Pentagon Fails Sixth Consecutive Audit

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.
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 failed, three are still taking place, and one was “qualified,” according to Comptroller Mike McCord.

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