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Started By
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re: $29,000,000,000,000 missing from Pentagon/DOD...
Posted on 12/15/17 at 9:01 pm to biggsc
Posted on 12/15/17 at 9:01 pm to biggsc
Original MSU research linked below. Feel free to read their speculation...
npr
As this relates to this (which I posted about earlier in the thread):
msu article about above
npr
quote:
Pentagon Announces First-Ever Audit Of The Department Of Defense
December 8, 201712:20 PM ET
quote:
"The Defense Department is starting the first agency-wide financial audit in its history," the Pentagon's news service says, announcing that it's undertaking an immense task that has been sought, promised and delayed for years.
Of the tally that is starting this week, chief Pentagon spokesperson Dana W. White said, "It demonstrates our commitment to fiscal responsibility and maximizing the value of every taxpayer dollar that is entrusted to us."
"Beginning in 2018, our audits will occur annually, with reports issued Nov. 15," the Defense Department's comptroller, David L. Norquist, said.
As this relates to this (which I posted about earlier in the thread):
msu article about above
quote:
Earlier this year, a Michigan State University economist, working with graduate students and a former government official, found $21 trillion in unauthorized spending in the departments of Defense and Housing and Urban Development for the years 1998-2015.
The work of Mark Skidmore and his team, which included digging into government websites and repeated queries to U.S. agencies that went unanswered, coincided with the Office of Inspector General, at one point, disabling the links to all key documents showing the unsupported spending. (Luckily, the researchers downloaded and stored the documents.)
Now, the Department of Defense has announced it will conduct the first department-wide, independent financial audit in its history (read the Dec. 7 announcement here).
The Defense Department did not say specifically what led to the audit. But the announcement came four days after Skidmore discussed his team’s findings on USAWatchdog, a news outlet run by former CNN and ABC News correspondent Greg Hunter.
quote:
Skidmore and Fitts agreed to work together to investigate the issue further. Over the summer, two MSU graduate students searched government websites, especially the website of the Office of Inspector General, looking for similar documents dating to 1998. They found documents indicating a total $21 trillion in undocumented adjustments over the 1998-2015 period. (The original government documents and a report describing the issue can be found here.)
This post was edited on 12/15/17 at 9:11 pm
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