Shouldn't an oversight group have read access to the Government's accounts payable data? Congress ought to have that data. For any recipient over $1 million, it ought to be public.
This is what has been unclear so far. What kind of access is the DOGE seeking? Read access seems within the scope of their "mandate" to audit spending. But if they are going to insert themselves into the process or start blocking payments, that's much more concerning.
> Despite these profits, crypto has brought El Salvador more costs than benefits. The free publicity has been welcome, yet crypto-investment and crypto-tourism have been small beer. Gains in financial inclusion and from more efficient payments are meagre at best: the currency never really caught on. In 2022, when the hype was at its peak, a survey by CID-Gallup found that only a fifth of firms accepted bitcoin and just 5% of tax payments were in crypto.
> Moreover, the policy cost $375m in all—from the Chivo rollout, subsidised transaction fees, bitcoin ATMs and more—according to Moody’s, a rating agency. That far exceeds the profits on bitcoin holdings, which could still evaporate. By delaying an IMF deal, the crypto experiment kept El Salvador’s risk premium high.