No wonder no one can bring spending under control.
Statement of Federal Financial Accounting Standards 56 (SFFAS 56):
<><>effectively remove the legislature’s constitutional power of the purse from critical oversight.
<><>conjures a legal purgatory where funds can be appropriated for one purpose,
<><>redirected for another,
<><>and hidden altogether from elected representatives.
<><>theoretical protections against abuse, internal controls, audits, classified oversight, are weak
<><>b/c the very financial data needed to detect mischief has been sanitized.
It says the bottom line is (ostensibly) accurate, but they obfuscate where the money was spend and for what purpose. I wonder how many agencies do this and the aggregate amount that has been hidden / obfuscated.
How much of this money went to nefarious uses like paying Soros and his foundations, paying NGOs, bringing in illegals and flying them all over the interior of the country, and generally undermining the USA?