21 TRILLION of Pentagon financial transactions "Could not be traced, documented, or explained."
Clearly she's suggesting that we've spent waaaaaay more than that, such that $21 trillion is just the share of the spending that can't be accounted for.
The entire federal budget this fiscal year was $4.4 trillion; our terrifying national debt currently stands at $21 trillion and change.
The point of the Nation piece isn't that Defense has spent $21 trillion, it's that it's used accounting tricks to move the equivalent of $21 trillion around on paper.
The Nation never claims that the Pentagon actually spent $21 trillion.
No doubt there is bona fide fraud going on in addition to the accounting sleight of hand, but enough fraud to pay for two-thirds of a $32 trillion program? Is she high?
Maybe the happy outcome of this episode will be to drive home to her just how fantastically gigantic, even by Pentagon standards, $32 trillion over 10 years is.
https://hotair.com/archives/2018/12/03/ocasio-cortez-pay-two-thirds-medicare-21-trillion-spent-pentagon/
Clearly she's suggesting that we've spent waaaaaay more than that, such that $21 trillion is just the share of the spending that can't be accounted for.
The entire federal budget this fiscal year was $4.4 trillion; our terrifying national debt currently stands at $21 trillion and change.
The point of the Nation piece isn't that Defense has spent $21 trillion, it's that it's used accounting tricks to move the equivalent of $21 trillion around on paper.
The Nation never claims that the Pentagon actually spent $21 trillion.
No doubt there is bona fide fraud going on in addition to the accounting sleight of hand, but enough fraud to pay for two-thirds of a $32 trillion program? Is she high?
Maybe the happy outcome of this episode will be to drive home to her just how fantastically gigantic, even by Pentagon standards, $32 trillion over 10 years is.
https://hotair.com/archives/2018/12/03/ocasio-cortez-pay-two-thirds-medicare-21-trillion-spent-pentagon/
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