Keywords

Budget

Politics, The Economy

It seems that US troops in Iraq are short on rifles, and are forced to use confiscated AK-47s! Maybe that’s because the US military doesn’t know where your tax dollars are going. That’s right, there is more than a trillion dollars missing and unaccounted for!

A study by the Defense Department’s inspector general found that the Pentagon couldn’t properly account for more than a trillion dollars in monies spent. A GAO report found Defense inventory systems so lax that the U.S. Army lost track of 56 airplanes, 32 tanks, and 36 Javelin missile command launch-units.

And before the Iraq war, when military leaders were scrambling to find enough chemical and biological warfare suits to protect U.S. troops, the department was caught selling these suits as surplus on the Internet “for pennies on the dollar,” a GAO official said.



Given these glaring gaps in the management of a Pentagon budget that is approaching $400 billion, the coming debate is shaping up as a bid to gain the high ground in the battle against waste, fraud and abuse.

We are spending $400 billion a year and don’t know how much of it is being spent! Click here for more information and to sign a petition.

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