$619 billion missing from federal transparency site. That is probably just the tip of the iceberg, but let’s say it isn’t. Let’s say that $619 billion is all that is missing. That is about $2,000 for every man, woman, and child in the United States. That is the better part of a trillion dollars. If you are a family of five can you just hand over $10,000 to cover this incompetence, or theft, or whatever it is?

by Rick Moran, American Thinker
The irony is thick with this one. A government audit has found that a website dedicated to making federal spending “more transparent” can’t find $619 billion.

USA Today:

And the data that does exist is wildly inaccurate, according to the Government Accountability Office, which looked at 2012 spending data. Only 2% to 7% of spending data onUSASpending.gov is “fully consistent with agencies’ records,” according to the report.

Among the data missing from the 6-year-old federal website:

• The Department of Health and Human Services failed to report nearly $544 billion, mostly in direct assistance programs like Medicare. The department admitted that it should have reported aggregate numbers of spending on those programs.

• The Department of the Interior did not report spending for 163 of its 265 assistance programs because, the department said, its accounting systems were not compatible with the data formats required by USASpending.gov. The result: $5.3 billion in spending missing from the website.

• The White House itself failed to report any of the programs it’s directly responsible for. At the Office of National Drug Control Policy, which is part of the White House, officials said they thought HHS was responsible for reporting their spending.

For more than 22% of federal awards, the spending website literally doesn’t know where the money went. The “place of performance” of federal contracts was most likely to be wrong.

That’s a problem, said Sen. Tom Carper, D-Del., the chairman of the Senate Homeland Security and Government Affairs Committee.

“We live in a world in which information drives decisions,” Carper said. “And, given the budget constraints that our government faces, we need reliable information on how and where our money is being spent.”

No, this doesn’t mean that $619 billion has been “lost,” although some of it may have, indeed, gone down a black hole. What it means is that we have incompetents running federal departments. How can HHS not report $544 billion? Madness.

I’m sure the government will eventually get it all sorted out – mostly. The good news is that responsibility for the website is being switched to a department of the Treasury.

At least they have an idea how to count money.

About thomas madison

Dedicated to the restoration of and strict obedience to the United States Constitution.
This entry was posted in Main page and tagged , , , . Bookmark the permalink.

3 Responses to $619 billion missing from federal transparency site. That is probably just the tip of the iceberg, but let’s say it isn’t. Let’s say that $619 billion is all that is missing. That is about $2,000 for every man, woman, and child in the United States. That is the better part of a trillion dollars. If you are a family of five can you just hand over $10,000 to cover this incompetence, or theft, or whatever it is?

  1. Pingback: $619 billion missing from federal transparency site. That is probably just the tip of the iceberg, but let’s say it isn’t. Let’s say that $619 billion is all that is missing. That is about $2,000 for every man, woman, and child in the Un

  2. STOP LYING & TELL THE TRUTH FOR A CHANGE !
    Our economy is in great shape !
    The Debt is Obama & his Gang’s , not the U.S. ‘s, the public’s , etc. They have an Official Debt of over $17.6 Trillion, & Going Up. Some Economic Experts, such as Boston University Professor Laurence Kotlikoff, state that, because of their Off-Budget & Unfunded Obligations & Liabilities, their ACTUAL Debt is over $235 Trillion & Going Up. THEY HAVE VIRTUALLY ZERO $ FOR ANYTHING WHATSOEVER ! Politicians all over the world also have Severe Budget Problems.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s