http://www.cbsnews.com/stories/2002/01/29/eveningnews/main325985.shtmlThe War On WasteLOS ANGELES, Jan. 29, 2002
(CBS) On Sept. 10, Secretary of Defense Donald Rumsfeld declared war. Not on foreign terrorists, "the adversary's closer to home. It's the Pentagon bureaucracy," he said.
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Just last week President Bush announced, "my 2003 budget calls for more than $48 billion in new defense spending."
More money for the Pentagon, CBS News Correspondent Vince Gonzales reports, while its own auditors admit the military cannot account for 25 percent of what it spends.
"According to some estimates we cannot track $2.3 trillion in transactions," Rumsfeld admitted.
$2.3 trillion — that's $8,000 for every man, woman and child in America. To understand how the Pentagon can lose track of trillions, consider the case of one military accountant who tried to find out what happened to a mere $300 million.
"We know it's gone. But we don't know what they spent it on," said Jim Minnery, Defense Finance and Accounting Service.
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http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2003/05/18/MN251738.DTLMilitary waste under fire
$1 trillion missing -- Bush plan targets Pentagon accountingSunday, May 18, 2003
The Department of Defense, already infamous for spending $640 for a toilet seat, once again finds itself under intense scrutiny, only this time because it couldn't account for more than a trillion dollars in financial transactions, not to mention dozens of tanks, missiles and planes.
The Pentagon's unenviable reputation for waste will top the congressional agenda this week, when the House and Senate are expected to begin floor debate on a Bush administration proposal to make sweeping changes in how the Pentagon spends money, manages contracts and treats civilian employees.
The Bush proposal, called the Defense Transformation for the 21st Century Act, arrives at a time when the nonpartisan General Accounting Office has raised the volume of its perennial complaints about the financial woes at Defense, which recently failed its seventh audit in as many years.
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WHAT HAPPENED TO $1 TRILLION?
Though Defense has long been notorious for waste, recent government reports suggest the Pentagon's money management woes have reached astronomical proportions. 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.
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Then think about this:
Cunningham Stripped $700 Million from U.S. Defense
'Dukester's' Epic Boo-Hoo Hiding Massive Pentagon Rip-Offhttp://madcowprod.com/The MadCowMorningNews has learned that California Republican Congressman Randy ‘Duke’ Cunningham steered $500 million in defense contracts in less than a decade, according to the company’s own website, to a start-up San Diego software firm which—and here’s the beauty part—doubled as a lobbying firm.
The lobbying firm then gratefully kicked back—at a bare minimum—hundreds of thousands of dollars annually to a Jack Abramoff-directed Washington D.C. lobbying and consulting firm run by two former senior staffers of Texas Republican Tom DeLay.
It offered, in other words, one-stop shopping.
While the focus was on the $2 million in bribes paid to Cunningham after his guilty plea, the question of just what the Congressman had done for all that long green received scant media attention.
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:idea: