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Fact Check: Trump’s claim that Clinton lost $6 billion

THE FACT CHECKER | We had previously given Trump Four Pinocchios for this false claim, apparently aimed at rebutting rebut news stories about the nearly $1 billion loss that he claimed in a 2005 tax return that was made public by the New York Times.

Trump misunderstands a $6 billion figure that appeared in a 2014 management alert from the State Department Inspector General. The alert summarized a variety of recent audits that indicated paperwork deficiencies in closing out contracts that were issued in Iraq, Afghanistan and Africa. But no money is missing or lost, a point that the IG emphasized in a letter to The Washington Post in 2014. Instead, the alert highlighted missing paperwork, not dollars.

Trump is also wrong to blame Clinton. We examined the audit reports referenced in alert and concluded that easily two-thirds, or perhaps more, concerned contracts that predated Clinton’s tenure at State.

Real-time fact-checking and analysis of the final 2016 presidential debate

Hillary Clinton and Donald Trump will meet on stage in Las Vegas at 9 p.m. Eastern.