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The Pentagon Has Never Passed An Audit. Some Senators Want To Change That

A view of the Pentagon building last year. New legislation, the Audit the Pentagon Act of 2021, would require any component of the Defense Department that fails to pass a clean audit to forfeit 1% of its budget back to the Treasury, to be applied against the federal deficit.
When the Pentagon launched its first-ever independent financial audit back in 2017, backers of accountability in government welcomed it as a major step for a department with a track record of financial boondoggles.
But the Defense Department failed that audit – and the next two as well. Now lawmakers are introducing a bipartisan bill that would impose a penalty for any part of the department, including the military, that fails to undergo a clean audit. ....

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The Pentagon Has Never Passed An Audit. Some Senators Want To Change That – Nation & World News

The Pentagon Has Never Passed An Audit. Some Senators Want To Change That
By Bill Chappell
May 19, 2021
When the Pentagon launched its first-ever independent financial audit back in 2017, backers of accountability in government welcomed it as a major step for a department with a track record of financial boondoggles.
But the Defense Department failed that audit – and the next two as well. Now lawmakers are introducing a bipartisan bill that would impose a penalty for any part of the department, including the military, that fails to undergo a “clean” audit.
“The Pentagon and the military industrial complex have been plagued by a massive amount of waste, fraud and financial mismanagement for decades. That is absolutely unacceptable,” said Sen. Bernie Sanders, I-Vt., who co-sponsored the bill with Sen. Chuck Grassley, R-Iowa, along with Sens. Ron Wyden, D-Ore., and Mike Lee, R-Utah. ....

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KUOW - The Pentagon Has Never Passed An Audit. Some Senators Want To Change That

The Pentagon Has Never Passed An Audit. Some Senators Want To Change That
at
7:13 am
NPR
When the Pentagon launched its first-ever independent financial audit back in 2017, backers of accountability in government welcomed it as a major step for a department with a track record of financial boondoggles.
But the Defense Department failed that audit â and the next two as well. Now lawmakers are introducing a bipartisan bill that would impose a penalty for any part of the department, including the military, that fails to undergo a clean audit.
The Pentagon and the military industrial complex have been plagued by a massive amount of waste, fraud and financial mismanagement for decades. That is absolutely unacceptable, said Sen. Bernie Sanders, I-Vt., who co-sponsored the bill with Sen. Chuck Grassley, R-Iowa, along with Sens. Ron Wyden, D-Ore., and Mike Lee, R-Utah. ....

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The Pentagon Has Never Passed An Audit. Some Senators Want To Change That

The Pentagon Has Never Passed An Audit. Some Senators Want To Change That
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The Pentagon Has Never Passed An Audit. Some Senators Want To Change That

The Pentagon Has Never Passed An Audit. Some Senators Want To Change That
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United States , Ron Wyden , Mike Lee , Chuck Grassley , Davidl Norquist , Bernie Sanders , Department Of Homeland Security , Human Services , Budget Committee , Pentagon Defense Logistics Agency , National Defense Authorization , Department Of Health , Department Of Defense Inspector General , Defense Department , Pentagon Act , Defense Inspector , Homeland Security , Defense Logistics Agency , Deputy Secretary , Defense David , Finance Committee , National Defense Authorization Act , ஒன்றுபட்டது மாநிலங்களில் , ரோன் வைடன் , மைக் லீ , சக் புல் ,