On Wednesday, the Department of Defense’s Chief Financial Officer announced that the Pentagon has failed its annual audit for the sixth time in a row.
The Pentagon fails its 5th audit in a row. It only managed to account for 39% of its $3.5 trillion in assets
“The U.S. military has the distinction of being the only U.S. government agency to have never passed a comprehensive audit”
This is wild.https://t.co/UiKOUG0ryE
— Nina Metz (@Nina_Metz) November 27, 2022
On Saturday, House Majority Whip Tom Emmer called the Pentagon failing its annual audit “unacceptable.”
From The Hill:
“Government agencies need to be held to the same standard as any business in America,” Emmer posted on X, the platform formerly known as Twitter. “This is unacceptable.”
Government agencies need to be held to the same standard as any business in America.
This is unacceptable.https://t.co/3G0p2xbAK2
— Tom Emmer (@GOPMajorityWhip) November 18, 2023
According to the Department of Defense (DOD) chief financial officer, the Pentagon has failed its annual audit for the sixth year in a row. Only seven of the 29 sub-audits passed this year. All sub-audits are required to pass for the overall audit to be approved.
Comptroller Mike McCord told