To: TimF who wrote (24094 ) 8/19/2012 8:42:33 PM From: Broken_Clock Read Replies (1) | Respond to of 85487 2012 just a guess because the GAO says they are so screwed up the numbers arew too funny to count.en.wikipedia.org Audit of 2011 budgetAgain in 2011, the GAO could not "render an opinion on the 2011 consolidated financial statements of the federal government", with a major obstacle again being "serious financial management problems at the Department of Defense (DOD) that made its financial statements unauditable". [19] In December 2011, the GAO found that "neither the Navy nor the Marine Corps have implemented effective processes for reconciling their FBWT." According to the GAO, "An agency’s FBWT account is similar in concept to a corporate bank account. The difference is that instead of a cash balance, FBWT represents unexpended spending authority in appropriations." In addition, "As of April 2011, there were more than $22 billion unmatched disbursements and collections affecting more than 10,000 lines of accounting." [20] Budget breakdown for 2012Defense-related expenditure 2012 Budget request & Mandatory spending [21] [22] Calculation [23] [24] DOD spending $707.5 billion Base budget + "Overseas Contingency Operations" FBI counter-terrorism $2.7 billion At least one-third FBI budget. International Affairs $5.6–$63.0 billion At minimum, foreign arms sales. At most, entire State budget Energy Department, defense-related $21.8 billion Veterans Affairs $70.0 billion Homeland Security $46.9 billion NASA, satellites $3.5–$8.7 billion Between 20% and 50% of NASA's total budget Veterans pensions $54.6 billion Other defense-related mandatory spending $8.2 billion Interest on debt incurred in past wars $109.1–$431.5 billion Between 23% and 91% of total interest Total Spending $1.030–$1.415 trillion
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