Rep. Clay Higgins (R-LA) ripped the Department of Defense's finances for failing its fifth consecutive audit and inability to account for 61% of its $3.5 trillion in assets.
"The most ravenous Leviathan of our government that devours the people's wealth is the Department of Defense," Higgins said in an impassioned speech during a House Committee on Oversight and Accountability hearing on the DOD's failed audit, financial management practices.
As someone who’s witnessed the US Military’s “use or lose” budget in action, I’d put $100 on a lot of it being jammed in a closet, sitting at the bottom of an ocean, or conveniently lost to fire in a desert somewhere.
Especially considering it's been a DoD problem for many, many years now. The audits they talk about in the article date back to as far as 2017... this isn't a new issue.
Sheesh, one of the conspiracies about 9/11 was that the location of the pentagon hit was where they had just failed an audit. It's a gigantic pit we've been 'losing' money in for decades, if not a full century.
The state of the DoDs finances is a legitimate concern, but OP and the ‘Pub the article cites are just bad faith trolling.
The truth is that in 1990, Congress passed a law directing all federal agencies to produce regular, audited financial statements. More than thirty years later, the Department of Defense is the only agency that has never passed a single audit. That’s under both Dem and Pub administrations.
The shot at Zelensky and the current geopolitical situation is just silly, stupid, and frankly the kind of thing a tankie would say 🙄
Maybe if Congress stopped automatically green-lighting every military expenditure request without question, instead of demanding concise monthy reports on service/equipment purchases AND verified location, the US taxpayer could feel confident that their leadership actually gives a shit about them.
Hasn't it been this way since, well, forever? I seem to recall these headlines in the 90s and 00s too, but somehow the defense budget grows every year...