One of the benefits of being an extremely powerful lobby in Washington is the ability to live off the taxpayers without ever having to tell the taxpayers what you they with their money. This includes two of the most powerful lobbies in DC: the Fed and the Pentagon.1 In recent years, thanks to Ron Paul, the "Audit the Fed" movement has gained a high profile in Washington and continues to be an election issue. Far less salient, however, is the issue of Auditing the Pentagon. And, unfortunately, like the Fed, the Pentagon is able to quash efforts to make the massive military establishment more transparent and more accountable in its spending. Needless to say, the legislation went nowhere. Nevertheless, as The Guardian reports, the GAO and Office of the Inspector General (IG) have published an endless stream of reports documenting financial mismanagement: 0m in aid to Yemen lost here, .8bn in supplies lost there, ,000 spent on helicopter gears that really cost 0.Meanwhile, according to sparse internal audits, the Pentagon doesn't know what happened to more than six trillion dollars spent in recent years. And, the Pentagon's own report admits the Pentagon wasted 5 billion (more than one-sixth of an entire year's budget) in "administrative waste.
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