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» Pentagon is audited again, this time does surprisingly well
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post 1694496113 12-07-2023, 04:00 AM
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  1. ErnieMccracken
  1. ErnieMccracken
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Pentagon is audited again, this time does surprisingly well

Just kidding, they are "missing" about $2 trillion. Where do you think it went?

"In its most recent audit, the Pentagon was able to account for just half of its $3.8 trillion in assets (including equipment, facilities, etc). That means $1.9 trillion is unaccounted for — more than the entire budget Congress agreed to for the current fiscal year."






The Pentagon just failed its audit — again. For the sixth time in a row, the agency that accounts for half the money Congress approves each year can’t figure out what it did with all that money.

For a brief recap, the Pentagon has never passed an audit. Until 2018, it had never even completed one.

Since then, the Pentagon has done an audit every year and given itself a participation prize each time. Yet despite this year’s triumphant press release — titled “DOD Makes Incremental Progress Towards Clean Audit” — it has failed every time.

In its most recent audit, the Pentagon was able to account for just half of its $3.8 trillion in assets (including equipment, facilities, etc). That means $1.9 trillion is unaccounted for — more than the entire budget Congress agreed to for the current fiscal year.

No other federal agency could get away with this. There would be congressional hearings. There would be demands to remove agency leaders, or to defund those agencies. Every other major federal agency has passed an audit, proving that it knows where taxpayer dollars it is entrusted with are going.

Yet Congress is poised to approve another $840 billion for the Pentagon despite its failures.

In fact, by my count Congress has approved $3.9 trillion in Pentagon spending since the first failed audit in 2018. Tens of billions have gone through the Pentagon to fund wars in Afghanistan, Ukraine, and now Israel. Accountability for those “assets” — including weapons and equipment — is also in question.

At this point, lawmakers surely know those funds may never be accounted for. And year after year, half of the Pentagon budget goes to corporate weapons contractors and other corporations who profiteer from this lack of accountability.

There is an entity whose job it is to prevent this sort of abuse: Congress. With each failure at the Pentagon, Congress is failing, too. Every year that members of Congress vote to boost Pentagon spending with no strings attached, they choose to spend untold billions on weapons and war with no accountability.

Meanwhile, all those other agencies that have passed their audits could put those funds to much better use serving the public. Too many Americans are struggling to afford necessities like housing, heat, health care, and child care, and meanwhile our country is grappling with homelessness, the opioid epidemic, and increasingly common catastrophic weather events.

With another government shutdown debate looming in early 2024, you’ll hear lawmakers say we need to cut those already inadequate investments in working families. But if they’re worried about spending, they should start with the agency that has somehow lost track of nearly $2 trillion worth of publicly funded resources.
post 1694503503 12-07-2023, 07:17 AM
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#2
  1. JackyChin
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  1. JackyChin
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There's not necessarily anything nefarious going on. A lot of times when we're done with something like desks or chairs we will just throw them away. Nobody has time to put a dollar value on them and remove them from some spreadsheet god knows where.

Most of the waste I've seen has come from adding ever more restrictions on how people use money and spend their time. We've got Majors getting paid $100/hr to log travel receipts and take "how not to r@pe" training.

Very, very often we spend $1,000,000+ to train a pilot. Then we fly them once every 2 weeks and have them spend the other 9 days doing a job getting paid 6 figures to do a job which we could contract out for minimum wage. This is endemic throughout the force.
post 1694528883 12-07-2023, 03:54 PM
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#3
  1. ErnieMccracken
  1. ErnieMccracken
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Originally Posted By JackyChin
There's not necessarily anything nefarious going on. A lot of times when we're done with something like desks or chairs we will just throw them away. Nobody has time to put a dollar value on them and remove them from some spreadsheet god knows where.

Most of the waste I've seen has come from adding ever more restrictions on how people use money and spend their time. We've got Majors getting paid $100/hr to log travel receipts and take "how not to r@pe" training.

Very, very often we spend $1,000,000+ to train a pilot. Then we fly them once every 2 weeks and have them spend the other 9 days doing a job getting paid 6 figures to do a job which we could contract out for minimum wage. This is endemic throughout the force.
Office furniture seems like an easy way to misplace a couple trillion
post 1694529373 12-07-2023, 04:08 PM
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#4
  1. KINGFABIAN
  2. SHOTS FIRED!
  1. KINGFABIAN
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They should check the closets in Mar A Lago again.
Don't push me 'cause I'm close to the edge
I'm trying not to lose my head
It's like a jungle sometimes
It makes me wonder how I keep from goin' under…~ (Melvin Glover, better known by his stage name Melle Mel and Grandmaster Melle Mel, is an American hip hop recording artist who was the lead vocalist and songwriter of Grandmaster Flash and the Furious Five.)

Early AM workout crew.
post 1694529443 12-07-2023, 04:11 PM
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#5
  1. saltypits
  1. saltypits
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Originally Posted By JackyChin
There's not necessarily anything nefarious going on. A lot of times when we're done with something like desks or chairs we will just throw them away. Nobody has time to put a dollar value on them and remove them from some spreadsheet god knows where.

Most of the waste I've seen has come from adding ever more restrictions on how people use money and spend their time. We've got Majors getting paid $100/hr to log travel receipts and take "how not to r@pe" training.

Very, very often we spend $1,000,000+ to train a pilot. Then we fly them once every 2 weeks and have them spend the other 9 days doing a job getting paid 6 figures to do a job which we could contract out for minimum wage. This is endemic throughout the force.
I guess no one taught you what depreciation is.
post 1694529593 12-07-2023, 04:15 PM
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#6
  1. Itzblunted
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  1. Itzblunted
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You must be talking about someone else





I’m a fool on avion still know me on that liquor, approach me if you want to I will smoke you like a swisher.





All trademarks and intellectual property are the property of their respective owner. In this case, Jeezy and jcole.
post 1694530383 12-07-2023, 04:37 PM
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#7
  1. nn586
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  1. nn586
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that is unspeakably insane, the corrupt of this country knows no bounds

ofc nothing will happen, we will all continue to pay our taxes and have it spent stupidly asf to corrupt politicians pockets and countries outside the US without helping our own first
post 1694530453 12-07-2023, 04:38 PM
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#8
  1. Uhyeahokay
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We should have got into the military contract game.

post 1694530943 12-07-2023, 04:48 PM
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#9
  1. LargePeter
  2. Fuck off, Lahey!
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lmfao

Check someone check Zelenskyys pockets
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Papi Cholo
post 1694531003 12-07-2023, 04:49 PM
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  1. BrianDaMan
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Tipping is out of control.
post 1694531753 12-07-2023, 05:04 PM
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#11
  1. AlfBundy
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10% went to the "Big Guy"
post 1694531803 12-07-2023, 05:04 PM
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#12
  1. ErnieMccracken
  1. ErnieMccracken
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Originally Posted By Uhyeahokay
We should have got into the military contract game.
It's not too late. There's ALWAYS a war or two going on that needs taxpayer money. How long was it between the end of 20 years in Afghanistan and the start of Ukraine?
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