Soon to be Congresswoman Alexandria Ocasio-Cortez continues to churn out more Whoppers than Burger King.
The 29-year-old socialists latest fib came after she fudged the numbers to justify the implementation of Medicare for all. Her comments were so outrageous that the same media that continually gives her a pass had to call her out.
Ocasio-Cortez came under fire for a Sunday tweet in which she cited “21 TRILLION of Pentagon financial transactions” that have gone missing.
$21 TRILLION of Pentagon financial transactions “could not be traced, documented, or explained.”
$21T in Pentagon accounting errors. Medicare for All costs ~$32T.
That means 66% of Medicare for All could have been funded already by the Pentagon.
And that’s before our premiums. https://t.co/soT6GSmDSG
— Alexandria Ocasio-Cortez (@Ocasio2018) December 2, 2018
Her emotion-driven, low-information supporters ate it up but unfortunately for the woman once called the “future” of the Democratic party by DNC boss Tom Perez, the numbers were vastly inflated as the Pentagon hasn’t spent that much money during the entire time that it has existed.
Brian Riedl who is a senior fellow at the non-profit Manhattan Institute quickly stomped on Ocasio-Cortez’s bogus claim.
Wow. You claim $21 Trillion in Pentagon Waste? The entire Pentagon budget from 1789-2018 has totaled $18 trillion,
Come on, This is embarrassing. https://t.co/ezdhqWQFyc
— Brian Riedl (@Brian_Riedl) December 2, 2018
But then came the real indignity: the adoring liberal media turned on her as well with the anti-Trump Washington Post awarding her the dubious honor of the dreaded “Four Pinocchios” for her fibbing.
Fact Checker: Alexandria Ocasio-Cortez’s $21 trillion mistake https://t.co/ZaNty8FXIm
— The Washington Post (@washingtonpost) December 4, 2018
Via the WaPo, “Alexandria Ocasio-Cortez’s $21 trillion mistake”:
The Pinocchio Test
Swing and a miss!
Ocasio-Cortez is not the first Twitter user to mangle information from a news report. But it’s unconvincing to try to pass this off as a rhetorical point being misread. She cited the $21 trillion figure and said “66% of Medicare for All could have been funded already by the Pentagon.”
That’s a direct comparison. It’s badly flawed. The same article she referenced on Twitter would have set her straight. The tweet is still up, probably causing confusion. So we will award Four Pinocchios to Ocasio-Cortez.
The reliably liberal New York Times also blasted Ocasio Cortez as well.
Alexandria Ocasio-Cortez claimed $21 trillion in unaccounted-for Pentagon spending over nearly two decades could have paid for "Medicare for all." But the Pentagon's total budget over that period was $9.2 trillion. https://t.co/vsBtLLYV4q
— NYT Politics (@nytpolitics) December 4, 2018
Representative-elect Alexandria Ocasio-Cortez, the New York Democrat who has become a darling of the progressive left, was quoting from an article in The Nation about “massive accounting fraud” committed by the Pentagon from 1998 to 2015. But her suggestion that the $21 trillion in military transactions could have “already” paid two-thirds the cost of a “Medicare for all” health care system goes beyond what the article reported — and is misleading.
For starters, the combined Pentagon budget from 1998 to 2015 was $9.2 trillion. One study by a libertarian economic think tank found that “Medicare for all” legislation by Senator Bernie Sanders, independent of Vermont, would cost the federal government $32.6 trillion over 10 years.
So where did the $21 trillion figure originate?
It comes from an analysis of the Pentagon’s “unsupported journal voucher adjustments,” by Mark Skidmore, an economist at Michigan State University. The term refers to improperly documented accounting adjustments that are made when different financial ledgers do not match.
In other words, $21 trillion is the total value of adjustments made to the Pentagon’s financial records over those years that could not be traced.
That is not the same thing as $21 trillion in spending.
Ocasio-Cortez’s statement was so false and misleading that two far-left fact checkers called her out for it.