Blaze TV host Deneen Borelli and Fox News contributor debates liberal radio host Ethan Bearman on Democratic congresswoman-elect Alexandria Ocasio-Cortez’s Tweet claiming $21 trillion “Pentagon accounting errors” is enough money to pay for most of the “Medicare for All” bill on “Trish Regan Primetime,” with host Trish Regan on the Fox Business Network.
Alexandria Ocasio-Cortez Tweeted:
$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 (@AOC) December 2, 2018
A fact check on Alexandria Ocasio-Cortez’s claim:
Rep.-elect Alexandria Ocasio-Cortez tweeted that $21 trillion worth of “Pentagon accounting errors” could finance two-thirds of Medicare for All. It can’t.
The misguided tweet is based on a tally by university researchers who found $21 trillion worth of untraceable transactions in the Department of Defense between 1998 and 2015. It’s a legitimate problem the Pentagon says it’s trying to fix. But transactions — which can be counted multiple times as they pass through accounts — are not the same as spending.