Elon Musk's Doge Wants Access to the Treasury's Payment Systems
rollingstone.com
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Basically, yes the debt issue is real, but this seems unrelated.
I'm probably being naive here, but if you were in charge of a new department in your company responsible for bringing much-needed fiscal austerity, wouldn't your first stop be at the account payable office?
There are other more nefarious potential interpretations for why they want access, and I know it's entertaining to s**t on billionaires, but Occam's razor would say this is the obvious place to start looking when you want to cut federal spend.
Get access to the data, scrutinize it, and understand where tf $6 trillion dollars are going to. Trust, but verify. We know the topline [1] -- social security, national defense, medicare/health, etc -- but at this scale, the devil is in the details. Even a rounding error would be worth billions of dollars in savings.
[1] https://fiscaldata.treasury.gov/americas-finance-guide/feder...
This is the point where you have made mistake in your assumption. Democratic countries are not private companies. (But even in your metaphor: this unelected individual is performing hostile take-over.)