via our new friends at Nasty Letters ....
"Firedoglake has a post about a recent KPMG audit of the Department of Homeland Security:
"Here’s my favorite. It’s a doozy folks. You may want to read it twice: FEMA was unable to fully support the accuracy and completeness of certain unpaid obligations, and accounts payable, and the related effects on net position, if any, prior to the completion of DHS’s 2006 PAR. These unpaid obligations, as reported in the accompanying DHS balance sheet as of September 30, 2006, were $22.3 Billion or 46% of DHS consolidated unexpended appropriations at September 30, 2006. [emphasis mine]"
So King was running the show on the House side while almost HALF of the DHS budget went unaccounted for?! But you know, whatever, his son lobbies for defense contractors, it's all good, perfectly on the level, now let's get back to running the country.."