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re: $29,000,000,000,000 missing from Pentagon/DOD...

Posted on 12/15/17 at 8:13 pm to
Posted by starsandstripes
Georgia
Member since Nov 2017
11897 posts
Posted on 12/15/17 at 8:13 pm to
quote:

Yes it is. Again, like I said, the bulk of the Pentagon's budget is payroll (and before you ask, no, not contractors, "payroll" means paying DoD civilians, branch civilians and uniformed personnel), and that money, by definition, can't be "missing" -those folks got paid.


This is naive and ignores the flow of money from appropriations to reconciliation at the end of a FY.

quote:

Now, can hundreds of billions be missing on procurement programs? Maybe a trillion - couple of trillion? Sure. That's where A LOT of bipartisan graft is, as well as covert budgets are. And that would be since WWII - maybe even since Vietnam that much went missing. AT MOST.


Horribly naive.
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