Archive for the ‘Budget For 2018’ Category

BEN CARSON FINDS $500 BILLION IN ERRORS DURING AUDIT OF OBAMA HUD

Friday, April 7th, 2017

 

THE DAILY WIRE

Ben Carson Finds $500 Billion (Billion!) In Errors During Audit Of Obama HUD

by Joseph Curl

Ben Carson was the first neurosurgeon to successfully separate conjoined twins, so, he’s kind of a super hero.

But apparently, he’s also not a bad accountant.

President Trump picked Carson to head the Department of Housing and Urban Development, whose budget grew by leaps and bounds under Barack Obama.

In one of his first acts as HUD Secretary, Carson ordered an audit of the agency. What he found was staggering: $520 billion in bookkeeping errors.

“The total amounts of errors corrected in HUD’s notes and consolidated financial statements were $516.4 billion and $3.4 billion, respectively,” the auditors wrote.

But there were plenty of other problems, too.

There were several other unresolved audit matters, which restricted our ability to obtain sufficient, appropriate evidence to express an opinion. These unresolved audit matters relate to (1) the Office of General Counsel’s refusal to sign the management representation letter, (2) HUD’s improper use of cumulative and first-in, first-out budgetary accounting methods of disbursing community planning and development program funds, (3) the $4.2 billion in nonpooled loan assets from Ginnie Mae’s stand-alone financial statements that we could not audit due to inadequate support, (4) the improper accounting for certain HUD assets and liabilities, and (5) material differences between HUD’s subledger and general ledger accounts. This audit report contains 11 material weaknesses, 7 significant deficiencies, and 5 instances of noncompliance with applicable laws and regulations.

The same problems were detailed for each of the last three audits, and the auditors say the continued problems “were due to an inability to establish a compliant control environment, implement adequate financial accounting systems, retain key financial staff, and identify appropriate accounting principles and policies.”

So, look for Carson to get out his scalpel and start operating. Or perhaps he’ll use a machete

 

 

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VIDEO – LEFTIST ACTIVISTS BOO CONGRESSMAN IN TOWNHALL OVER MILITARY SPENDING

Sunday, March 19th, 2017

 

 

What happened to the strong military support that President Kennedy had from his
Democrat Party  supporters?  He actually increased military spending.  Those days are gone as the Far Left has been very successful in changing the direction of the Democrat Party over the past 40+ years.  Nancy
VIDEO
DAILY CALLER

WATCH: GOP Congressman Booed By Leftist Activists After Vowing To Support More Funding For U.S. Military

Liberal activists booed Michigan Republican Rep. Dave Trott Saturday morning after the two-term congressman vocally supported increasing funding for the United States military.

Speaking to a packed ballroom inside a suburban Detroit convention center, Trott hosted his first town hall meeting since the 2016 elections, where he echoed President Donald Trump’s call for higher levels of military spending.

Many attendees were reportedly affiliated with the liberal activist group, Michigan People’s Campaign, which has been asking Trott to host a town hall ever since his reelection. The Daily Caller News Foundation reached out to the Michigan People’s Campaign for comment and received no response.

(more…)

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TRUMP’S BIG BUDGET CUTS

Thursday, March 16th, 2017

 

These are the promises that Trump ran and won on.  Call or write to your representatives in congress if you agree that these cuts need to be made.  Without those of us at the grassroots letting our voices be heard,  congress won’t have the backbone to do this.  Nancy 
THE WALL STREET JOURNAL

Trump Budget Seeks Big Cuts to Environment, Arts, Foreign Aid

EPA, State Department are among those to see sharp spending reductions to offset military outlay in White House plan

March 16, 2017

President Donald Trump called for sharp cuts to spending on foreign aid, the arts, environmental protection and public broadcasting to pay for a bigger military and a more secure border in a fiscal 2018 budget blueprint released Thursday.

The budget proposal is certain to run into stiff opposition in Congress, where lawmakers on both sides of the aisle have already signaled they are unlikely to enact Mr. Trump’s deep cuts when they pass spending bills that actually fund the government.

The budget proposes hefty cuts for the Environmental Protection Agency, the National Institutes of Health and the State Department. It also seeks to eliminate funding for the Corporation for Public Broadcasting, the National Endowment for the Arts and other independent agencies long in the crosshairs of some conservative Republicans.

The cuts, if enacted, would mean some agencies would have to lay off federal workers, though the budget doesn’t always offer exact head counts. It does specify that cuts to the EPA “would result in approximately 3,200 fewer positions at the agency.”

“You can’t drain the swamp and leave all the people in it,” said Mick Mulvaney, the president’s budget director. “I would expect there would have to be reductions of forces at various agencies.”

(more…)

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