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Cake day: October 5th, 2023

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  • Mostly yes. The Newt Gingrich lead house Republicans wanted to do anything they could to make Clinton look bad. Somewhere around 97 these audits started across all federal offices. Point being to “prove” waste was happening and taxes for rich people could be cut. Dems went along with it because it’s not actually a bad idea. But right out of the gate the Republicans made sure DoD was given a pass.


  • And in some cases they’ve found more. The miss numbers being thrown around are typically aggregate of all overage and underage combined. That way all errors are highlighted and the overages don’t net out some underages.

    The other funny thing is how it’s fucking Russia. These audits are partially why old assets were depreciated even further. Which freed up more “spending” for Ukraine.

    I’m even old enough to remember Republicans started this whole thing as a gotcha to Clinton. It was so they could prove with all the departments being audited that taxes could be cut. Then the only department that got a pass was DoD. Right when Bush came in. And they then kicked that can a few more times until Obama was President. Then it was suddenly a big deal to Republicans again for DoD to finally start doing audits.


  • Zipitydew@sh.itjust.workstoMemes@lemmy.mlIRS be like
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    10 months ago

    I get the intent here, but it’s a really bad comparison. It’s certainly easy to get confused about without base level awareness of finance and accounting things.

    The DoD is a government cost center. It doesn’t generate revenue. Therefore nothing to tax. Meaning nothing for the IRS to audit.

    That’s why the federal government has other audit authorities and often contracts independent auditors to help. Those people are auditing department spending and assets related though. This type of audit is not to check if taxes are owed. It’s more like making sure the department bank account is correct to keep this simple.