Tip of the Hat to Winslow Wheeler
Phi Beta Iota: Across most if not all US Cabinet budget categories, it has been established by multiple independent audits that roughly 50% of every dollar in federal spending is fraud, waste, or abuse. This is as true of agriculture-food and energy as it is of defense and homeland “security.” Federal spending today mixes a complete lack of requirements analytics; industrial-era processes that are grossly ineffective; ideological and criminal misallocation of resources, and zero accountability.
See Also:
Winslow Wheeler, The Military Imbalance: How The U.S. Outspends The World, AOL Defense, 16 March 2012.
