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Nairaland Forum / Nairaland / General / Politics / $619 Billion Missing From USA Federal Transparency Site (1327 Views)
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$619 Billion Missing From USA Federal Transparency Site by aminho(m): 9:44am On Aug 07, 2014 |
WASHINGTON — A government website intended to make federal spending more transparent was missing at least $619 billion from 302 federal programs, a government audit has found. And the data that does exist is wildly inaccurate, according to the Government Accountability Office, which looked at 2012 spending data. Only 2% to 7% of spending data on USASpending.gov is "fully consistent with agencies' records," according to the report. Among the data missing from the 6-year-old federal website: • The Department of Health and Human Services failed to report nearly $544 billion, mostly in direct assistance programs like Medicare. The department admitted that it should have reported aggregate numbers of spending on those programs. • The Department of the Interior did not report spending for 163 of its 265 assistance programs because, the department said, its accounting systems were not compatible with the data formats required by USASpending.gov. The result: $5.3 billion in spending missing from the website. • The White House itself failed to report any of the programs it's directly responsible for. At the Office of National Drug Control Policy, which is part of the White House, officials said they thought HHS was responsible for reporting their spending. For more than 22% of federal awards, the spending website literally doesn't know where the money went. The "place of performance" of federal contracts was most likely to be wrong. That's a problem, said Sen. Tom Carper, D-Del., the chairman of the Senate Homeland Security and Government Affairs Committee. "We live in a world in which information drives decisions," Carper said. "And, given the budget constraints that our government faces, we need reliable information on how and where our money is being spent." [img]http://www.gannett-cdn.com/-mm-/12b461b89c9d481cd5b9a3829996a49ce1ff2ff2/c=143-0-2685-1911&r=x383&c=540x380/local/-/media/USATODAY/USATODAY/2014/08/05/1407270720000-AP-Virtual-Currencies.jpg[/img] The report comes as the Obama administration begins to implement the Digital Accountability and Transparency Act, which Congress passed last year to expand the amount of federal spending data available to the public. The report said the Office of Management and Budget needed to exercise greater oversight of federal agencies reporting spending data. "Until these weaknesses are addressed, any effort to use the data will be hampered by uncertainties about accuracy," the report said. OMB spokesman Jamal Brown said the administration is already working to improve the data following the passage of the DATA Act last year. "OMB is committed to federal spending transparency and working with agencies to improve the completeness and accuracy of data submissions," he said in a statement. The administration is also transferring responsibility for the website from the General Services Administration to the Bureau of the Fiscal Service in the Department of the Treasury. http://www.usatoday.com/story/news/politics/2014/08/05/federal-spending-transparency-money-missing/13485581/ |
Re: $619 Billion Missing From USA Federal Transparency Site by Tolexander: 9:51am On Aug 07, 2014 |
In Barack Obama's voice: No money is missing. If any money is missing, Nigeria will know because it is their money. 5 Likes |
Re: $619 Billion Missing From USA Federal Transparency Site by Descartes: 9:52am On Aug 07, 2014 |
So money still misses in US Na lie jor |
Re: $619 Billion Missing From USA Federal Transparency Site by Omexonomy: 10:00am On Aug 07, 2014 |
I thaught only nigerian politician like tinubu steals public fund. 5 Likes |
Re: $619 Billion Missing From USA Federal Transparency Site by aminho(m): 10:00am On Aug 07, 2014 |
oga jona will be free now atleast |
Re: $619 Billion Missing From USA Federal Transparency Site by Tintinix: 10:02am On Aug 07, 2014 |
"We live in a world in which information drives decisions," Carper said. "And, given the budget constraints that our government faces, we need reliable information on how and where our money is being spent." This is the crux of the matter. |
Re: $619 Billion Missing From USA Federal Transparency Site by saintneo(m): 10:18am On Aug 07, 2014 |
[img]http://2.bp..com/-kLQHga4_kAU/UI-HUM7lckI/AAAAAAAAGPs/BymlaG3oBUg/s280/20095_274_ReyMysterio07b.jpg[/img] [img]http://1.bp..com/-ssqkQZkY1AA/UI-HVdiqfFI/AAAAAAAAGP0/fu2ez1EfiPY/s280/33438640.jpg[/img] [img]http://2.bp..com/--yG7jy9eDyg/UI-Hb6CqxNI/AAAAAAAAGQU/bmgjqq7BMYo/s280/rey20mysterio-619.jpg[/img] [img]http://4.bp..com/-Z66PK-vv-Mk/UI-HYInlFrI/AAAAAAAAGP8/ZEWtYZ25UbI/s280/82f6a725a31b6c54c9accad3aa719852.jpg[/img] Rey Mysterio - 619 1 Like |
Re: $619 Billion Missing From USA Federal Transparency Site by Idrismusty97(m): 11:08am On Aug 07, 2014 |
$619 Billion can buy the whole of Nigeria o! |
Re: $619 Billion Missing From USA Federal Transparency Site by Jesusloveyou: 11:13am On Aug 07, 2014 |
Descartes: So money still misses in USno money is missing,d agency could not sumit it in DATA,but in naija,the govt can never admit dat money is missing, |
Re: $619 Billion Missing From USA Federal Transparency Site by Descartes: 11:29am On Aug 07, 2014 |
Why are they talking about 'missing' money when African Leaders are in US for a Summit These Americans have something up their sleeves |
Re: $619 Billion Missing From USA Federal Transparency Site by Trut(m): 11:35am On Aug 07, 2014 |
APC will blame PDP/GEJ led govt for the missing money |
Re: $619 Billion Missing From USA Federal Transparency Site by Nobody: 11:37am On Aug 07, 2014 |
APC insist Jonathan is behind it. To spend on election. |
Re: $619 Billion Missing From USA Federal Transparency Site by Nobody: 12:02pm On Aug 07, 2014 |
Idrismusty97: $619 Billion can buy the whole of Nigeria o!fish brain |
Re: $619 Billion Missing From USA Federal Transparency Site by F117A: 12:36pm On Aug 07, 2014 |
waoh! And the US is over $7trillion in debt. No wonder, most REAL americans want obama out as soon as possible. 1 Like |
Re: $619 Billion Missing From USA Federal Transparency Site by Idrismusty97(m): 1:04pm On Aug 07, 2014 |
Nobleval: fish brainHuman Brain |
Re: $619 Billion Missing From USA Federal Transparency Site by Rikidony(m): 1:13pm On Aug 07, 2014 |
THATS BIGGER THAN THE WHOLE NAIJA ECONOMY SHA NIGERIA WILL KNOW SINCE ITS THEIR MONEY 1 Like |
Re: $619 Billion Missing From USA Federal Transparency Site by Nobody: 1:39pm On Aug 07, 2014 |
Idrismusty97: Human BrainGoo boy. |
Re: $619 Billion Missing From USA Federal Transparency Site by jking001(m): 2:18pm On Aug 07, 2014 |
Hahahahaha ,lol lmao,bad guy APC always blame Jonathan for everything since 10 B.C,if they can't impregnate their wives is Jonathans fault,if their kids are not doing well due to the use of hard drugs and other substances its Jonathans fault, if their wives refuse to sleep with them its his fault,Agbero People Congeress AKA supporter of APC party AKA devil party. jerseyboy: APC insist Jonathan is behind it. To spend on election. 1 Like |
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