Posted on 01/04/2025 6:45:42 AM PST by MtnClimber
DOGE has a lot to tackle.
The Obama/Biden administration has been a disaster.
“”DOGE has a lot to tackle.””
Where to start? So many agencies to choose from.
The money situation in this country could be very, very different. Government sucks it all up, “loses it” and then spends it in very bad ways. With any luck, government is about to get a heck of a lot more honest and efficient.
WHEN do we get to see this? In other words a Financial Statement - P&L - of what the feds do to us. I don’t recall ever seeing one.
Financial Report of the United States Government
The Financial Report of the United States Government (Financial Report) provides the President, Congress, and the American people with a comprehensive view of the federal government’s finances, i.e., its financial position and condition, revenues and costs, assets and liabilities, and other obligations and commitments. The Financial Report also discusses important financial issues and significant conditions that may affect future operations, including the need to achieve fiscal sustainability over the medium and long term.
The Department of the Treasury, in coordination with the Office of Management and Budget (OMB), prepares the Financial Report, which includes the financial statements for the U.S. Government. The Government Accountability Office (GAO) is required to audit these statements. The Financial Report is compiled primarily from individual federal agencies’ audited financial statements and related information included in the agencies’ financial reports. Inspectors General are generally responsible for annually auditing the financial statements for their respective agencies. The agency and governmentwide financial statements are generally required to be prepared in conformity with U.S. Generally Accepted Accounting Principles (GAAP) as promulgated by the Federal Accounting Standards Advisory Board (FASAB).
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While Congress’s attempts to crack down on improper payments have been all bark and no bite.
Another a dog and pony show in action.
“”Inspectors General are generally responsible for annually auditing the financial statements for their respective agencies.””
Excerpt from my prior post - this is what’s wrong - well, ONE of the many things that are wrong. ANNUAL AUDIT by IG’s...They have always been a day late and a dollar short - Always closing the barn door after the horse has been stolen. How about AUDIT as you go? Catch it as it’s happening?
Kind of like having an employee stealing from a business - you know it, watch it for 12 months, let it continue and then FIRE THEM or prosecute them for theft! That’s all the IG’s do in any of the agencies.
I say IG’s are a total waste of our money!!!! I have said often - USELESS!
Under Zero, I happened to notice that the required refugee reports to Congress stopped cold.. We. Know why now, don't we.
“”let it continue and then FIRE THEM or prosecute them for theft!””
Forgot - OR WRITE A REPORT ABOUT IT....One thing we do know - IG’s do know how to write reports!
Eenie meenie miney mo.
The biggie is the unknown ones. Bet Jill has lined up a bunch for the Biden Mob to continue getting $$$$ funneled into her purse.
Sorry - had to look up SAR....why we love the internet. Where do you find the refugee reports - WH website or ???
I have no clue who would or could track Biden offshore accounts...Perhaps it will be done after 1/20/25..will have the right guys on the job!!!
improper payments — which are payments made to the wrong people or in the wrong amount
The ORR
They’re now backfilled I see. Made up numbers.
I came across the lack thereof in, oh, 2010 or so.
https://www.acf.hhs.gov/sites/default/files/documents/orr/orr-arc-fy2021.pdf
“”then they bankrupt seniors when they’re old and need medical care””
Can you explain what you mean by that? WHO bankrupts seniors?
I know the feds pay insurance companies who offer Medicare Advantage $$$ per insured but where do you get the $100,000 from? I’ve heard/read figures but nothing like that.
At some point, without endless regime change wars, “improper payments”, “proper payments” (ridiculous spending), bailouts, etc...wouldn’t we experience significant deflation?
If we are only experiencing 3%-8% inflation WITH all of that ridiculous spending, imagine how much less it would be if we ran a tight fiscal ship.
Maybe the reason the Republican are so quick to vote for Continuing Resolutions, war funding, bailouts, etc... is because they fear the short term implications of deflation.
“improper payments”. Maybe that’s why I didn’t get paid, I was unwilling to do the improper or unusual.
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