Posted on 11/17/2023 5:38:29 AM PST by MrRelevant
Federal law since the early 1990s requires mandatory audits for all government agencies. The Pentagon didn’t begin auditing itself until 2018 and has only had incremental improvement yearly.
This time around, 1,600 auditors combed through DOD’s $3.8 trillion in assets and $4 trillion in liabilities, conducting some 700 site visits. They found that half of DOD’s assets can’t be accounted for.
(Excerpt) Read more at thehill.com ...
Sold to our enemies via the State Dept., no doubt.
When I was a lowly A1C in the Air Force, I had to account for every single resistor, fuse, or transistor used.
That's because they aren't looking. If the IRS wants to find something on US, they will find it.
And as usual no one will be held accountable.
Waste and abuse is much more prevalent.
At least they’re consistent at something.
Audit schmaudit…we got wars to fight! Get out of our way!!
Has ANY of them EVER passed..?
There have been audits of the DOD prior to 2018. Not many people remember them.
Like, there was that one from September of 2001. It's kind of foggy, but some guy told us the results. I seem to recall that the next day some people did some things, taking over the news, thus obliterating the memory of that audit.
Didn’t they just find 3 billion for Ukraine this summer?
The USAF has been hammering on fraud, waste and abuse since I was a lieutenant in 1985. It appears it’s only gotten worse.
Colonel, USAF JAGC (Ret)
Sounds a bit like The Ohio department of education.. Where did all those billions go.? Most likely to Ukraine.. (?)
The DoD wastes massive amounts of money. You could cut the budget by 25% and still get the same output if you had smart business people managing the funds.
They just need a budget increase - that’ll fix it!
A guy I know was involved in the crash investigation of a military transport. It was, and probably still is, standard procedure to say that stuff they can’t find in the inventory was in the crashed plane. Therefore, it can be written off the books as it has been “accounted” for. At a meeting he announced he had positively determined the cause of the crash. He said, “I have here a list of all the items on board at the time of the crash with their weight in the adjacent column. As you can see, the weight of the cargo was four times the carrying weight of the plane.” He said the look on the commander’s face was pure thunder and he suffered the lightning after the meeting. But the amount of material “written off” was reduced to the carrying capacity of the plane.
Having been involved in military procurement for thirty years I can attest to how easily stuff gets “lost” even though it is not really lost. An item might be part of a larger item so the people who installed it didn’t know to account for it. Quite frequently the people at the bottom of the pile who are doing the work are being pressed and told things like, just get it working and catch up the paperwork later. But the next item on their to-do list is equally important so they never get to the paperwork. When problems like this occur it’s the fault of top-level pressure, not theft or conversion. Therefore, the books continue to call out this smaller item long after the larger item has been written off due to old age or crash or whatever. That’s just one of hundreds of ways something can disappear without any fraud or theft. The actual amount of fraud or theft is probably pretty small.
Once upon a time I worked for a government agency as a supervisor where I was held accountable for certain assets and had to sign for them. It was literally impossible for it was allowable for just about anyone to use or dispose of these assets without my knowledge. This was all done by people higher up on the ladder.
Now go to a grander scale with the DoD, and accountability is a nightmare.
I recall as a young Army recruit supply had a DX system - Direct Exchange. You need a light bulb for your room, fine, just bring in the burnt out one and get a new one free. Lose a tool or a gas mask, then you pay for it. Such accountability was on the larger scale also. Today there is practically no accountability at all.
P
We don’t have a government now we have a endless let’s make a deal event.
Xi much happy
Next year, for sure.
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