As the debate in Congress over supplemental funding for the war in Iraq heats up, the Department of Defense still cannot adequately account for billions of dollars, according to the Government Accountability Office.No one in the private sector could get away with this.Maybe handing more responsibilities over to the government(like health care)isn't a good idea.
"For the past 10 consecutive years, we have been unable to certify the Financial Report of the U.S., which is prepared annually by the Treasury Department," Gary Engle, director of Financial Management and Assurance at the GAO, told WND. "Many of the material weaknesses that we found relate to the Department of Defense and their financial management problems."
Engle explained that the Defense Department problems had not been corrected at the end of 2006 when the GAO was performing its audit work.
Tuesday, April 24, 2007
Billions? What billions? Pentagon can't explain
WorldNetDaily reports: