"Musk: "Okay, so, you may think like the government computers all talk to each other, they synchronize, they add up what funds are going somewhere. And, that they're coherent ... And that the numbers that you're presented as a Senator are actually the real numbers."

Cruz: "One would think!"

Musk: "One would think - they're not ... I mean they're not totally wrong, but they're probably off by five percent or 10 percent in some cases. So, I call it 'Magic Money Computer': any computer that can make money out of thin air. That's magic money."

Cruz: "So how does that work?" Cruz asked.

Musk: "It just issues payments."

Cruz: "And you said there's something like 11 of these computers at Treasury that are sending out trillions in payments?"

Musk replied that they're mostly at the Department of Treasury, and others are at the Department of Health and Human Services as well as the Department of Defense.

Musk: "We've found now 14 'Magic Money Computers. They just send money out of nothing.""