American billionaire Elon Musk has reacted to the Department of Government Efficiency’s announcement that it has successfully deactivated 470,000 unused and unneeded credit cards in the United States.
On Wednesday, DOGE shared an updated statement on its X account, revealing that the audit of unused or unnecessary credit cards had been expanded to 30 agencies across the US.
The aim of this move is to control waste and fraud in government spending.
The agency emphasized that when it first began auditing unused credit cards, there were a total of 4.6 million cards in circulation, and more work was still required to address the issue.
“The programme to audit unused/unneeded credit cards has been expanded to 30 agencies. After 7 weeks, 470k cards have been deactivated,” DOGE tweeted.
Musk, who currently leads DOGE, responded to the development, calling it “crazy.”
He pointed out that there are now more active credit cards in circulation than there are government employees in the US.
“Twice as many credit cards are issued and are more active than the total number of government employees! Crazy,” Musk tweeted.
DOGE, under the mandate of US President Donald Trump, has been working on audits across federal agencies to reduce waste and prevent fraud.
Earlier in March, DOGE claimed it had saved $115 billion through various cuts, including reductions within the US Agency for International Development.
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