Posted on 02/20/2025 4:16:56 AM PST by airdalechief
In a bombshell revelation, the Department of Government Efficiency (DOGE) has exposed a shocking level of federal spending abuse, revealing that the U.S. government has over 4.6 million active credit cards in circulation, processing a staggering 90 million transactions worth nearly $40 billion in Fiscal Year 2024 alone.
“The US government currently has ~4.6M active credit cards/accounts, which processed ~90M unique transactions for ~$40B of spend in FY24. DOGE is working w/ the agencies to simplify the program and reduce admin costs – we will report back in 1 week,” the account wrote.
(Excerpt) Read more at thegatewaypundit.com ...
City managers and their employees have been robbing us blind with credit cards for years...
My redneck-ish town has a pricey butcher shop. On EBT refill day it looks like an ant farm with a trail of people entering the store and leaving with paper sacks of freezer wrapped premium cuts of beef. After walking a block the beef is the sold for cash at about 50¢ on the $. The cash is then used for drugs.
The taxpayers fleeced, the druggie’s inevitable decay or death is hastened, and the price of beef is driven higher.
On the other hand you can buy beef cheap if you know who to ask.
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Nothing to get excited about. I deal with the DoD and when they make micro purchases ($10K or less) they can use a GPC credit card. Saves a ton of time and money without dealing with contracting.
Press Release: Audit of the DoD Government Travel Charge Card Program: The Visa IntelliLink Compliance Management System (DODIG-2025-060)
Inspector General Robert P. Storch announced today that the Department of Defense Office of Inspector General (DoD OIG) released the “Audit of the DoD Government Travel Charge Card Program: The Visa IntelliLink Compliance Management System.”
The DoD OIG found that the DoD’s Government Travel Charge Card (GTCC) program officials did not effectively use policies, procedures, or the Visa IntelliLink Compliance Management data mining system (VICM system) to identify misuse, abuse, or potential fraud. The Defense Travel Management Office’s (DTMO) implementation and management of the VICM system limited the system’s effectiveness in identifying and assisting reviewers in investigating high-risk GTCC transactions where misuse, abuse, and fraud were more likely. The DoD OIG found that DoD GTCC program officials did not review for misuse, abuse, or potential fraud:
> at least 11,000 transactions totaling over $500,000 made at casino ATMs, a mobile applications store, or bars and nightclubs during holidays or some sporting events.
> nearly 4 million transactions, totaling $1.2 billion, because the responsible officials did not have access to the VICMI.
“Until the Government Travel Charge Card program is compliant with regulations and the DoD implements an effective oversight process, there will be missed opportunities to identify and mitigate misuse, abuse, and potential fraud,” said IG Storch. “The DoD must take steps to ensure adherence to internal controls to be a good steward of taxpayer dollars.”
YUPPERS
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