Pentagon FAILS 7th Audit In A Row, Unable To Account for $824 BILLION Budget
The detestable ‘experts’ from the Left have the audacity to criticize President Trump for nominating Pete Hegseth for Secretary of Defense, despite overt mismanagement of the DOD under the Biden Administration. January 20th can’t come fast enough.
But you better keep meticulous records and report every dollar you get on a pay share apps like Venmo to the IRS.
Pentagon fails 7th audit in a row, unable to fully account for $824B budget
Pentagon audits received disclaimer of opinion
By Fox News, Nov 17th, 2024
The Pentagon failed its seventh consecutive audit on Friday as the agency was unable to fully account for its massive $824 billion budget, though officials were confident the Department of Defense “has turned a corner” in understanding its budgetary challenges going forward.
The audits resulted in a disclaimer of opinion, which means auditors were provided with insufficient information to form an accurate opinion of the accounts.
Of the Department of Defense’s (DoD) 28 reporting entities that had standalone audits, 9 received an unmodified audit opinion, 1 received a qualified opinion, 15 received disclaimers, and 3 opinions remain pending, the Pentagon said.
AUTHOR
Geller Report Staff
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