sensitive Treasury Department data while backing a lawsuit from 19 Democratic state attorneys general who put forward an argument that DOGE's access violates federal laws protecting sensitive data, asserted Fortune. Judge Paul Engelmayer issued a preliminary injunction while citing several concerns about the potential exposure of personal financial information and increased vulnerability to cyberattacks.
The attorneys general also raised concerns about the data feeding of DOGE into an open source AI system without even sufficient privacy and security measures.
In spite of the legal setback, Tesla CEO Elon Musk still continues to allege widespread fraud and