The Hill News

The Department of Defense (DOD) uses a specially tailored measure of inflation that masks past budget growth and induces Congress to appropriate excess funding for inflation -- inflation that is very unlikely to occur.

The Pentagon budget analysts’ bible, the so-called Green Book, reveals several special, DOD-only, measures of inflation, along with the widely accepted GDP inflation index. While flawed, the GDP measure is used throughout government and the private sector. A comparative analysis of these inflation data in DOD's Green Book reveals many startling things.

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