New Bipartisan Bill Would Cut Budgets Of Pentagon Agencies That Fail An Audit

摘要

A bipartisan bill introduced in the House last Thursday would penalize the Pentagon for failing to pass its financial audit by cutting the budget for each department agency that didn’t receive a clean opinion. The Audit the Pentagon Act of 2021 “In the thirty-one years since Congress passed the Chief Financial Officers Act of 1990, the Pentagon remains the only federal agency that has never passed an audit,” Lee said in a statement. “Congress pours trillions of taxpayer dollars into the Pentagon, but we still have no clear idea how that money is being spent. This legislation would be a long overdue step in ensuring transparency and putting an end to the culture of waste, fraud and abuse at the Department of Defense.”