Monday, August 4, 2014

You're dropping your tax dollars into a Black Hole.

Everyone agrees: You're dropping your tax dollars into a Black Hole.

It's true: The department with the biggest budget has NEVER been audited. There is NO accountability at the Pentagon.

Even though the Chief Financial Officers Act of 1990 requires ALL federal agencies to pass a yearly audit, the Pentagon is the only federal agency that has never been audited. In a recent report the Government Accountability Office stated that the Pentagon is not consistently able to “control costs; ensure basic accountability; anticipate future costs; measure performance, maintain funds control; and prevent and detect fraud, waste and abuse.”
The Tax Dollars BlackHole
According to CA Congressional Representative Barbara Lee, "Defense spending is essentially a black hole and the DOD faces no accountability in how it spends taxpayer funds."

Lee and three colleagues have committed to curtail billions of waste, fraud, and abuse. Together, they have introduced the bi-partisan Audit the Pentagon Act of 2014. This should be a no-brainer, no opposition vote because "tales of waste and irresponsible spending – including off-the-books payouts to foreign governments – from the Pentagon are rampant. "

The Act would require the Pentagon to pass an independent external audit -- or face a .5% reduction in discretionary funds. The new bill, H.R. 5126, sidesteps previous objections to treating the Pentagon as a “monolith” by requiring each individual agency to be responsible for passing an audit.

Everyone agrees it's time to cancel the blank check. In fact, The American Conservative reports the Audit the Pentagon Coalition has secured diverse endorsements for the bill. According to Rafael DeGennaro, “It’s backed by a broad coalition: from Grover Norquist on the right to Ralph Nader — who endorsed it only recently — to Code Pink on the left.”

As Lee noted, "[B]eing patriotic does not mean blindly accepting bloated Pentagon spending.”

If you agree there are better things your tax money could do, you can be a citizen cosponsor of the bill now @ http://pentagonaudit.com/.

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