IPFS News Link • Military Industrial Complex
EPIC Waste & Corruption at the Pentagon: Doctored Ledgers Leave $8.5 Trillion Unaccounted For
• Daily PaulThat means that the $8.5 trillion in taxpayer money doled
out by Congress to the Pentagon since 1996, the first year it was
supposed to be audited, has never been accounted for. That sum exceeds
the value of China's economic output last year.
The article begins:
(Reuters) - Linda Woodford spent the last 15 years of her career inserting phony numbers in the U.S. Department of Defense's accounts.
Every month until she retired in 2011, she says, the day came when
the Navy would start dumping numbers on the Cleveland, Ohio, office of
the Defense Finance and Accounting Service, the Pentagon's main
accounting agency.
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