Elon Musk's DOGE solves a $1.9 billion mystery of Joe Biden presidency
Elon Musk's department of government efficiency (DOGE), which has a taks to cut wasteful government expenditure, is in the limelight for thousands of layoffs. Reportedly, they have already fired thousands of government workers. Meanwhile, the DOGE claimed to have solved $1.9 billion mystery too.
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DOGE on Friday disclosed that they have recovered $1.9 billion that was reportedly misplaced during Joe Biden's presidency.
The recovered funds had been initially assigned to the housing and urban development department (HUD) for financial services administration, but were deemed unnecessary due to operational inefficiencies.
"$1.9 billion of HUD money was just recovered after being misplaced during the Biden administration due to a broken process. These funds were earmarked for the administration of financial services, but were no longer needed," DOGE announced on X.
Working collaboratively, HUD secretary Scott Turner and DOGE resolved the situation, resulting in the funds being de-obligated and released for alternative use by the US Treasury.
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