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GAO: Pentagon’s Finances Are a Mess
Washington Free Beacon, by Staff

Original Article

Posted By:Pluperfect, 5/14/2014 5:24:47 AM

The Pentagon has roughly $7.2 billion in excess equipment, gave out more than $1 billion in improper payments, and wasted billions on a system for the Air Force to account for its inventory, according to the Government Accountability Office (GAO). According to a GAO report released Tuesday, the Department of Defense (DOD) faces “serious and continuing deficiencies,” including the inability to account for their total assets. “Long-standing weaknesses in the Department of Defense’s (DOD) financial management adversely affect the economy, efficiency, and effectiveness of its operations,” the report said. Highlights from the report included: Data from the end of fiscal year 2009 showed that

      


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Reply 1 - Posted by: Spidey, 5/14/2014 6:18:08 AM     (No. 9847840)

GAO officials are the only adults in the Obama administration.If you read their reports and acted on them,you could cut the deficit in half without breaking a sweat..The problem is the crooks in DC have convinced American zombies every dime is needed or the starving people will line the streets. Forget they already are even with the massive spending.

Why doesn´t MO have a hash tag for homeless kids in NYC?

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Reply 2 - Posted by: strike3, 5/14/2014 7:24:33 AM     (No. 9847904)

A private corporation in this condition would be skewered by the IRS and audited until the sun goes supernova. Incompetence can not be removed from government at any level when the rules are not the same.

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Reply 3 - Posted by: god of irony, 5/14/2014 7:52:35 AM     (No. 9847931)

Let me put this in perspective. I have to deal with Army finance as part of my job.

First of all we are not a corporation. Our job is too destroy the enemy. If we are going to do that well then we have to be big and cumbersome and not streamlined for profit.

Second, DOD is aware of this problem and have already taken major steps to make things better. We recently have deployed enterprise platforms to better track finance, logistics and real property in real time.

Third, There is a DOD wide audit coming up in a a few years and we have been working to standardize our business practices.

Fourth, Because of uninformed outrage by auditors, media, congressional blowhards and armchair generals, the amount of time, effort and money we spend on micro-managing is extremely burdesome, time consuming and expensive. For example,a soldier needing one pen must depend with his supply sergeant, a credit card holder, credit card holder supervisor, credit card trainer, 4 levels of credit card program managers, auditors from local level to OMB.

Lastly, keep in mind the main focus of a government auditor is t find problems to make themselves look good.

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Reply 4 - Posted by: GO3, 5/14/2014 8:36:12 AM     (No. 9847980)

Call CGI. They´ll get it straightened out.

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Reply 5 - Posted by: FLCracker, 5/14/2014 8:52:35 AM     (No. 9848004)

First, what #3 said.

Second, I´d like to see this sort of report done on other governmental entities, not just the DOD. How about BLM or EPA for a change?

Third, I´d also like to see a breakdown between the different services on this. Army is the largest service, so it gets most of the blame. However, I believe this is based on sheer quantity, no so much bad practices - unlike other, smaller services with more expensive toys.

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Reply 6 - Posted by: periwinkel, 5/14/2014 9:19:29 AM     (No. 9848039)

Bradley/Chelsea Manning has been granted his "right" to become a woman. The Pentagon is working as we speak to transfer Brad/Chelsea to a Federal Prison for treatment.

My question is this, "Who pays?" and isn´t this part of the problem? The Pentagon seems to find itself involved in all sorts of extraneous activities not related in the slightest to waging war.

Article here: http://www.dallasnews.com/news/local-news/20140513-pentagon-oks-chelsea-manning-transfer-for-gender-treatment.ece

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Reply 7 - Posted by: fritzilou, 5/14/2014 11:52:00 AM     (No. 9848327)

In my humble opinion, there is not an entity of the federal government that is run efficiently and with a positive purpose. The money is requisitioned and the bureaucrats spend the years allotment until it is gone; they then ask for more money for the next year and they get it. There has never been any real accountability. Will there ever be accountability? God only knows.

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