ZeroHedge: Just A Little Sloppy Record-Keeping? The Pentagon's $35 Trillion 'Accounting Black Hole'
Over the past two weeks of coronavirus headlines and heightened global anxiety, along with impeachment coverage and after over the Super Bowl weekend Americans huddled in living rooms in blissful oblivion, a story which in more normal times would be front and center has gone largely unnoticed. To be sure, the Pentagon couldn't be happier that this bombshell has taken a back burner in global headlines:
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.