Rep Jared Moskowitz: Over $2.5 Trillion missing at the Pentagon

I wonder how much has been spirited away to Israel over the years? I’m pretty sure that their “secret” 400 warhead nuclear arsenal came courtesy of the US taxpayers.

Rep Jared Moskowitz Claims There Is Over $2.5 Trillion ‘Missing In The Pentagon’

intercst

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This conflicts with Bernie, who said we needed to do the first audit of the Pentagon. Which is it? Is he running for office?

Interesting…fools taking fools at large for out of the loop. Purposely.

Yes, the Pentagon (Department of Defense) conducts cost-benefit analyses, primarily through the Office of Cost Assessment and Program Evaluation (CAPE) and for major acquisition programs to determine budget, feasibility, and efficiency. These studies are required for auditing, weapon system acquisition, and reviewing potential cost savings.

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I asked AI if the Pentagon has ever passed a full financial audit (just saying):

No, the Pentagon has never passed a full financial audit. Since becoming required by Congress to undergo annual audits in 2018, the Department of Defense (DOD) has failed every attempt, marking seven consecutive failures as of November 2024.

It remains the only major federal agency unable to pass an audit, with issues including inaccurate asset tracking, inadequate financial systems, and missing transaction records.

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Do you have an estimate that is realistic since 2018 of what a discrepancy would amount to?

Given that the issues include inaccurate asset tracking, inadequate financial systems, and missing transaction records, no, I don’t.

Given the Pentagon budget, I’d guess the numbers are significant. But that’s just a guess.

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The Pentagon has been audited annually since 2018, proving it is not immune to oversight, but it has failed every single, agency-wide audit conducted. While they have not passed, the audits are completed by independent auditors and the DoD Inspector General, identifying major financial mismanagement and “material weaknesses”.

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Key findings about Pentagon audits:

  • Audit History: The first comprehensive audit began in 2017/2018. As of late 2024, the Pentagon has failed seven consecutive annual audits.

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  • Why They “Fail”: The audits result in a “disclaimer of opinion,” meaning auditors cannot verify the accuracy of the financial records due to missing data, lack of audit trails, and fragmented, outdated accounting systems.

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  • The Findings: Audits have identified that the DOD cannot fully account for its $

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trillion+ in assets, with issues including billions in untracked inventory.

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  • Positive Progress: While the overall agency has not passed, specific components, such as the Marine Corps, have achieved clean audit opinions in certain years.

[image]Senator Chuck Grassley

Are you expecting a picture to show up here?

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No, the text is in picture format

Sure behaves like plain text to me. How should it be different?

You’ll have to ask google.

It is good that way, like our fearless leader, The Great One.