How Did Hillary Clinton Lose $6 Billion of Your Money?
It’s one thing to lose a few dollars under the couch cushions — but how does $6 Billion in taxpayer money disappear? That’s the question that former Secretary of State Hillary Clinton is going to have to answer.
According to a new report by the non-partisan Inspector General, $6 Billion disappeared while Clinton ran the State Department. Supposedly, that money is missing due to “improper filing of contracts.” In other words, the cash was supposed to go toward contracting services outside of the government, but there is no record that it arrived.
The Inspector General’s report states that the missing money is a “significant financial risk and demonstrates a lack of internal control over the Department’s contract actions.” The report goes on, saying that the situation “creates conditions conducive to fraud, as corrupt individuals may attempt to conceal evidence of illicit behavior by omitting key documents from the contract file.”
Many of the problems come from the State Department being unable to properly file contracts. In one report, close to 30% of the contracts related to the Iraq war simply disappeared. Without copies of the contracts, it is difficult or impossible to follow the trail of money.
“A recent OIG audit of the closeout process for contracts supporting the U.S. Mission in Iraq revealed that contracting officials were unable to provide 33 of 115 contract files requested in accordance with the audit sampling plan,” stated the report. Those 33 missing contracts are valued at $2.1 Billion.
If Hillary Clinton was unable to manage taxpayer money while in charge of the Secretary of State, can she be trusted in future positions? The questions raised by the recent report might be tough to answer if Clinton runs for President in 2016.