An audit refers to an official financial examination, to which every person, corporation, and government organization in the United States is subject. To be exempt from an audit or to not be audited on an annual basis is practically unheard of, even if a business makes a small amount of money. So, why doesn’t the Pentagon, the headquarters for the United States Department of Defense — which accounts for 54% of the U.S. government discretionary spending — get audited?
To be clear, this is illegal. Legislation that was passed in the early 90s states that all government agencies must be audited on an annual basis. The Pentagon has not been audited for the past 20 years, yet there have been no legal consequences. Instead, the U.S. government awards the Department of Defense with billions of dollars annually. Why does the Pentagon get special treatment from the U.S. government and what exactly is it hiding?
WHY THE PENTAGON IS LONG OVERDUE FOR AN AUDIT
If you can believe it, the Pentagon has never been audited, despite the fact that it receives the greatest amount of funding from the U.S. government. As a result, an astounding $10 trillion in tax payer money has gone completely unaccounted for since 1996.
“Over the last 20 years, the Pentagon has broken every promise to Congress about when an audit would be completed,” the director of the Audit the Pentagon coalition, Rafael DeGennaro, explained. “Meanwhile, Congress has more than doubled the Pentagon’s budget.”
Not only has the Pentagon’s budget increased year after year, but it will continue to do so without question, despite the fact that tons of this money is wasted or unaccounted for. In fact, just last week President Donald Trump released the preliminary budget proposal, outlining a $52 billion rise in military spending.
This seems strange, especially after the Washington Post exposed just last year that the Pentagon buried a report that proved they wasted $125 billion. The Pentagon tried to hide this internal study out of fear that the U.S. government would decrease its budget, making it more than a little ironic that the Trump administration chose to increase it instead. You can read about this in our CE article here.
Article source link : http://www.blacklistednews.com/The_Pentagon_Has_Never_Been_Audited_%26_Trillions_Of_Dollars_Are_Unaccounted_For._Where_Has_It_Gone%3F/57727/0/38/38/Y/M.html