February 8, 2023

DoD Fails 2nd Audit – No Surprise

DoD Fails Audit

DoD’s second-ever financial audit shows some progress, but uncovers more new problems than fixes. DoD has 3 million employees, 4,500 defense sites in 160 countries, a $292 billion inventory, more than $2.9 trillion in total assets, and $2.8 trillion in liabilities.