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Pentagon fails 7th audit in a row but says progress made
The Hill ^ | 11/15/24 | Brad Dress

Posted on 11/16/2024 11:04:57 AM PST by hardspunned

The Pentagon on Friday failed its seventh audit in a row, with the nation’s largest government agency still unable to fully account for its more than $824 billion budget, though officials stress they are making good progress toward a clean audit in 2028.

The Department of Defense technically earned a disclaimer of opinion, meaning it failed to provide sufficient information to auditors to form an accurate opinion.

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


TOPICS: Business/Economy; Foreign Affairs; Government; Politics/Elections; War on Terror
KEYWORDS: audit; bidendod; bidenusurpation; chat; obamalegacy; pentagon
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To: Soul of the South

At that salary level, we’re talking GS-13 auditors.


21 posted on 11/16/2024 11:54:50 AM PST by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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To: hardspunned
Then what?

He needs to assign a senor general (not eligible to retire for several years)to the task and empower him with the authority and resources he requires to make it happen.

Tell him at the outset if DOD fails the next audit he will receive a general discharge.

22 posted on 11/16/2024 11:56:57 AM PST by usurper (AI was born with a birth defect.)
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To: hardspunned

That’s not just Hegseth. Ramaswamy and Musk are going to help.


23 posted on 11/16/2024 12:13:35 PM PST by lucky american (Had enough yet?)
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To: Dutch Boy

I never saw it as rocket science. But the elements I had no view of...was the travel/temp duty budget and spending. Maybe that was a more reckless area.i spoke once to a navy guy managing an exercise budget....getting up into tens of millions over a month. That would have been stressful.


24 posted on 11/16/2024 12:19:42 PM PST by pepsionice
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To: hardspunned

“YAY. We only failed slightly less than usual.”
“YAY. Our policies are working. More people are on welfare than ever.”

Government maffs


25 posted on 11/16/2024 12:33:47 PM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: hardspunned

Relax. The eighth audit should do the trick.


26 posted on 11/16/2024 12:34:57 PM PST by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: hardspunned

It’s that “progress” BS that costs so much. Too much social engineering going on in the military.


27 posted on 11/16/2024 12:35:08 PM PST by FlingWingFlyer (It's great to hear the illegal aliens saying that Trump isn't their president. Easier to Deport!)
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To: hardspunned

Someone is stealing. Find and arrest them.


28 posted on 11/16/2024 1:00:24 PM PST by The Free Engineer
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To: hardspunned

He is going to clean house big time!!


29 posted on 11/16/2024 1:06:37 PM PST by DarthVader (Not by speeches & majority decisions will the great issues of the day be decided but by Blood & Iron)
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To: hardspunned

These audits will never be 100% accurate and there are many reasons why. Most of them are not sinister or entail theft or waste. For example - the military owns $100,000,000 (AMDF PRICE) of widgets that are old (legacy) but they have a way to convert these old widgets to new model fidgets. The military wants the fidgets but doesn’t really need the widgets anymore and new fidgets cost a lot to buy. Instead the military buys modification kits for the widgets that turns them into fidgets and sends them to a depot to be converted, that is a good use of taxpayer money. But if the AMDF PRICE of a fidget is less than a widget, an auditor will see a problem. Say the newer fidget’s AMDF PRICE is half of what the older widget was, now you took $100,000,000 worth of widgets and turned them into $50,000,000 of fidgets. You have the same total number of fidgets as you had widgets, and your old widgets are now up to spec fidgets but an auditor is going to think you lost $50,000,000 worth of stock along the way in addition to the cost of the Mod Kits you bought and the labor it cost to do the conversion.

In reality you extended the life of a weapon system and saved the taxpayer money by not buying new fidgets but on paper it looks like you’ve lost millions of dollars.


30 posted on 11/16/2024 1:14:22 PM PST by XRdsRev (Justice for Bernell Trammell, black Trump supporter, executed in the street in broad daylight 2020.)
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To: TheDon
THIS!

A simple way to solve the problem, just cut the budget by the amount not able to be accounted for each year.
31 posted on 11/16/2024 1:22:50 PM PST by The Spirit Of Allegiance (Public Employees: Honor Your Oaths! Defend the Constitution from Enemies--Foreign and Domestic!)
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To: hardspunned
Perhaps Hegseth can find the missing dough!


32 posted on 11/16/2024 1:29:59 PM PST by Dick Bachert
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To: hardspunned

Giving money and power to government is like giving whiskey and car keys to teenage boys -— P.J. O’Rourke


33 posted on 11/16/2024 1:30:50 PM PST by The Spirit Of Allegiance (Public Employees: Honor Your Oaths! Defend the Constitution from Enemies--Foreign and Domestic!)
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To: hardspunned

34 posted on 11/16/2024 1:45:33 PM PST by Dick Bachert
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To: TheDon

I like the way you think.


35 posted on 11/16/2024 1:49:33 PM PST by hardspunned (Look for the“Putin Stooge” libel, news from Ukraine you’ve gradually grown to trust over 30 months )
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To: Eleutheria5

They better bring Quint along too. It’ll be a real barn burner.


36 posted on 11/16/2024 1:51:41 PM PST by hardspunned (Look for the“Putin Stooge” libel, news from Ukraine you’ve gradually grown to trust over 30 months )
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To: hardspunned

But Quint’s a movie star now. Do you think he’ll have the time?


37 posted on 11/16/2024 1:58:52 PM PST by Eleutheria5 (Every Goliath has his David. Child in need of a CGM system. https://gofund.me/6452dbf1. )
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To: hardspunned

They “failed better” than the last six times ... DEI in action.


38 posted on 11/16/2024 2:11:00 PM PST by RetiredTexasVet (We used to be a Republic, we are now a Fascist Klepto-Thugocracy. until Jan 20, 2025)
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To: hardspunned

You need to reign in government regulations. That’s the main problem and then you need to stop the insanity of the acquisition process which is a complete disaster. Last but not least is build the product you need, not new ideas and requirements every 18 to 36 months based on personel turnover.

It’s easy to fix, it’s hard to make the change.


39 posted on 11/16/2024 2:43:35 PM PST by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: hardspunned

I have a feeling that Trump will get it done well before 2028.


40 posted on 11/16/2024 3:32:53 PM PST by Revel
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