Just A Little Sloppy Record-Keeping? The Pentagon's $35 Trillion 'Accounting Black Hole'
https://www.zerohedge.com/economics/just-little-sloppy-record-keeping-pentagons-35-trillion-accounting-black-hole
The Pentagon made $35 trillion in accounting adjustments last year alone — a
total that’s larger than the entire U.S. economy and underscores the
Defense Department’s continuing difficulty in balancing its books.
The latest estimate is up from $30.7 trillion in 2018 and $29
trillion in 2017, the first year adjustments were tracked in a concerted
way, according to Pentagon figures and a lawmaker who’s pursued the
accounting morass.
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