Though federal law has required annual financial reports, the Department of Defense simply did not complete them until 2018. It has since failed each year.
A new GAO report details federal prosecutors' attempts to put the horse back in the barn.
Maybe taxpayers would make fewer mistakes if the federal tax code weren't so hopelessly complex.
The agency’s new report tells us practically nothing of significance.
Getting rid of the much-despised tax agency would be a good idea. It’s unlikely to happen anytime soon.
Possibly the federal government's most efficient pandemic spending effort.
IRS Controversially Claims Hiring 87,000 New Agents Won't Mean Higher Audit Rate for the Middle Class
So why do Democrats keep equivocating on the point that households making under $400,000 may be targeted for more audits by an expanded IRS?
GAO: Congress has been buying planes that lack crucial parts and haven't undergone full testing, so costly upgrades will eventually be needed.
Plus: North Carolina rescinds FART license plate, permit-free concealed carry gets OK in Ohio, COVID case counts rising again, and more...
There will likely never be a full accounting of the war's cost, but as much as $600 billion might have simply vanished due to waste, fraud, and incompetence.
Enhanced unemployment benefits may have helped many Americans weather the pandemic, but they've also attracted the interest of some modern-day Willie Suttons.
Auditors now say the military may be able to pass an audit before the end of the next decade, so at least that's something.
The USPS has lost $78 billion since 2007, but could lose as much as $13 billion this year as the pandemic has crushed mail volume.
The National Debt Is 'Unsustainable' and the Pentagon's Finances Are a Total Mess, Federal Audit Says
"Absent policy changes, the federal government continues to face an unsustainable long-term fiscal path," America's top auditor warns. But is anyone listening?
"Most of the [indicators] of measuring success are now classified, or we don't collect it," the special inspector general for the Afghanistan reconstruction told a Senate committee.
Despite the failure, Pentagon officials are spinning the audit as a step in the right direction.
A new audit reveals how poor oversight and structural problems allowed one Oakland cop to earn $2.5 million in overtime pay in five years.
Meanwhile, Trump and congressional Republicans want to remove spending caps for the Defense Department.
And another $840,000 subsidizing parking spaces, despite federal rules meant to limit commuting by car as a way to protect the environment.
Head of Arizona's Cosmetology Board Used Public Funds for Food, Holiday Decorations, Gifts, and More
The same board investigated a student for giving free haircuts and a cancer survivor for giving beauty treatments to the terminally ill.
Taxpayers paid for "excessive and inappropriate" lodging and travel costs, including for one employee who managed to travel 381 days of the year.