The Pentagon’s Massive Accounting Fraud Exposed

"Now, a Nation investigation has uncovered an explanation for the Pentagon’s foot-dragging: For decades, the DoD’s leaders and accountants have been perpetrating a gigantic, unconstitutional accounting fraud, deliberately cooking the books to mislead the Congress and drive the DoD’s budgets ever higher, regardless of military necessity. DoD has literally been making up numbers in its annual financial reports to Congress—representing trillions of dollars’ worth of seemingly nonexistent transactions"

That's a pretty big claim by this outlet. Start throwing terms like "literally making up trillions of dollars" and you better have some serious evidence to support it.

/r/Accounting Thread Link - thenation.com