In the #News #Economy #Politics - Adding Accountability Is Now The Enemy
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Adding Accountability Is Now The Enemy
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The Treasury Access Symbol (TAS) is an identification code linking a Treasury payment to a budget line item (standard financial process).
In the Federal Government, the TAS field was optional for ~$4.7 Trillion in payments and was often left blank, making traceability almost…
— Department of Government Efficiency (@DOGE) February 17, 2025
Previously, the Federal Government’s Treasury Access Symbol (TAS) field, which links a payment to a specific budget line, was optional. This applied to about $4.7 trillion in payments. Since it was often left blank, it was very difficult to trace where the money was actually going. Now that the TAS field is required, it will significantly improve the traceability and transparency of these payments.
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Source: http://www.edegrootinsights.com/2025/02/in-news-economy-politics-adding.html
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