Pentagon Can’t Pass Multi-Trillion Dollar Audit Because of Poor Bookkeeping

Ash Carter AL

Here’s further proof that government spending is completely out of control. Shouldn’t the Pentagon be able to pass a basic audit? No one seems to be in charge.

Legal Insurrection reported:

Pentagon Cannot Pass a $6.5 TRILLION Audit Due to Horrible Bookkeeping

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The Department of Defense inspector general found that the Pentagon cannot maintain proper bookkeeping on expenses, which means they have not audited $6.5 TRILLION they spent on wars, equipment, etc. Lorin Venable, the assistant inspector general wrote:

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 yearend adjustments made to the Army General Fund data during FY2015 financial statement compilation. We conducted this audit in accordance with generlly accepted government auditing standards.

$6.5 TRILLION in ONE year. Could you imagine what the IRS would do to a private company if they did this? How about an average American?

That’s a little disturbing, isn’t it?

 

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