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.
nothing less than legalized theft of taxpayer dollars.
“...effectively remove the legislature’s constitutional power of the purse from critical oversight....”
Impossible.
No law, bureaucratic rule, executive policy or order can do that..............
Thanks for the ping.