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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: bighairymike   😊 😞
Number: of 15061 
Subject: Re: Treasury Dept Payment System
Date: 01/31/2025 12:23 PM
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We know exactly where the money is going and you can be sure the system is constantly being audited. = AW

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BTW, Who is the "we" in your statement. It apparently is not the US Taxpayer.

And it is NOT the payment system itself that is being audited. It is using that system to identify specifically what payments are being made to who in what amounts. The effort is intended to identify, for example, contractors who are receiving massive payments year after year for vague services that could be scaled back or need measurable performance standards imposed, that sort of thing.

To find wasteful expenditures such as this:

Las Vegas City Council accepts $12M grant for pickleball complex at northwest valley park

Or such as this,

Holograms of dead comedians

The National Comedy Center in Jamestown, New York received more than $4.3 million from New York state, plus another $1.7 million in federal grants. The immersive museum will feature a look back at influential comedians—including via holograms showing off classic comedians in their heyday. Jamestown native Lucille Ball is among the comics celebrated at the museum.


BTW, I assume a well informed fellow like yourself is aware that the DOD has failed six consecutive audits. Oops, make that seven!

Nov 18, 2024 The Pentagon on Friday failed its seventh audit in a row, with the nation's largest government agency still unable to fully account for its more than $824 billion budget, though officials stress they are making good progress toward a clean audit in 2028.
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