A federal review of government spending has led to the recovery of $1.9 billion that was misplaced during the Biden administration. The Department of Government Efficiency (DOGE), led by Elon Musk, discovered the missing funds within the Department of Housing and Urban Development (HUD), working with newly appointed HUD Secretary Scott Turner to track down and reallocate the money.
According to DOGE, the funds had been set aside for financial services but were never used. Due to inefficiencies in the process, the money had gone unaccounted for until DOGE’s team flagged the discrepancy. Turner worked with DOGE to release the funds, making them available for use by the U.S. Treasury.
BREAKING: DOGE recovers nearly $2 BILLION ‘misplaced’ by Biden’s HUD.
How do you “misplace” $1.9 billion? pic.twitter.com/SZ0XS440vF
— Libs of TikTok (@libsoftiktok) February 16, 2025
Turner recently launched an internal HUD task force to scrutinize spending within the department. He emphasized the importance of ensuring every tax dollar is properly allocated and used as intended. “We will be very detailed and deliberate about every dollar spent in serving tribal, rural, and urban communities across America,” he stated.
The discovery comes as DOGE continues to uncover financial mismanagement in various federal agencies. Turner revealed that his department had already identified $260 million in additional savings prior to finding the misplaced funds. DOGE has also been involved in reviewing spending within the Environmental Protection Agency, where a $50 million Biden-era grant was canceled.
Musk, who has championed the mission of eliminating government waste, noted that even minimal oversight can lead to significant taxpayer savings. He shared details about the financial contracts connected to the misplaced HUD funds, highlighting the need for stricter budgetary controls.
🚨💥Check this out! 👇👇
$1.9 billion of HUD money was just recovered after being misplaced during the Biden Administration due to a broken process! I am suspicious! Are you? 🤔🤔 pic.twitter.com/9yNXNwcUJe— LynneP (@LynneBP_294) February 15, 2025
HUD officials have indicated that further audits are underway as the department works with DOGE to ensure no additional taxpayer dollars have been lost.
