Quote:
Originally Posted by dyna mo
while i'm not defending the military, i think what the article is stating is that since 1996, the defense dept has spent $8.5 trillion total dollars and the accounting for that total sum is not audit ready.
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The article says.....
"Audits of all federal agencies were mandated by law beginning in 1996, but the Pentagon is unique in never having complied. In almost 20 years, the Pentagon has never accounted for trillions it spent, in part because ?plugging??fudging the numbers?is standard operating procedure."
I translate this not as "the Pentagon doesn't know what it's spent since 1996" but instead that the Pentagon hasn't filed an audit since then. Of course, saying the "Pentagon doesn't know how it spent $8 trillion" is a much more interesting headline than "Pentagon misses filing deadline".
So of course someone will have to step up and demand we do an audit will will.... require a staff of thousands and most likely take a decade to complete and.... Cost... hundreds of millions.
Good job USA.