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HHS Financial Audit : Nearly $800 Million Dollars “Could Not Be Explained” $2B stuck in limbo.
Coburn Senate Office ^

Posted on 02/10/2011 6:58:10 AM PST by sunmars

# The nonpartisan analysis of an audit conducted by Ernst & Young on the balance sheets of the U.S. Department of Health and Human Services (HHS) for FY2010, was included in HHS’s FY 2010 Agency Financial Report, dated November 15, 2010. The audit revealed concerning conclusions, among the many findings were the following:

* HHS Is Not In Compliance With Federal Financial Management Law. According to the HHS Inspector General’s review of Ernst & Young’s financial audit of HHS, “HHS's financial management systems are not compliant with the Federal Financial Management Improvement Act of 1996.” * Nearly $2 Billion Taxpayer Dollars Are Stuck in Limbo. “As of September 30, 2010, the audit identified approximately 102,500 transactions totaling an approximate $1.8 billion that were more than 2 year s old without activity.” * Nearly $800 Million Dollars “Could Not Be Explained” Differing Between HHS’ Records and Treasury Department Records. “Based on our review and discussions with management, we noted differences of $794 million that could not be explained.”

(Excerpt) Read more at coburn.senate.gov ...


TOPICS: Breaking News; Government
KEYWORDS: audit; healthcare; hhs; obamacare
and they expect us to trust them on Healthcare........come on Sebelius, please explain to us where our $794 million is please.
1 posted on 02/10/2011 6:58:13 AM PST by sunmars
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To: sunmars
Nearly $800 Million Dollars “Could Not Be Explained” $2B stuck in limbo...

Check with ACORN.

2 posted on 02/10/2011 7:03:12 AM PST by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: Steely Tom

needs to be looked into, has Obama been syphoning off money for his obamacare implementation.


3 posted on 02/10/2011 7:04:50 AM PST by sunmars
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To: sunmars

‘bout enough cash to fuel another WH run.....


4 posted on 02/10/2011 7:07:06 AM PST by mo ("If you understand, no explanation is needed; if you do not, no explanation is possible")
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To: mo

Shouldn’t someone be in jail for this?


5 posted on 02/10/2011 7:08:54 AM PST by hal ogen (1st amendment or reeducation camp?)
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To: mo

so $800 million is missing...who’s asking questions as to where it is because I’m sorry “could not be explained” is not satisfactory to me. I’d never get away with that line with the irs, don’t see why they should.


6 posted on 02/10/2011 7:08:54 AM PST by sunmars
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To: sunmars

You and I would NEVER get away with 1/100th of what our Oligarchs do. they basically are daring We the People to “do something” about it.


7 posted on 02/10/2011 7:10:22 AM PST by mo ("If you understand, no explanation is needed; if you do not, no explanation is possible")
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To: sunmars

Hillary Clinton goes to a primary school in New York to talk about the world. After her talk, she has a “question and answer” period. One little boy raises his hand and Hillary asks him for his name.

“Kenneth.”

“And what is your question, Kenneth?”

“I have three questions: First, whatever happened to your medical health care plan? Second, why would you run for President after your husband shamed the office? And third, whatever happened to all those things you took when you left the White House?”

Just then the bell rings for recess. Hillary Clinton informs the children that they will continue after recess. When they resume Hillary says, “Okay where were we? Oh, that’s right, question time. Who has a question?” A different little boy puts his hand up. Hillary points to him and asks him for his name.

“Larry.”

“And what is your question, Larry?”

“I have five questions: First, whatever happened to your medical health care plan? Second, why would you run for President after your husband shamed the office? Third, whatever happened to all those things you took when you left the White House? Fourth, why did the recess bell go off 20 minutes early? And fifth, what happened to Kenneth?”


8 posted on 02/10/2011 7:11:24 AM PST by Ev Reeman
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To: Steely Tom

And Planned Parenthood...


9 posted on 02/10/2011 7:14:59 AM PST by ConjunctionJunction
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To: sunmars

http://www.deseretnews.com/article/700103392/Investigation-shows-fraud-plagues-health-fund.html


10 posted on 02/10/2011 7:16:20 AM PST by Ev Reeman
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To: sunmars

I’m sure Mr Tarp Ryan can fix this by not cutting their money. Dang!!!!


11 posted on 02/10/2011 7:17:41 AM PST by org.whodat
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To: org.whodat

well i’m sure the new republican house can reclaim this by defunding Obamacare to the tune of $794 million for starters.


12 posted on 02/10/2011 7:20:33 AM PST by sunmars
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


13 posted on 02/10/2011 7:27:06 AM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: sunmars

sfl


14 posted on 02/10/2011 7:30:54 AM PST by phockthis
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Comment #15 Removed by Moderator

To: sunmars

I just sent this article off in email to my GOP senator, Johanns. Said this needs to be thoroughly investigated.


16 posted on 02/10/2011 7:46:12 AM PST by NEMDF
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To: sunmars

They finally figured where his ‘stash’ is.


17 posted on 02/10/2011 8:04:17 AM PST by wiggen (The teacher card. When the racism card just won't work.)
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To: sunmars

Good thing there is no fat in gov’t that can be cut from the budget.


18 posted on 02/10/2011 8:11:23 AM PST by hattend (Obama got his 3am call about Egypt. The call went right to the answering machine.- Sarah Palin)
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To: Nachum

Could it have been stolen so to speak via the fraud that is more than likely permeated within this Regime.


19 posted on 02/10/2011 8:15:20 AM PST by ExTexasRedhead
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To: sunmars
“Nearly $800 Million Dollars “Could Not Be Explained” $2B stuck in limbo . . . “ That's all? Michigan conducted an audit of just one (1) Department, the Health Department and was found that more than 4.4 Billion was missing and unaccounted for!

Go figure!

20 posted on 02/10/2011 8:16:24 AM PST by paratrooper82 (We are kicking Ass in Afghanistan, soon we will be home to kick some more Asses in Congress!)
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To: sunmars

If this were a private business, someone would be doing a perp walk.

Maybe it’s time for Congress to hold the Cabinet Secretaries to the same standard.

This definitely deserves an investigation by the appropriate Legal committees.

This is taxpayer money afterall.


21 posted on 02/10/2011 8:33:35 AM PST by Marty62 (Marty 60)
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To: Marty62

If this were a private business, they wouldn’t BE IN BUSINESS after this...


22 posted on 02/10/2011 8:51:37 AM PST by craig_eddy (Equality of opportunity, not equality of outcome)
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To: sunmars
Nearly $2 Billion Taxpayer Dollars Are Stuck in Limbo

If the money is in limbo then obviously it's not important to Sebelius' cause.

The House Republicans could take that money, declare it surplus and add it to their cuts.

23 posted on 02/10/2011 9:13:53 AM PST by upchuck (When excerpting please use the entire 300 words we are allowed. No more one or two sentence posts!)
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To: Steely Tom
HHS Is Not In Compliance With Federal Financial Management Law.

So when will the Indictments be handed down?

24 posted on 02/10/2011 9:15:12 AM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: Lurker

Good one. The DC gang is way beyond the law. Law is for citizens not USG, anymore.


25 posted on 02/10/2011 9:36:56 AM PST by veracious
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To: ExTexasRedhead
Could it have been stolen so to speak via the fraud that is more than likely permeated within this Regime

You are too harsh kind sir...

The money was found before it was lost.

26 posted on 02/10/2011 9:55:14 AM PST by spokeshave (WTF....the only thing 0bambi's investments will get us is a bullet train to bankruptcy.)
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To: sunmars

$800 million.... probably went to support all those leftist “non-government” organizations out there.


27 posted on 02/10/2011 10:15:30 AM PST by GeronL (http://www.stink-eye.net/forum/index.php for FR backup site!)
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To: spokeshave

And thats just one department


28 posted on 02/10/2011 10:19:53 AM PST by GeronL (http://www.stink-eye.net/forum/index.php for FR backup site!)
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To: sunmars

Tip of the iceberg of theft and corruption.

What percent of the $3.5 trillion budget has been stolen?

We need to audit EVERYTHING. Then we need to prosecute the perps with asset forfeiture.

For example, we could start with the Porkulus funds that were spent in NON-EXISTENT CONGRESSIONAL DISTRICTS AND NON-EXISTENT ZIP CODES. I want to know who cashed the checks.

Rudy Giuliani for Attorney General under Prez Palin.


29 posted on 02/10/2011 11:07:25 AM PST by darth
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To: prairiebreeze

mark


30 posted on 02/10/2011 6:46:21 PM PST by prairiebreeze (Overweight guy to Moochelle Obama: "Where's Ben's Chili Bowl?")
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To: Ev Reeman; ExTexasRedhead; The Comedian

see#8

Hillary Clinton goes to a primary school in New York to talk about the world. After her talk, she has a “question and answer” period. One little boy raises his hand and Hillary asks him for his name.

“Kenneth.”

“And what is your question, Kenneth?”

“I have three questions: First, whatever happened to your medical health care plan? Second, why would you run for President after your husband shamed the office? And third, whatever happened to all those things you took when you left the White House?”

Just then the bell rings for recess. Hillary Clinton informs the children that they will continue after recess. When they resume Hillary says, “Okay where were we? Oh, that’s right, question time. Who has a question?” A different little boy puts his hand up. Hillary points to him and asks him for his name.

“Larry.”

“And what is your question, Larry?”

“I have five questions: First, whatever happened to your medical health care plan? Second, why would you run for President after your husband shamed the office? Third, whatever happened to all those things you took when you left the White House? Fourth, why did the recess bell go off 20 minutes early? And fifth, what happened to Kenneth?”


31 posted on 02/10/2011 7:33:53 PM PST by bitt ( ..Congress - either investigate Obama ...or yourselves, for complicity)
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