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DOGE's disastrous accounting
https://www.muskwatch.com/p/doges-disastrous-accounting

"the #data was littered w/duplicate entries, data errors, & items that demonstrated a fundamental misunderstanding of the federal contracting process...

an analysis of the data... actual savings that #DOGE has documented is about $2.6 billion... less than 5% of the claimed total of $55 billion.

...What follows is a selection of the most egregious #accounting errors committed by DOGE."

#Musk #Trump #Coup #Corruption #News #US #USA
Text from article: DOGE said it saved $232 million by canceling an IT contract. The actual savings was $560,000. One of the entries on the DOGE website, first reported by The Intercept, claimed to save $232 million by canceling a technology contract with the Social Security Administration. The only aspect of the contract that was canceled, however, was "a project to develop an 'X' gender marker for the agency’s internal databases." That cancellation, part of a larger anti-trans agenda, will produce $560,000 in savings. The rest of the contract is unchanged. Hundreds of millions in duplicate entries Politico analyzed the data and identified "at least 14 instances where items are repeated, totaling $325 million in claimed savings." Among the duplicates was "a single $25 million item under the Agriculture Department" that was repeated four times. DOGE counted each vendor authorized to bid on the contract as a separate item. Actually, there are "only two finalized contracts from the vendors listed," and they have "been awarded less than $1 million." A simple $8 billion error About half of the savings initially listed by DOGE were based on the cancellation of "a single $8 billion contract for the Immigration and Customs Enforcement agency." The contract, however, was actually for just $8 million. Only $2.5 million had been spent under the contract in two-and-a-half years. Misunderstanding the federal contracting process...

DOGE's disastrous accounting

The DOGE website initially listed line items for just $16.5 billion in savings. But the data was littered with duplicate entries, data errors, and items that demonstrated a fundamental misunderstanding of the federal contracting process.
Judd Legum (Musk Watch)
#news #trump #musk #data #us #usa #corruption #Coup #accounting #doge

His Honour Judge George Georgiou has handed down his sentencing reasons in the Director of Public Prosecutions v Damien Luscombe. https://www.countycourt.vic.gov.au/news-and-media/news-listing/2024-03-27-sentencing-remarks-dpp-v-luscombe #music #musicbiz #fraud #accounting #gambling

County Court of Victoria

Victoria's principal trial court hears and determines criminal, common law and commercial matters.
County Court of Victoria
#music #gambling #fraud #musicbiz #accounting

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