Skip to comments.Has Our Government Spent $21 Trillion Of Our Money Without Telling Us?
Posted on 12/17/2017 4:24:54 PM PST by free_life
No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time. ~ Article I, Section 9, Clause 7, The US Constitution
On July 26, 2016, the Office of the Inspector General (OIG) issued a report Army General Fund Adjustments Not Adequately Documented or Supported. The report indicates that for fiscal year 2015 the Army failed to provide adequate support for $6.5 trillion in journal voucher adjustments. According to the GAO's Comptroller General, "Journal vouchers are summary-level accounting adjustments made when balances between systems cannot be reconciled. Often these journal vouchers are unsupported, meaning they lack supporting documentation to justify the adjustment or are not tied to specific accounting transactions . For an auditor, journal vouchers are a red flag for transactions not being captured, reported, or summarized correctly."
Long article at link.
(Excerpt) Read more at forbes.com ...
Yes. Next question.
Obama was probably not the first but he was the boldest in flat out channeling reward money to those who support him. The IRS crushes republicans while the gov coffers fuel liberal efforts. Oh they had all that money and couldn’t do anything coherent. Well, time to document who took what. Trump was REALLY not supposed to win.
“You don’t think they actually spent $500 on a hammer do you?”
Julius Levinson, “Independence Day,” where Area 51 & alien bodies are revealed.
Check under the couch cushions.
You know with 21 trillion in debt none fit’s getting repaid anyway.
They are not spending our money whatsoever. Nada.
They spent that a LONG time ago. Today, they are not even spending our kids money... they are busy spending our great-great-great-great grandkids money though.
The embezzlement is huge with this Barry Soetoro . . . I’m sure it is how he is able to afford his vacation home in Dubai.
Odungo stole half of it and he’s still using it to destroy the US...
All appropriations and taxes originate in the House of Representatives. The senate must rectify any differences and the President can sign or veto the bill. Any deficits are financed though the sale of treasury bonds.
The overall deficit can grow over time and interest must be paid out of the budget. No one person is responsible for the 20+ trillion deficit even though the President has the final say.
That movie had some great lines in it
Current trump admin thinking is that if they can juice growth to 5-6%annually for a decade of so —it will fund the boomers SS retirement
Remember Donald Rumsfeld on 9/10 announcing the 2 trillion missing from the Pentagon? Next day the accounting office is hit by what I'm still not convinced, and all the records destroyed.
I don't even understand why Rumsfeld chose to tell us about it; we'd have been none the wiser unless it was going to come out soon anyway, and then 9/11.
Good for Trump. They will find some other way to hide what they can. If they can. I'm convinced most of them have nothing but contempt for American citizens whether they pay into the system or not. Soon into it, government employees high or low, start seeing themselves as above the common man and disregard they they are public servants. Probably some exceptions.
When Emperor Barack I demanded that airplanes fly pallets of cash totaling billions to Iran in the middle of the night without permission from Congress, even the stupidest Americans should have known that such a thing was not legal. If President Trump’s plan to have 4-5% growth fails, the $21 Trillion that has been put on the nation’s credit card can never be repaid, and the USA will be busted.
Americanization of Mexicans.
Mexicanization of Americans.
Those pricey hammers exist. While waiting for a bid on a door at the local lumber yard I saw a hammer that I thought my carpenter husband might like. It was hundreds of dollars. Decided that his regular hammer will suffice.
“The Clintons are not accused of any wrongdoing”.
Obummer slush fund for payments to Iran, Acorn, and sundry other mohammedan and/or commie projects?
Clinton, Bush and Obama
The Democrats stole trillions of dollars in the years of Clinton and Pbama, TRILLONS$$$
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