So they're finally going to audit the Pentagon, finally. The Pentagon had been the only federal department exempt from an audit and the reasons are becoming obvious,
"Earlier this year, a Michigan State University economist, working with graduate students and a former government official, found $21 trillion in unauthorized spending in the departments of Defense and Housing and Urban Development for the years 1998-2015."
The work was done by Mark Skidmore who got interested because of, well, I'll quote the article again,
"Skidmore got involved last spring when he heard Catherine Austin Fitts, former assistant secretary of Housing and Urban Development, refer to a report which indicated the Army had $6.5 trillion in unsupported adjustments, or spending, in fiscal 2015. Given the Army’s $122 billion budget, that meant unsupported adjustments were 54 times spending authorized by Congress. Typically, such adjustments in public budgets are only a small fraction of authorized spending."
It reminds me of back in 2001 when Donald Rumsfeld admitted the Pentagon "cannot track $2.3 trillion in transactions."
Memo to hawkish fiscal conservatives: The military is just as bloated and inefficient as any other government agency.
"Every day is a new life to the wise man."
The Righteous Mind
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