fbpx

The Crossroads of Special Operations

Friday, June 25, 2021

Has the Government Legalized Secret Defense Spending? | Rolling Stone

Must Read

October 4th, 2018, was a busy news day. The fight over Brett Kavanuagh’s Supreme Court nomination dominated the cycle. The Trump White House received a supplemental FBI report it said cleared its would-be nominee of wrongdoing. Retired Justice John Paul Stevens meanwhile said Kavanaugh was compromised enough that he was “unable to sit as a judge.”

#NationalTacoDay trended on Twitter. Chris Evans told the world production wrapped on Avengers 4.

The only thing that did not make the news was an announcement by a little-known government body called the Federal Accounting Standards Advisory Board — FASAB — that essentially legalized secret national security spending. The new guidance, “SFFAS 56 – CLASSIFIED ACTIVITIES” permits government agencies to “modify” public financial statements and move expenditures from one line item to another. It also expressly allows federal agencies to refrain from telling taxpayers if and when public financial statements have been altered.

Source: Has the Government Legalized Secret Defense Spending? | Rolling Stone

- Advertisement -

- Advertisement -

Latest News

SOCOM preparing for ‘omni-domain’ battle | National Defense

For the best method to handle a downpour of data and information, Special Operations Command's chief data officer is...

- Advertisement -

More Articles Like This

- Advertisement -