Wednesday, December 11, 2019

A Michigan State professor tried to review the Dept. of Defense’s budget. You won’t believe what happened next. | Local News | Detroit | Detroit Metro Times

A Michigan State professor tried to review the Dept. of Defense’s budget. You won’t believe what happened next. | Local News | Detroit | Detroit Metro Times
"For the longest time, the Department of Defense's books were a riddle wrapped in an enigma trapped in the head of a yeti encased in amber and locked in a safe nestled deep in the Mariana Trench.
See the source imageWhile every other federal government agency undergoes regular audits to verify the taxpayers got what they paid for, the DOD is the cheese that stood alone — until suddenly two years ago, out of the blue and seemingly for no reason, it relented.
...In 2017, the Michigan State economics professor teamed with a former government official and two grad students and pored over budget reports going back to 1998 to identify more than $21 trillion in "Unsupported Journal Voucher Adjustments." 
...It's hard to tell what these irreconcilable numbers are because there's so little information about them. 
Plus they account for many multiples of what's been allocated congressionally.
These aren't small enough to be fudge numbers; they account for nearly 10 times the Defense Department's $2.3 trillion in assets..."
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