US President Donald Trump on Sunday said the US may carry less debt than thought, and could be due to fraud related to paying debts.
Trump made comments to reporters on Air Force 1 while flying to the Super Bowl in New Orleans.
The US currently has $36.2 trillion in public debt outstanding, according to the US Treasury Department.
Trump has appointed billionaire Elon Musk to billionaire Elon Musk, who sparked street protests in Washington and accused the Trump administration of breaking the law.
Musk’s “Government Efficiency Department” disrupts operations in several federal agencies and raises privacy and security concerns while accessing sensitive pay and spending records.
“We’re even seeing treasures,” Trump told reporters on Sunday in Air Force 1. “There could be a problem. You’re reading about it and at the Treasury, that could be an interesting issue.”
Trump added to the Treasury Department: In other words, some of the things we find are very fraudulent. So you may have less debt than we thought. ”
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Trump’s comments on Sunday regarding potential fraud related to the US Treasury Department raise the question of what the Musk team will do.
A federal judge temporarily blocked Musk’s team on Saturday, preventing access to government systems used to process trillion dollar payments, and could inappropriately reveal sensitive information. I cited the risk that there was.
After the ruling, Musk agreed to require that the Treasury and Doji have a classification code, including the rationale in the form of comments, Musk said.
Musk also said an endless list of entities that should not receive government payments should be updated at least weekly, if not daily.
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Trump appointee Treasury Secretary Scott Becent said last week that Musk’s team has “read-only” access to the payment system, and that the decision to stop payments will be made by other agencies.