Agency cuts and boosted spending: 10 biggest stories from DoD in 2018
Take a look back at this year's biggest stories from the Defense Department, from proposals to cut the Fourth Estate to attempts to streamline acquisition and the...
8. “Amid persistent accounting weaknesses, DoD fails to pass its first-ever financial audit”
After being hounded by Congress, interest groups, the public, taxpayer advocates and everyone else with a stake in DoD, the Pentagon finally completed its first-ever audit, and the results aren’t surprising: DoD didn’t pass. The technical term is DoD did not receive a clean audit for the more than $2.7 trillion in assets it owns. That comes as taxpayers shelled out $700 billion for DoD in 2018 and will give the military $717 billion in 2019.
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Amelia Brust
Amelia Brust is a digital editor at Federal News Network.
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