If you’re a United States military veteran and you’re reading this, you may want to sit down. Because this could get pretty infuriating, pretty fast.
According to the Washington Post, an account containing more than $43 million sat in forgotten obscurity for three years, untouched, and it would’ve stayed that way if it weren’t for the digging of an agency financial manager who unearthed it.
Okay, that’s pretty bad. But it gets worse.
It might be too late for the VA — who’s already hurting for funds as it is — to spend the absurd amount of snubbed dough at all.
Interestingly enough, in this time of smartphones, iPads, Netflix, and the clear demise of newspapers and magazines, that big wad of cash was set aside for — get this — printed publications.
More from the Post:
The Inspector General’s office, in a report issued last week, cited a “breakdown of fiscal controls” and “lack of oversight” in concluding that VA officials had “no need” for the $43.1 million. At least not for the purpose they claimed, which was to print personalized handbooks that explain in detail what benefits a veteran is eligible for.
Turns out, a portion of the funds — about $2.3 million — was used at some point, just not for veterans. But for the Affordable Care Act, aka Obamacare.
Post again:
The money sat from fiscal 2011 through fiscal 2014 “with no designated purpose,” auditors found, and $2.3 million that eventually was spent did not produce handbooks but business cards, pamphlets and mailings about the Affordable Care Act, instead.
The VHA [Veterans Health Administration], it turned out, had “no current need” for the money and wanted to save it for another year, a strategy that’s considered poor financial policy.
Officials from the VA are now looking into see if they still happen to owe any money from way back in the fiscal year of 2011. If they don’t, the money will have to be returned to the U.S. Treasury. Without congressional approval, money set aside for one purpose can’t be used for another.