200K Government Credit Cards Canceled! Trump & Musk's Federal Spending Crackdown

The Department of Government Efficiency (DOGE), led by White House advisor Elon Musk, has canceled over 200,000 federal credit cards following President Donald Trump’s executive order to cut government spending. With 4.6 million government-issued credit cards in circulation and 90 million transactions recorded in 2024, this decision marks a major shift in federal financial policies. But what does this mean for government agencies and employees? Reports suggest the freeze is already disrupting operations, from the FDA struggling to order lab supplies to the Department of Defense imposing a shocking $1 spending limit on travel expenses. Will these cuts bring efficiency, or will they cause more harm than good? Watch now and let us know your thoughts in the comments! 🔔 Subscribe for more breaking news and financial updates! 👍 Like & Share to spread the word! #Trump #ElonMusk #GovernmentSpending #FederalBudget #Politics #News #CreditCards #Finance #WhiteHouse #USA Tags: Trump, Elon Musk, government spending, federal budget, credit card freeze, government credit cards, DOGE, White House, executive order, federal agencies, spending cuts, financial policy, Trump administration, government efficiency, budget cuts, federal employees, Department of Defense, FDA, travel expenses, government reforms, politics, news, breaking news, USA, finance, economic policy