Pentagon’s Budget Is Nearly $1 Trillion. It’s Now Failed 7 Audits in a Row.
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The Pentagon announced late last week that it failed its seventh consecutive audit as the sprawling, profiteering-ridden department wasn’t able to fully account for its trillions of dollars in assets. As with its past failures to achieve a clean audit, the U.S. Defense Department attempted to cast the 2024 results in a positive light, with the Pentagon’s chief financial officer declaring in a…