Pentagon fails 5th audit | Eastern North Carolina Now

The Department of Defense (DOD) has neglected to address its inability to keep track of at least $220 billion in equipment provided to government contractors, according to a Tuesday report by the Government Accountability Office (GAO).

The Pentagon failed its fifth audit in a row in November since formally beginning the practice in 2018, DefenseNews reported. Contractors could not prove expenditures for 61% of the Pentagon’s $3.5 trillion in assets; a total of $7.2 trillion in assets and liabilities for 2022 included high-value weapons and equipment, 2.9 million personnel and 643,900 physical assets, according to the outlet, according to Military.com.

https://dailycaller.com/2023/01/17/watchdog-pentagon-billions-equipment-contractors/

If contractors cannot account for it, IMO they should be made to pay back every cent that is not accounted for. 


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