Trump says US may have less debt than thought because of fraud

Donald Trump stated that the United States may have less debt than previously thought, suggesting potential fraud related to debt payments. The U.S. Treasury reports a public debt of $36.2 trillion, which is significant in the global financial system.

Trump has assigned Elon Musk’s efficiency team to identify fraud and wasteful spending in the federal government, causing disruptions in several agencies. A federal judge temporarily blocked Musk’s team from accessing certain government systems due to privacy concerns, leading to new payment protocols.