8/07/2014

Obama administration can't account for how $619 billion was spent

Even by the Federal government standards, not being able to account for $619 billion is a lot of money.  From Fox News:
The Obama administration failed to properly account for how it spent nearly $619 billion, according to a watchdog audit of the main federal website meant to track where taxpayer money is going. 
The report from the Government Accountability Office picked apart the website USASpending.gov, and the agencies feeding information to it. 
The database of government spending and contracts was created out of a 2006 transparency law, but the GAO found it continues to have serious problems. The Department of Health and Human Services was the worst offender, during the 2012 period GAO examined. 
“Although agencies generally reported information for contracts to USASpending.gov, they did not properly report information on assistance awards, totaling nearly $619 billion,” the GAO reported. . . .

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2 Comments:

Blogger Confusingly Clear said...

I recall from the early '60s, Sen. Ev Dirkson commenting on the way Washington handles our money. "A billion here, a billion there, pretty soon you're talking about real money." Of course one would need a to add couple more zeros today.

8/07/2014 10:00 AM  
OpenID BLOC said...

If only Bush were still president! Or if only Romney had been elected!

Then, we could be sure that this tidbit would get wall-to-wall coverage by the MSM for weeks on end.

8/07/2014 12:31 PM  

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