Treasury Secretary Scott Bessent attributed the high costs associated with contractors to a “boa constrictor” effect that hampers government efficiency. He criticized both consultants and the media for hindering necessary reforms that could reduce expenses and enhance privacy.
In a discussion with Senator Ted Cruz, Musk mentioned that 14 “magic money computers” within federal agencies create payments “out of thin air,” which could lead to budget misrepresentations amounting to trillions. He cautioned that these systems hinder lawmakers’ ability to fully grasp government spending.
