Elon Musk Uncovers “Magic Money 14” Computers Fueling Federal Spending Scandal

DOGE Audit Exposes Unchecked Government Payment Systems

Elon Musk, in his capacity as head of the Department of Government Efficiency (DOGE), has raised serious alarms over what he describes as a major failure in federal financial oversight. Speaking on Senator Ted Cruz’s Verdict podcast, Musk revealed the existence of 14 so-called “magic money computers” within key federal agencies, including the Departments of Treasury, Defense, State, and Health and Human Services. These computers allegedly possess blank-check authority, allowing them to issue payments without proper tracking or accountability.

Musk criticized the common assumption that government financial systems are well-integrated and accurate, stating instead that they are incoherent and prone to abuse. He warned that these systems can essentially “create money out of thin air,” describing them in a post on X as “maybe the biggest scam of all time.” The lack of transparency and oversight in these systems suggests serious inefficiencies and potential misuse of taxpayer funds. Senator Mike Lee humorously questioned whether such a computer could be found on eBay, emphasizing the absurdity of the situation and the urgent need for reform.

• Read Also: How the rise of reusable rockets is playing a crucial role in renewable energy.

Reform Push Gains Momentum After $1.7 Billion in Wasteful Spending Cut

Watch on X (Twitter) for the full video.

In response to these alarming discoveries, DOGE has already begun taking action. The department recently canceled 239 federal contracts it deemed wasteful or unnecessary, estimating a total savings of up to $1.7 billion. Among the defunded projects were a $699,000 study on cannabis use among “sexual minority gender-diverse individuals” and a $740,000 research project on social networks among Black and Latino sexual minority men in New Jersey.

These cuts represent the early fruits of DOGE’s broader mission to streamline federal spending and increase fiscal accountability. Musk’s audit findings have amplified calls for financial reform, especially among lawmakers concerned about unchecked government spending. Senator Cruz expressed alarm at the revelations, supporting efforts to enhance oversight. DOGE’s work highlights the urgent need for systemic reform and the modernization of federal financial infrastructure to ensure responsible, transparent use of public funds.

• Read more about Elon Musk: https://www.forbes.com/profile/elon-musk/