Tag: $10 Trillion Missing from Pentagon

NOVANEWS By: Claire Bernish Over a mere two decades, the Pentagon lost track of a mind-numbing $10 trillion — that’s trillion, with a fat, taxpayer-funded “T” — and no one, not even the Department of Defense, really knows where it went or on what it was spent. Even though audits of all federal agencies became mandatory in 1996, the Pentagon has apparently made itself an exception, and — fully 20 years later — stands obstinately orotund in never having complied. Because, as defense officials insist — summoning their best impudent adolescent — an audit would take too long and, unironically, cost too much. “Over the last 20 years, the Pentagon has broken every promise to Congress about when an audit would be completed,” Rafael DeGennaro, director of Audit the Pentagon, told ...