 |
|
|
The Hill | Senators introducing bill to penalize Pentagon for failed audits
A bipartisan group of Senators have introduced a bill that would penalize the Pentagon for failing to pass an audit.
The Audit the Pentagon Act of 2021, led by Senate Budget Committee Chairman Bernie Sanders (I-Vt.), centers around the Pentagon’s failure to pass an independent financial audit for the past several decades.
The bill would require military agencies to pass a full independent look at their finances every year beginning in fiscal 2022. Each year that any of the agencies fails to obtain a clean audit, one percent of their budget would be returned to the Treasury Department. |
|
|
