Pentagon’s Sloppy Bookkeeping Means $6.5 Trillion Can’t Pass an Audit

[wildbilln864]

The Defense Department over the years has been notorious for its lax accounting practices. The Pentagon has never completed an audit of how they actually spend the trillions of dollars on wars, equipment, personnel, housing, healthcare and procurements.

An increasingly impatient Congress has demanded that the Army achieve “audit readiness” for the first time by Sept. 30, 2017, so that lawmakers can get a better handle on military spending. But Pentagon watchdogs think that may be mission impossible, and for good reason.

http://www.thefiscaltimes.com/2016/07/31/Pentagon-s-Sloppy-Bookkeeping-Means-65-Trillion-Can-t-Pass-Audit

[yortsed snacilbuper]

1. A trillion here, A trillion there,

pretty soon you're getting into big money!

[uponit7771]

2. +1

[LuvNewcastle]

3. The last time something like that happened.....

Oh, never mind.