The U.S. House of Representatives has advanced the 2025 National Defense Authorization Act (NDAA), a massive $883.7 billion defense budget, despite the Pentagon failing its seventh consecutive audit. The bill passed with bipartisan support, as 81 Democrats joined 200 Republicans to approve the measure...
This latest defense package has drawn significant criticism from lawmakers and advocacy groups who point to the Pentagon’s history of financial mismanagement, the influence of the military-industrial complex, and controversial provisions embedded within the bill.
The Pentagon has consistently failed to meet federal audit requirements since it was first legally obligated to do so in 2018. The Department of Defense (DOD) announced last month that it had failed its seventh audit in a row, continuing a trend that critics say highlights pervasive inefficiencies. According to the Government Accountability Office (GAO), the Pentagon suffers from “pervasive deficiencies in the department’s business processes, internal controls, financial reporting, and financial management systems.” - Nation of Change
Thursday, December 26, 2024
The Pentagon keeps getting more money and keeps failing audits
This is from a couple of weeks ago. It's since been signed into law, with a final price tag of $895B.
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Is it fair to ask if the DoD "failed" or it could not pass the audit ? I read that in 2024, nine of the twenty-eight Department of Defense sub-audits passed and none failed outright, but in fifteen there wasn’t enough information to come to a conclusion.
ReplyDeleteAnd shouldn't taxpayers feel confident that with Pete Hegseth running DoD and Brad Finstad in his second term on the House Armed Services Committee that there will never be a failure during the Trump years -- after all, Trump has never failed at anything, just ask him.
OK ... now, let's be serious ... considering that the audit cost the Defense Department $178 million and involved some 1,700 auditors, passing the audit does not mean that there is not waste and bad decisions -- it just means they have systems in place to say that the financial statements are accurate.
Ref : https://thehill.com/policy/defense/4992913-pentagon-fails-7th-audit-in-a-row-but-says-progress-made/