Incompetence as an immune response.
The Swamp has broken some new ground here.
Wow. 21T would buy a lot of planes, ships and tanks.
That is our national debt.
From my sources through the years the military did not trust say, Obama, and money was hidden.
“—the Pentagon receives 54 cents out of every dollar in federal appropriations”
Defense spending is more like 15% of the federal budget. What else is biased or misleading in this report?
Clinton. Bush. Obama.
Deep State PARADISE
How do you lose an amount equivalent to our entire national debt, and no one noticed?
It isn’t just the Pentagon that needs to be audited. Try the Federal Reserve. That money had to be printed or at least invented in cyber-dollars. There is a whole other parallel economy out there we don’t know about.
The Black Budget is a Black Hole.......................
A couple of decades ago, the county attorney (who in reality ran the county) of our small rural county told all department heads (hand-picked by him) to keep sloppy books, lose invoices, misplace files. All this in order to make the rampant corruption easier to get away with.
Find $20 billion for a wall in all of that..........
“The Nation” is not to be taken at face value; it is an outlet for fake news and leftist propaganda.
That's a dishonest bookkeeping trick. It willfully and dishonestly disregards Social Security, Medicare, and the various other welfare programs.
A lot has to do with data sharing and antiquated systems, and it goes beyond budgetary functions. It has effected every doctrinal function (administration, intelligence, operations, logistics, communications, planning, training, etc).
The entire system needs to be overhauled. Particularly intelligence. It is horrid.
President Trump really should freeze the Pentagon’s budget until a proper audit is completed.
This line jumped out at me:
“...money reported as having flowed into and out of the Defense Department...”
It’s been a while since I took accounting, but isn’t there a huge difference between cash flow and balance sheets?
Isn’t it the balance sheets that tie to the budget and not the cash flow?
WHAT the ....
I invite The Nation to investigate Welfare fraud.
now audit hhs
My suspicion is that this is a slush fund type operation used to pay off Congress critters . . . remembering past warnings about the military industrial complex. I firmly believe that those well placed in government are stealing us blind.