Pentagon Fails Sixth Consecutive Audit

  • The Pentagon has failed to pass its annual financial audit for the sixth consecutive year, prompting conservative lawmakers to call for consequences for the Department of Defense.
  • The Pentagon, which has $3.8 trillion in assets alongside $4 trillion in liabilities, only had seven of 30 sub-audits rated clean by auditors, Defense News reported.
  • Eighteen sub-audits failed, three are still taking place, and one was “qualified,” according to Comptroller Mike McCord.
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