Administration Flunks Audit
Administration Flunks Audit
Any questions on how our comptroller general feels about the president’s inability to manage the deficit were answered early last week in his annual keynote address, in which he lambasted the state of the government’s checkbook. A few of the highlights:
I’m sad to say that since I last spoke on this issue here… in September 2003, our nation’s long-range fiscal imbalance has deteriorated significantly….
The American people need to realize that the fiscal choices being made in Washington today have profound consequences for the future of our country, and our children….
[W]hat does the federal government’s annual report say about the results that are being achieved with the taxpayer dollars being spent? The answer is not much!…
By continuing to run huge budget deficits, America is partially ceding control over its own destiny to others.
He noted that the first step towards curbing this trend is to “insist on truth and transparency in government operations” — something that the Bush administration has made nearly impossible because its financial record-keeping is so inadequate. The worst offenses stem from the Defense Department – where auditors report “serious financial management problems.” (Not to mention excessive waste.)
Topic Cloud
ArchivesBlog Roll
How many Americans think they will die in the next five, ten, or twenty years? The administration is not just putting off costs onto our children. We will have to start paying, ourselves, and not as far into the future as we might like to think. Either directly through higher taxes, or indirectly through a ruined economy, falling standard of living, torn safety net, and decreased security. The GOP: Bankrupting America.
February 9th, 2005 at 3:43 pmBush is asking for another $80 billion for Iraq. Before Congress gives the money (actually, before it takes out our national credit card to charge it), I’d like to see a “Truman Committee” like the one in the 1940s. Back then, Senator Truman launched an investigation into corruption charges, waste, and ended up saving taxpayers $15 billion dollars. This was a true bi-partisan effort that also saved American lives by rooting out contractors who were using inferior materials and producing shoddy equipment. The US-led occupation government in Iraq is “missing” some $9 billion, 30% of the reconstruction money is lost to fraud and thievery. The $20 billion of Iraqi oil sales was being tracked by a single accountant!
We’ve set aside $24 billion to rebuild Iraq (schools, hospitals, utilities, clean water, roads, etc), but only 27 cents of every dollar is reaching the average Iraqi.
February 9th, 2005 at 8:43 pmEfforts in both chambers of Congress by Dems and a couple Reps to create another “Truman Committee” have stalled because the current Republican leadership doesn’t think this is a good idea. I’ve said it before, this praetorian Congress is in no mood to check Emperor Nero! Besides, it’s our money that’s being laundered back to our praetorians via the Halliburtons, Bechtels, Carlyles, Accentures, and other big corporations, many of whom maintain an off-shore fax machine as their headquarters to avoid US taxes. What a fare! Served wrapped in the flag with lots of patriotism on the side! Want freedom fries with this?
משרד העבודה
Be part of the משרד העבודה experience. Share your opinion about the show on our משרד העבודה Forum. Let us know about your מ…
July 12th, 2005 at 12:51 amמשחק שש בש
Let us know about your משחק שש בש website and network משחק שש בש needs. News stories about משחק שש בש bring …
October 15th, 2005 at 12:21 amדיו
Our free דיו downloads contain fully functioning versions of the דיו software for you to experience all the features of the real product for 30 days. For decades, we’ve believed in building relationships through fac…
December 3rd, 2005 at 10:03 am