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Feds Spent $40 Billion on 4.6 Million Credit Cards in FY2024

The Department of Government Efficiency (DOGE) is working to “simplify” the federal government's credit card program, which spent nearly $40 billion in 2024. ”

The US government currently has around 4.6 million “active credit cards/accounts” that spent $39.7 billion in transactions over $90 million in last fiscal year, Doge reported Tuesday.

“Doge works with agents to simplify the program and reduce administrative costs. We'll report in a week,” the department led by Tech Mogul Elon Musk said in X.

The General Services Administration (GSA) SmartPay credit system has seen a dramatic surge in total transactions over the past few years, with billions of dollars increasing in the total amount spent on cards. Statistics Report show.

The total for 2022 was $32.8 billion, marking a jump of nearly $7 billion in just two years. The figures for 201022 were spent on roughly 78.5 million transactions compared to over 90 million in 2024.

Watch – Trump is considering giving Americans 20% of their savings.

GSA SmartPay “provides payment solution services to over 250 federal agencies/organizations and Native American tribal governments” and the program Website situation.

Among the top spenders are the US Department of Defense (DOD) and the US Veterans Affairs Agency (VA).

Recent DOD Inspector Report Issued last month revealed that the military's Government Travel Rate Card (GTCC) program “effectively” did not “identify misuse, abuse, or potential fraud” according to protocols .

The audit found an astounding 12% of government-issued credit card purchases “may have violated the Pentagon's spending policy in 2023.” Nightclubs during holidays and sporting events.

“The opportunity to identify and mitigate misuse, abuse and potential fraud will be missed until the government's travel rate card program complies with regulations and DOD implements an effective monitoring process,” he said. Inspector General Robert Stouch said. Dismissal By President Donald Trump a few days later. “DOD needs to take steps to make compliance with internal controls a good manager of taxpayer dollars.”

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