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originally posted by: Xcalibur254
This issue clearly extends beyond the Obama administration. The HUB has an annual budget of only about $50 billion. So if even all of their money went missing every year Obama was in office it still wouldn't be enough.
Let's be fair HUD is hardly the only department with these issues *cough cough DoD cough cough* and they stretch back decades. So why would you try to pin this strictly on Obama?
originally posted by: Skywatcher2011
THEFT from American tax payers....someone has been cooking the books and needs jail time!
originally posted by: Phage
a reply to: Khaleesi
He has found over $500 billion in bookkeeping errors.
No he didn't. The auditors did.
HUD's bookkeeping ain't run so good.
Last year's audit:
This audit report contains nine material weaknesses, eight significant deficiencies in internal controls, and six instances of noncompliance with applicable laws and regulations. These weaknesses were due to an inability to establish a compliant control environment, implement adequate financial accounting systems, retain key financial management staff, and identify appropriate accounting principles and policies
originally posted by: rickymouse
I doubt if they will ever find out what happened to all the money. It will have been lost within the ever changing computer program upgrades. You have to wonder, why do they keep buying new computer programs every year? So they can hid the money that is disappearing or unaccounted for. The people at the bottom will be targeted to blame of course, the thousand of people who could not learn the ever changing software and still check if everything in the previous year logged in correctly. There are lots of agencies this is happening in. Where does this money go and how does it get out of the system without setting off alarms. Maybe the computer program creators are purposely creating untraceable software.
originally posted by: GuidedKill
And this is surprising how??
Tip of the ice burg my friends.....And this unfortunately will not stop under Trump...Maybe slow down but never stop.
originally posted by: TruMcCarthy
Carson is a right-winger. Government is good, this story is probably just more Breitbart fake news. We need to give the government more power, the average American can't be trusted.
originally posted by: DJW001
a reply to: Khaleesi
How did Ben Carson figure this? Did he use a pocket calculator or an adding machine? I can't find any audit report on the IG's website:
ETA: Wait! Here it is:
[Starts skimming document.]
ETA: Wait! That's from 2015! Why is Ben Carson getting credit for it?