Rep. Clay Higgins (R-LA) ripped the Department of Defense’s finances for failing its fifth consecutive audit and inability to account for 61% of its $3.5 trillion in assets.
“The most ravenous Leviathan of our government that devours the people’s wealth is the Department of Defense,” Higgins said in an impassioned speech during a House Committee on Oversight and Accountability hearing on the DOD’s failed audit, financial management practices.
As someone who’s witnessed the US Military’s “use or lose” budget in action, I’d put $100 on a lot of it being jammed in a closet, sitting at the bottom of an ocean, or conveniently lost to fire in a desert somewhere.
Or lost somewhere in a logistics facility unaccounted for.
It’s a very big closet.