Audit Reveals the Pentagon Doesn’t Know Where $6.5 Trillion Dollars Has Gone
The accounting errors and manipulated numbers, though obviously problems in their own right, highlight a far greater problem for the Defense Department than only bad recording keeping and wasteful spending habits. In reality, they are a representation of the poor decision-making, and lack of oversight and accountability that plague our nation’s government as a whole.
DoD IG Audit Report
The Office of the Assistant Secretary of the Army (Financial Management & Comptroller) (OASA[FM&C]) and the Defense Finance and Accounting Service Indianapolis (DFAS Indianapolis) did not adequately support $2.8 trillion in third quarter journal voucher (JV) adjustments and $6.5 trillion in year-end JV adjustments.
300 Million Talons…
This Trend Tells You Everything You Need To Know About America’s Future
Last week the government published over 2,000 pages of new rules, many of which border on absurdity.
To give you an idea, USDA’s Agricultural Marketing Service proposed a rule about minimum and maximum diameters of potatoes that are sold in the State of Colorado.
Yes I’m serious.
This is the sort of madness that government bureaucrats churn out on a daily basis: more rules, more licenses.
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PDF (15 Slides): MC&G Brief 2013
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