Americans are constantly concerned when they hear the word ‘billion’ in connection to government spending. Furthermore, they ought to be, considering that all that cash originates from their well-deserved tax dollars. Thus, when the Pentagon reported that it would accomplish something that has never been done, and it would take $1 billion to do it, obviously Americans will indicate genuine concern.
Particularly when it’s something that has been expected of the Department of Defense by government law since the 1990s, yet has never been finished.
Leave it to President Trump to at long last get the Pentagon to fall in line. The DoD has consented to experience a full monetary review interestingly.
Also, just to be clear, the DoD has been around since 1949, yet came as an outgrowth of the National Security Act of 1947. Along these lines, that is 70 years of no money related responsibility people.
“The most shocking thing about being in Congress that there has never been a comprehensive audit of the DoD,” said Rep. Salud Carbajal, D-Calif., who is a freshman member of the committee.“I think if we don’t get it together, we are going to lose the American people’s trust in what we are trying to do here.”
House lawmakers on Wednesday applauded the Pentagon’s effort to finally undergo a full audit, even though Defense Department Comptroller David Norquist said the effort could lead to almost $1 billion in costs this year.
Obviously, the review itself doesn’t cost $1 billion, yet the review and the cash it will take to settle every one of the issues found by the review will.
Those costs include $367 million on the actual audit process that was announced and launched by Norquist last month. He also said the military expects to pay $551 million to fix the problems uncovered by the audit.
Norquist, the brother of tenacious tax activist Grover Norquist, was appointed by President Trump in May and vowed a get-tough approach to finally putting the military’s financial books in order after years of delays.
The Pentagon has about $2.4 trillion in assets but has never gone through a full financial audit.
That is insane. The Pentagon has $2.4 trillion in resources, that is trillion with a ‘t’, and they have never experienced a full money related review.
I would concur that Rep. Salud Carbajal is right to state that the legislature could totally lose Americans trust over this. Everybody must ponder exactly how much waste the DoD has been escaping with for seven decades.
Thank goodness President Trump is in office to set things straight and to earn back the trust of the general population.
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Thank you for reading.