Wednesday, August 6, 2014

How much is missing?

The Obama administration failed to properly account for how it spent nearly $619 billion, according to a watchdog audit of the main federal website meant to track where taxpayer money is going.
$619 billion is a good deal of spending!

To put it in context, that's roughly what we currently spend on the Department of Defense.


So, where did the money disappear from?
According to the GAO findings, funding for more than 300 programs was not reported correctly. HHS topped the list of scofflaws, failing to report or reporting late $543.8 billion worth of spending. Part of the reason the number was so high is the agency was not providing information about direct payments to individuals, like for the massive Medicaid program HHS administers.
Ah, HHS. The same department Obama requested most of the funds for his quick-action Immigration plan.  It's sad it's come to this, but it seems like we are stuffing the pockets of HHS, and their pants were full of holes.

Anywhere else?
The Department of Veterans Affairs was next on the list, with $64 billion in spending not properly accounted for.

Further, the report found few contracts and grants were properly reported with all the required information. The GAO found just 2-7 percent of the awards had information “fully consistent” with agencies’ own records.
The VA, once again, was run incompetently and procedures weren't followed.   This is just disgusting, and a good reason our Vets have not received the treatment they deserve.