{"id":2101751,"date":"2023-11-17T10:51:02","date_gmt":"2023-11-17T15:51:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/flagrant-disregard-for-taxpayer-funds-pentagon-fails-sixth-consecutive-audit\/"},"modified":"2023-11-17T10:55:02","modified_gmt":"2023-11-17T15:55:02","slug":"flagrant-disregard-for-taxpayer-funds-pentagon-fails-sixth-consecutive-audit","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/flagrant-disregard-for-taxpayer-funds-pentagon-fails-sixth-consecutive-audit\/","title":{"rendered":"Pentagon&#8217;s Sixth Audit: Blatant Neglect of Taxpayer Funds"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fflagrant-disregard-for-taxpayer-funds-pentagon-fails-sixth-consecutive-audit%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2101751&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The Pentagon Fails Annual\u2063 Financial Audit for Sixth Year in\u2064 a Row<\/h2>\n<p>The <a href=\"https:\/\/www.dailywire.com\/topic\/pentagon\" target=\"_blank\" rel=\"noopener\">Pentagon<\/a> has \u2062once again\u200b failed to\u2063 pass its \u2062annual financial audit, marking the sixth consecutive year of\u2064 non-compliance.\u200b This failure has sparked outrage among\u200b conservative lawmakers, who are demanding consequences for the <a href=\"https:\/\/www.dailywire.com\/topic\/department-of-defense\" target=\"_blank\" rel=\"noopener\">Department of Defense<\/a>.<\/p>\n<p>The Pentagon, with its massive\u2062 $3.8 trillion in\u200d assets and \u200c$4 trillion in liabilities, has \u2064only managed to achieve a clean rating\u2064 in\u2064 seven\u200c out\u200d of 30 sub-audits, \u2064according to\u2062 Defense News. The remaining sub-audits \u2063have either\u2064 failed, are still ongoing, or have been deemed &#8220;qualified&#8221; by Comptroller Mike McCord.<\/p>\n<p>This news \u200dcomes on the heels of reports\u2062 that the Department of\u2064 Defense was unable to track all the weapons and military equipment it had sent to Ukraine, despite sending\u2064 billions of dollars\u200c in military\u2063 aid to the country.<\/p>\n<p>&#8220;It&#8217;s\u200d not enough,&#8221; McCord stated, referring to the Pentagon&#8217;s\u200d efforts to address the issues flagged in the\u200b previous year&#8217;s audit. &#8220;The secretary [of defense] feels that we need to be doing better at \u2063this and moving faster.&#8221;<\/p>\n<p>McCord \u2062emphasized the need for closer collaboration with the \u200cTreasury \u2064Department and the use of automation to streamline the auditing process.<\/p>\n<p>Furthermore, a\u200b Pentagon \u2063accounting error \u200dearlier this year resulted \u200din\u2064 an additional $6.2 \u200cbillion in \u2064aid being\u200c allocated to \u200bUkraine, adding\u200d to the approximately $113 \u2064billion approved by Congress for the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/in-line-for-senior-job-at-state-sanders-aide-accuses-biden-of-illegal-military-action\/\" title=\"In Line For Senior Job at State, Sanders Aide Accuses Biden of Illegal Military Action\">war-torn country<\/a>.<\/p>\n<p>While lawmakers are also considering sending military\u2063 aid to Israel amid its\u200d conflict with Hamas, no aid packages have been approved yet.<\/p>\n<p>With news of the failed \u200caudit,\u200c Republicans are criticizing the Pentagon and demanding greater \u2064accountability.<\/p>\n<p>&#8220;The Pentagon\u200d has \u2062failed its sixth straight\u2064 audit. $3.8 trillion vanished into thin air. Any other \u200dorganization would face\u200c consequences,&#8221; said Rep. Andy Biggs (R-AZ).<\/p>\n<p>The House Oversight Committee expressed concern over the Pentagon&#8217;s inability to track \u200bassets, stating that\u200c it jeopardizes military readiness and demonstrates a disregard for taxpayer funds.<\/p>\n<p>Senator Rand \u2063Paul (R-KY) \u200ccalled for\u200c an independent audit of the\u200c Pentagon, emphasizing the need for accountability and transparency.<\/p>\n<p>The Center for Renewing\u200c America, \u2063a conservative policy organization, criticized \u2062the leftist tilt of \u2063the\u2063 military bureaucracy, stating,\u200c &#8220;Our bureaucratic government agencies are as incompetent as they are WOKE &#038; WEAPONIZED!&#8221;<\/p>\n<p><strong><a href=\"https:\/\/www.dailywire.com\/news\/black-friday-gift-guide\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.dailywire.com\/news\/black-friday-gift-guide&#038;source=gmail&#038;ust=1700275166814000&#038;usg=AOvVaw0_FgIWtLXx8w2fSdMb8L-V\">CHECK OUT THE DAILY WIRE BLACK FRIDAY SHOPPING GUIDE<\/a><\/strong><\/p>\n<p> <\/p>\n<h2> How does the\u200c Pentagon&#8217;s failure to meet the necessary standards\u200b in the majority of its sub-audits reflect serious \u200dmismanagement within the\u2062 Department of Defense?<\/h2>\n<p><span>  \u200cSecret that the Pentagon&#8217;s inability \u200bto pass its annual financial \u2064audit is a \u200dcause for concern and a reflection of\u2063 serious mismanagement\u2062 within the Department of Defense. For six consecutive \u2063years, the Pentagon has \u200dfailed to meet the \u200bnecessary standards and provide a clear and accurate account of its \u200cfinancial activities.<\/p>\n<p>The\u2064 auditors have disclosed \u200dthat out of the 30 sub-audits conducted, the\u200c Pentagon has only achieved a clean rating in seven. This\u2063 means that\u200c the majority\u2064 of the sub-audits have \u2063either failed to meet the required standards, are still ongoing, or have been classified as &#8220;qualified&#8221;\u200c by Comptroller Mike \u2063McCord. This \u2064revelation further emphasizes the magnitude of the problem at hand.<\/p>\n<p>The size\u200c and complexity of the Pentagon&#8217;s budget, with its massive $3.8 trillion in assets and $4 trillion in liabilities, make it all \u2062the more crucial for the Department of Defense to have \u200b<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/flagrant-disregard-for-taxpayer-funds-pentagon-fails-sixth-consecutive-audit\/\" title=\"Pentagon's Sixth Audit: Blatant Neglect of Taxpayer Funds\">robust \u200bfinancial management practices<\/a> in place.\u200c However, the persistent failure to\u200b pass the annual \u200dfinancial audit undermines the credibility of the \u2063Department\u200d and raises questions\u2062 about its ability to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-passes-sixth-appropriations-bill-second-under-speaker-johnson\/\" title=\"House approves sixth appropriations bill, second under Speaker Johnson.\">effectively allocate resources<\/a>, manage \u2063contracts, \u200dand account for taxpayer dollars.<\/p>\n<p>Moreover, this failure\u2062 comes at\u200b a time when the Department of Defense faces other significant challenges.\u2062 Recent reports reveal that the \u2062Department was unable to accurately track the \u2064weapons\u200d and military equipment it had provided to \u2063Ukraine. Despite\u200d providing billions of dollars\u200c in military \u200daid, the Department lacked the\u2062 necessary systems to ensure proper accountability and oversight.<\/p>\n<p>These\u200d repeated failures highlight\u200b the urgent \u2063need \u200cfor accountability and transparency\u2064 within the\u2063 Pentagon. It is imperative that the Department \u200dof Defense \u2063takes immediate and rigorous steps to rectify its \u200dfinancial \u2063management practices. Conservative lawmakers, who\u200d have expressed their outrage at \u200bthis \u2064continuous \u200bfailure, are \u2062rightly demanding consequences \u2063for the Department. This should\u200c include a thorough investigation into the reasons\u200d behind the repeated failure to pass the audit and \u200cthe implementation of \u2063proper measures \u2064to prevent such failures in the future.<\/p>\n<p>The American public\u2063 deserves to have confidence in the Department of Defense and\u200b its ability to effectively manage its financial resources. It is \u200ccrucial that the Pentagon addresses these issues \u2062promptly\u200c and demonstrates\u200b its commitment to\u200c <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pentagon-fails-sixth-straight-audit\/\" title=\"Pentagon Fails Sixth Straight Audit\">responsible financial stewardship<\/a>. Only then can it\u2062 regain the \u200ctrust of the American people\u200c and \u200bensure that taxpayer dollars are\u2064 being well-spent\u200c and properly accounted for.<\/p>\n<p>In conclusion, the Pentagon&#8217;s failure to pass its\u200c annual financial audit for \u2062the sixth consecutive year is\u2063 deeply\u200d concerning. It not only reflects a lack \u200bof financial management \u2063within the\u2063 Department of Defense but also undermines its credibility and raises questions\u2063 about its ability to effectively allocate resources. Immediate action must be taken to rectify the situation, restore \u2063accountability, and ensure \u200ctransparency in order to regain public trust \u2063and\u200d ensure responsible use\u2062 of taxpayer\u200d dollars.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.\u00a0 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<\/p>\n","protected":false},"author":200,"featured_media":2101752,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-2101751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2101751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/200"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2101751"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2101751\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2101752"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2101751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2101751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2101751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}