ROANOKE TIMES

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: FRIDAY, March 9, 1990                   TAG: 9003091784
SECTION: NATIONAL/INTERNATIONAL                    PAGE: A4   EDITION: METRO 
SOURCE: 
DATELINE: WASHINGTON                                LENGTH: Short


DINGELL SAYS PENTAGON HAS HIDDEN SLUSH FUNDS

The chairman of a House investigations subcommittee on Thursday accused the Pentagon of maintaining "little-known - semi-secret - slush funds" that in fiscal 1989 totaled $43 billion.

"The existence of these slush funds in the military services is not responsible stewardship over the taxpayers' money," Rep. John Dingell, D-Mich., said in a four-page letter that described the accounts and charged that Pentagon officials misled Congress about the funds.

Dingell said money Congress appropriates must be obligated or spent during a specific time period or be returned to the U.S. Treasury's general fund. But for the military, he said, obligated funds that are not spent "are laundered through the U.S. Treasury and come back to the military services as no-year `M' accounts."



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