Even though the Biden-Harris regime is thankfully nearing its end, it continues to display its sheer incompetence and corruption one final time before they leave.
In an unprecedented failure, the Department of Defense failed its 7th consecutive audit, incapable of providing a full accounting of the allocation of its $824 billion budget. It is not hard to imagine that many of these funds were wasted on pointless “diversity” projects forced upon our military by Biden and his Secretary of Defense Lloyd Austin, while the areas of defense that actually need this spending are totally ignored.
This is precisely why we need an outsider who will rein in this out-of-control spending and partisan infiltration of our military. Someone like Pete Hegseth is perfect for President-elect Trump’s incoming Secretary of Defense, precisely because he terrifies and outrages the woke generals who have let our military completely fail at every possible level.
Not only will President Trump bring back stability and prosperity in his second term, he will bring back accountability and responsibility in our government. In few places is this more important than in our military.
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Pentagon fails 7th audit in a row, unable to fully account for $824B budget
By Stephen Sorace
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.
But with the goal of achieving a clean audit by 2028, Michael McCord, Under Secretary of Defense (Comptroller) and Chief Financial Officer, said the agency “has turned a corner in its understanding of the depth and breadth of its challenges.”
“Momentum is on our side, and throughout the Department there is strong commitment—and belief in our ability—to achieve an unmodified audit opinion,” he said in a statement.
The objective of earning an unmodified audit opinion is mandated by the National Defense Authorization Act.
McCord told reporters at a briefing on Friday that he would not say that the agency “failed” as it had “about half clean opinions.”
“So if someone had a report card that is half good and half not good, I don’t know that you call the student or the report card a failure,” he said.
Independent public accountants and the DoD Office of Inspector General closely examined the financial statements for the audit.
McCord emphasized in a statement that the path to a clean audit is clear.
Read the original article at Fox News
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