WE FOUND OUT THIS WEEK THAT HUD IS A COMPLETE FINANCIAL BLACK HOLE.
HUD has always been one of those departments where abuse is seemingly rampant. For instance, the city of San Antonio which was run by a rising star in Democrat politics, Julian Castro, may have misused $1.1 million in federal neighborhood stabilization funds. Given that, it was rather surprising to most observers that Obama Actually tapped Castro to be his HUD secretary.
So, nobody sees any potential problems there, right?
Well from the Daily Caller we read:
Despite officials from the Department of Housing and Urban Development (HUD) correcting $520 billion in bookkeeping errors, the department’s financial records have been so poorly kept that HUD’s inspector general (IG) cannot complete an audit of them.
According to a new report from the IG, HUD officials cleaned up $3.4 billion in errors from its 2015 financial records and $516.4 billion in errors from 2016, after the IG was unable to issue an opinion on either year’s financial statements in December.
This department seems to have a great mission, but as usual, Democrats have totally ruined it. Let’s hope Ben Carson can use some of that brilliance he’s known for to clean this department from top to bottom. The first thing he should do is fire all the Obama appointees who are doing shady things with our tax dollars.