(Conservative Review) -- After years of protesting that they were “too big to audit,” the Pentagon is finally under a congressionally-mandated review. Under a law passed in 2009, the Pentagon must provide their financials to Congressional overseers by September 30, 2017.
However, a new report published by the Pentagon’s Office of Inspector General (IG) highlights how problematic the Pentagon’s books truly are. The IG now believes there is “considerable risk” that the Pentagon will not be audit-ready by the date mandated by law.
And, really, it’s more than just a simple problem. To borrow a Trumpism, it’s a YUGE problem. In fact, according to the Pentagon, the U.S. Army has trillions of dollars in accounting errors in their books. Yes, trillions. These errors are based on missing receipts and invoices, or statements that literally just don’t add up.
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