bs2Mar 19, 2024
Five Audits Failed in a row:
> .. the Pentagon only managed to account for 39 percent of its $3.5 trillion in assets...
> the fact that DoD made almost no progress in this year’s bookkeeping: Of the 27 areas investigated, only seven earned a clean bill of financial health.. “basically the same picture as last year.”
https://responsiblestatecraft.org/2022/11/22/why-cant-the-dod-get-its-financial-house-in-order/
#ConnorEchols #MikeMcCord #DoD #PentagonBudget #PentagonAudit
The Pentagon fails its fifth audit in a row

If the Defense Department can't get its books straight, how can it be trusted with a budget of more than $800 billion per year?

Responsible Statecraft
Show threadCory DoctorowJul 15, 2023

Monopolists are shifting more and more value from suppliers and customers to their shareholders every day. And when the customer is the government, the depravity knows no bounds. In *#ResponsibleStatecraft*, #ConnorEchols describes how military contractors like #Boeing are able to bill the #Pentagon $52,000 for a *trash can*:

https://responsiblestatecraft.org/2023/06/20/the-pentagons-52000-trash-can/

45/

The Pentagon’s $52,000 trash can

With military spending at record highs, many contractors have hiked the cost of relatively simple items. (Video)

Responsible Statecraft