Pentagon fails 7th audit, costing $178 million, cannot account for $824 billion budget
By Thomas Stevenson | The Post Millennial
The Pentagon has failed its seventh audit in a row as of Friday and cannot account fully for the $824 billion the Department of Defense (DoD) is allocated. Despite this, DoD officials say they have "turned a corner" on the spending. The audit itself cost the government $178 million.
The Pentagon could not provide a full accounting of the $824 billion DoD budget, sparking more outrage from taxpayers who fund the operation, per Fox News. The DoD said, "Teams of independent public accountants and the DoD Office of Inspector General closely examined the financial statements of the Department and its reporting entities. Of the 28 reporting entities undergoing standalone financial statement audits, 9 received an unmodified audi...