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The $21 Trillion Mystery: Unaccounted For Funds and Government Secrets
The discovery made by Michigan State University economics professor Mark Skidmore is nothing short of staggering: a mind-boggling $21 trillion unaccounted for in the federal budget spanning from 1998 to the end of fiscal year 2015. Skidmore, along with his graduate students, embarked on a meticulous investigation, scrutinizing government documents from the Department of Defense and Housing and Urban Development. What they unearthed was a labyrinth of unauthorized spending, raising alarming questions about the oversight of taxpayer funds.
As mandated by the Constitution, all federal spending must undergo congressional authorization each fiscal year. Yet, Skidmore's analysis revealed a disconcerting pattern of discrepancies that far exceeded the norm. Utilizing publicly available documents, they shed light on this fiscal inconsistency, prompting swift action. However, their revelations were met with a troubling response: the removal of key documents by the very agencies under scrutiny.
Despite the lack of prior congressional inquiry, the Department of Defense underwent its first department-wide audit, conducted by Ernst & Young, following Skidmore's findings. The results were chilling: adjustments for inadequate transactions soared to unimaginable levels, dwarfing the authorized budget by a staggering margin.
Skidmore's investigation focused on the Army's budget, spanning 13 years and representing a significant portion of the missing $21 trillion. The sheer magnitude of the discrepancy, equivalent to $65,000 per person in America, underscores the gravity of the situation. With the federal deficit estimated at $20 trillion, the missing funds raise alarming questions about the true financial landscape of the nation.
Speculation abounds regarding the destination of these unauthorized funds, with the revelation of a $56 billion Pentagon black budget further fueling concerns. Despite reaching out to oversight agencies for clarification, Skidmore's inquiries were met with tepid responses, leaving the door open to speculation about the true nature of these discrepancies.
In the wake of these revelations, one thing remains clear: a profound lack of accountability surrounds the handling of taxpayer dollars. Whether indicative of intentional misuse or systemic flaws in accounting practices, the implications of this unprecedented discovery reverberate throughout the halls of power, demanding urgent scrutiny and action.
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