The U.S. Department of Defense has failed every single financial audit since audits began in fiscal year 2018. Despite commanding the largest budget of any federal agency—nearly $850 billion annually—the Pentagon still can't account for large swaths of its spending. Over the years, trillions have been flagged as "unaccounted for," fueling speculation around off-the-books operations that taxpayers are kept in the dark about. Even the Government Accountability Office recently warned that the DoD may not meet its target for a clean audit until at least 2028.
On Monday, a team of Goldman analysts led by Noah Poponak told clients that the team of the Department of Government Efficiency (DOGE) at DoD is quietly ramping up contract cancellations. Yes, the DoD—the mecca for bloated budgets and opaque spending—is now the target of DOGE's slash-and-burn operations. That news alone might have Deep Staters and their Beltway contractor buddies on edge through summer.
Poponak pointed out that contract cancellations at the DoD now rank second in total canceled IT contract value among federal agencies, just behind Health and Human Services.
It is currently my opinion that senate is so worthless there will never , ever be any cuts. Hard put to even think of anyone but Rand that would vote for it
It is currently my opinion that senate is so worthless there will never , ever be any cuts. Hard put to even think of anyone but Rand that would vote for it
In the current climate, loyalty to Trump is too important. And the quickest way for any legislator to get on his enemies list is by opposing the spending increases that he demands they pass.