{"id":101256,"date":"2020-01-22T23:43:07","date_gmt":"2020-01-23T07:43:07","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2020\/01\/pentagon-racks-up-35-trillion-in-accounting-changes-in-one-year"},"modified":"2020-01-22T23:43:07","modified_gmt":"2020-01-23T07:43:07","slug":"pentagon-racks-up-35-trillion-in-accounting-changes-in-one-year","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2020\/01\/pentagon-racks-up-35-trillion-in-accounting-changes-in-one-year","title":{"rendered":"Pentagon Racks Up $35 Trillion in Accounting Changes in One Year"},"content":{"rendered":"<p>The Pentagon made $35 trillion in accounting adjustments last year alone \u2014 a total that\u2019s larger than the entire U.S. economy and underscores the Defense Department\u2019s continuing difficulty in balancing its books.<\/p>\n<p>The latest estimate is up from $30.7 trillion in 2018 and $29 trillion in 2017, the first year adjustments were tracked in a concerted way, according to Pentagon figures and a lawmaker who\u2019s pursued the accounting morass.<\/p>\n<p>The figure dwarfs the $738 billion of defense-related funding in the latest U.S. budget, a spending plan that includes the most expensive weapons systems in the world including the F-35 jet as well as new aircraft carriers, destroyers and submarines.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pentagon made $35 trillion in accounting adjustments last year alone \u2014 a total that\u2019s larger than the entire U.S. economy and underscores the Defense Department\u2019s continuing difficulty in balancing its books. The latest estimate is up from $30.7 trillion in 2018 and $29 trillion in 2017, the first year adjustments were tracked in a [\u2026]<\/p>\n","protected":false},"author":513,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,9],"tags":[],"class_list":["post-101256","post","type-post","status-publish","format-standard","hentry","category-economics","category-military"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/101256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/513"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=101256"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/101256\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=101256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=101256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=101256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}