Thanks to the wars in Iraq and Afghanistan, the privatization of the military and the surge in defense spending since 9/11, individual Pentagon auditors now have to keep track of more than three times as much money as they did 10 years ago. Because of limited resources, the Defense Department inspector general revealed in a recent report, about half of the military’s $316 billion weapons budget went under the radar last year.

That’s a recipe for “fraud, waste and … abuse,” warns the IG.

Get Truthdig Editor Robert Scheer’s take on defense spending here.

AP via Google:

WASHINGTON — Pentagon auditors say billions of dollars in military spending is going unchecked because they are having trouble keeping pace with the ever-expanding defense budget and combat operations in Iraq and Afghanistan.

In a recent report, the Defense Department inspector general estimates that nearly half of the military’s $316 billion weapons budget went unchecked last year because the IG’s office lacked the manpower. Whereas 10 years ago when a single auditor would have reviewed some $642 million in defense contracts, individual investigators are now charged with auditing more than $2 billion in spending.

The IG also has been stretching its staff to investigate corruption and fraud cases overseas, primarily in Iraq and Afghanistan where the military is hiring contractors to help run operations.

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