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Pentagon Can't Account for $6.5 TRILLION [in spending]
Sputnik News ^ | 09 August 2016

Posted on 08/09/2016 5:46:39 PM PDT by Lorianne

Despite a 1996 law requiring all federal agencies to conduct regular spending audits, the Pentagon has so far failed to conduct a single one. While US lawmakers have pressed the DoD to comply by September of 2017, a new inspector general’s report indicates that meeting this deadline is highly unlikely.

Army and Defense Finance and Accounting Service Indianapolis personnel did not adequately support $2.8 trillion in third quarter adjustments and $6.5 trillion in year-end adjustments made to Army General Fund (AGF) data during FY 2015 financial statement compilation," the report reads.

In common language, the Pentagon has no idea how it spent nearly $7 trillion.

(Excerpt) Read more at sputniknews.com ...


TOPICS: Foreign Affairs; Government; Politics/Elections
KEYWORDS: audit; audits; bhodod; cultureofcorruption; defensespending; dod; military; pentagon; usmilitary
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1 posted on 08/09/2016 5:46:39 PM PDT by Lorianne
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To: Lorianne

How do you think all these people in Washington are getting rich !


2 posted on 08/09/2016 5:49:30 PM PDT by Newbomb Turk (Hey Newbomb, where's your brothers ElCamino ?)
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To: Lorianne

Obviously they need a better spreadsheet app


3 posted on 08/09/2016 5:50:43 PM PDT by floozy22 (Paul RINO Ryan 2016: "In the bag for The Hag")
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To: Lorianne

Josh Earnest replies: “It’s just a ‘rounding error’ nothing to see here! Sorry!”


4 posted on 08/09/2016 5:51:11 PM PDT by lee martell
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To: Lorianne

Now I know why they have to cut vet benefits. /s


5 posted on 08/09/2016 5:51:12 PM PDT by disndat
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To: Lorianne

what the ....? $6.5 Trillion? America is being looted and pillaged.


6 posted on 08/09/2016 5:51:38 PM PDT by RC one
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To: Lorianne

Check the Obama’s unmarked planes landing in Iran.


7 posted on 08/09/2016 5:52:02 PM PDT by Leo Carpathian (FReeeeepeesssssed)
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To: Lorianne

maybe they mean Rubles


8 posted on 08/09/2016 5:52:12 PM PDT by butlerweave
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To: Lorianne
In common language, the Pentagon has no idea how it spent nearly $7 trillion.

I have a theory of where it went...


9 posted on 08/09/2016 5:53:31 PM PDT by Talisker (One who commands, must obey.)
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To: Newbomb Turk

There will come a time when the slaves figure out who their masters are.


10 posted on 08/09/2016 5:53:32 PM PDT by longfellowsmuse (last of the living nomads)
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To: Lorianne

Does the Army even have a $6,500,000,000,000 budget?


11 posted on 08/09/2016 5:53:32 PM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: Lorianne

The FY 2016 base budget of $534.3 billion , is this right ?


12 posted on 08/09/2016 5:54:17 PM PDT by butlerweave
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To: blueunicorn6

Does the Army even have a $6,500,000,000,000 budget?

must be Rubles


13 posted on 08/09/2016 5:55:01 PM PDT by butlerweave
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To: blueunicorn6

That’s not an annual amount.

I believe that’s the amount unaccounted for since 1996.


14 posted on 08/09/2016 5:56:13 PM PDT by Maceman (Black Leftist Mobs don't matter.)
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To: Lorianne

I hope they didn’t blow it all on “sex change” operations.


15 posted on 08/09/2016 5:56:57 PM PDT by FlingWingFlyer (Let's Make Our Government and Founding Documents Great Again!)
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To: blueunicorn6

DOD.


16 posted on 08/09/2016 5:57:05 PM PDT by AFreeBird (BEST. ELECTION. EVER!)
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To: Leo Carpathian

It costs a lot of money to keep that time portal to Mars open so Obama can visit his little green pals.


17 posted on 08/09/2016 5:57:55 PM PDT by who_would_fardels_bear
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To: Lorianne

so that’s $6.5 trillion in Black Projects ?


18 posted on 08/09/2016 5:58:03 PM PDT by butlerweave
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To: Lorianne

Space based black ops?


19 posted on 08/09/2016 5:59:25 PM PDT by PhiloBedo (You gotta roll with the punches, and get with what's real.)
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To: Lorianne

You know those strange sounds, rumblings, coming from the ground in places like Wisconsin? Well that is the nuclear powered tunneling machine that is making the underground superhighway connecting the various Continuity of Government (COG) underground sites. It costs a lot of money to build and equip these facilities and none of it was actually appropriated by Congress.


20 posted on 08/09/2016 5:59:46 PM PDT by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR!e)
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