Credit Card Update!
Pilot program across 14 civilian agencies to audit unused/unneeded “P-cards” (~700K accounts with ~$30B of spend in FY24).
After 8 days, ~24,000 cards have been de-activated, which will likely double by end of week.
Credit cards were also addressed in the President’s 2/26/2025 Executive Order:
whitehouse.gov/presidential-a
Will report back again next week.
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Department of Government Efficiency
@DOGE
The US government currently has ~4.6M active credit cards/accounts, which processed ~90M unique transactions for ~$40B of spend in FY24.
DOGE is working w/ the agencies to simplify the program and reduce admin costs - we will report back in 1 week.
smartpay.gsa.gov/about/statisti
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