Copyrighted Image? DMCA | The U.S. military is good at fighting wars, but it sucks at managing money. Partly because of its convoluted bookkeeping systems, $8.5 trillion--yes, trillion--taxpayer dollars doled out by Congress since 1996 has never been accounted for.
That was also the first year that Congress passed a law requiring the Defense Department to be audited, which it has failed to do. In 2009, Congress passed another law requiring the DOD to be audit-ready by 2017. After spending--no wasting--billions on failed accounting software, the department is likely to miss that deadline, too. |
Read the rest of the story HERE:
At www.thefiscaltimes.com
At www.thefiscaltimes.com
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