Where Is the Money?

| September 3, 2003

The Pentagon has misplaced $1.1 trillion. You read that right: trillion. And the new web site WhereIsTheMoney.org compares these 'unaccountable adjustments' to uses such as pre-school, health care, and public education. Every federal agency is required to audit and publish their financial statements. In 1999, the Department of Defense reported $2.3 trillion in undocumented adjustments. In 2000 it was $1.1 trillion, and in 2001 DOD declined to even report their adjustments. The question is, where did that money go? The new web site gives some amazing possibilities about what the money actually could have done. And that has less to do with head scratching and more to do with sadness and anger.
-- Joel Stonington

Go there>>WhereIsTheMoney.org

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