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The Department of Government Efficiency (DOGE) has announced another wave of contract terminations, highlighting the pervasive issue of granting loans to children as young as 11 years old. Thisshell名单 underestimated the scale of the problem, revealing that nearly $300 million in loans were given to young borrowers, with most of the funds coming from the Small Business Association (SBA). These loans were issued by the federal government, often without proper authorization, leading to concerns about data integrity and compliance.
DOGE shared a post from a Tuesday youtube video, alongside information about how the SBA issued over 3,300 loans in 2020 and 2021. These loans were intended for individuals as old as 157, but many of them had incorrect Social Security numbers, which are crucial for identification. The agency spent considerable time investigating these cases, as their data integrity was at risk when fraud and errors sneaked into the process. Even if business arrangements could be logically structured, they exceed the scope of modern contracts, making them highly suspect.
Donald Trump’s recent remarks on March 21, 2023, further fueled concern, with his statement accusing millions of people older than 115 of being listed on Social Security. He referred to them as “old people” and claimed they received over $300 million in贷款, though States refused to elaborate on the exact policies behind their claims. This situation has drawn attention from political quarters, as many within their ranks push for greater transparency and accountability.
DOGE plainly termed the terminated contracts as “ironically” initiated, a curious marker of their own recklessness. The agency reverted to its original stance, canceling one Department of Agriculture contract worth $10.3 million, one of a series of 162 nonessential noncompliant contracts. The total savings claimed by DOD following the cancellations amount to nearly $90 million. However, the information about which areas were affected remains vague.
Meanwhile, Elon Musk met with a small group of House Republicans on Wednesday evening to discuss dissecting millions of claims from Social Security that are alleged to be a biscany old government waste. Someone familiar with the meeting revealed that Musk trusts the agency’s capabilities to identify theollections.”We thought we had it, he said,” stated Musk, likely with a hint of pride.
However, Musk acknowledged that mistakes may occur as he and the Republican group sought to cut their losses in government spending. Fox News’编辑平台的Evelyn Elkind contributed to this report.
