President Trump picked Ben Carson to head the Department of Housing and Urban Development – which grew a ton under Barack Obama.
As one of the first acts of HUD Secretary, Carson then ordered an audit to be done on the agency.
Here is what he found:
UNDER OBAMA, THERE WERE $520 BILLION IN BOOKKEEPING ERRORS.
Now. Doesn’t that sound like our former commander-in-thief?
“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.
“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.”
It’s time to start operating, Ben Carson! Tear down the corruption in the HUD department. It just seems that the more light is shined on Obama’s government, the more we get to see how corrupt Barry really was.