By Geller Report | Created at 2024-11-18 14:01:48 | Updated at 2024-11-18 16:37:20
2 hours ago
The detestable ‘experts’ from the Left have the audacity to criticize President Trump for nominating Pete Hegseth for Secretary of Defense, despite overt mismanagement of the DOD under the Biden Administration. January 20th can’t come fast enough.
But you better keep meticulous records and report every dollar you get on a pay share apps like Venmo to the IRS.
The IRS is warning Americans that starting 2025 they must report payments on Venmo, PayPal & Zelle of over $600.
Meanwhile…
The Pentagon just failed its SEVENTH audit in a row, as they were unable to account for 60% of their $4.1 trillion in assets. $824 billion annual budget.
— Geiger Capital (@Geiger_Capital) November 16, 2024
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Our Pentagon can’t “fully account” for a budget that’s worth over $824 billion after they fail their 7th consecutive audit. They should be humiliated. https://t.co/YBpLVVPoc2
— Rep. Tim Burchett (@RepTimBurchett) November 17, 2024
Pentagon fails 7th audit in a row, unable to fully account for $824B budget
Pentagon audits received disclaimer of opinion
By Fox News, Nov 17th, 2024
The Pentagon failed its seventh consecutive audit on Friday as the agency was unable to fully account for its massive $824 billion budget, though officials were confident the Department of Defense “has turned a corner” in understanding its budgetary challenges going forward.
The audits resulted in a disclaimer of opinion, which means auditors were provided with insufficient information to form an accurate opinion of the accounts.
Of the Department of Defense’s (DoD) 28 reporting entities that had standalone audits, 9 received an unmodified audit opinion, 1 received a qualified opinion, 15 received disclaimers, and 3 opinions remain pending, the Pentagon said.
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