Part 7/11:
One of Musk’s most revolutionary proposals is establishing a single, robust bank account—the Treasury’s General Account—that manages all federal payments. Historically, the government lacked basic verification, leading to untraceable billions in spending. A recent change now requires payment codes and explanations for every transaction, marking a significant step in ending unchecked expenditures.
He predicts that once these measures are in place, America could finally achieve solvency, ensuring critical programs like Social Security and Medicare are secure and functioning efficiently.