Massive Pentagon agency lost track of hundreds of millions of dollars

 

Again, another version of the same story. A story that keeps coming up. Over and over. Some subset of the Pentagon has no idea where tens of millions, hundreds of millions, billions of dollars went. And yet, we are told that taxpayers should give the Pentagon more money.

Look, the military is asked to do too much. It does act as the “world’s police force.” And it shouldn’t have to. Its mission needs to be more limited and its budget needs to be reined in. The Pentagon is a place where just reining in “waste and abuse” (the favorite catchphrase of politicians who talk like they are for fiscal responsibility but really don’t want to address fundamental issues) COULD actually impact things. There’s that much waste and abuse.

First, get rid of 50% of the civilian employees.

(From Politico)

One of the Pentagon’s largest agencies can’t account for hundreds of millions of dollars’ worth of spending, a leading accounting firm says in an internal auditobtained by POLITICO that arrives just as President Donald Trump is proposing a boost in the military budget.

Ernst & Young found that the Defense Logistics Agency failed to properly document more than $800 million in construction projects, just one of a series of examples where it lacks a paper trail for millions of dollars in property and equipment. Across the board, its financial management is so weak that its leaders and oversight bodies have no reliable way to track the huge sums it’s responsible for, the firm warned in its initial audit of the massive Pentagon purchasing agent.

Conservatives, especially you folks who say you are for low taxes and limited government, it is important that you see this waste, not just this instance but the instance after instance of waste amounting to billions and billions of dollars, as the insult to the taxpayers that it is. It’s just careless. It’s our money.

Click here for the article.