The Pentagon fails its fifth audit in a row

If the Defense Department can’t get its books straight, how can it be trusted with a budget of more than $800 billion per year? Last week, the Department of Defense revealed that it had failed its fifth consecutive audit. “I would not say that we flunked,” said DoD Comptroller Mike McCord, although his office did note that the Pentagon only managed to account for 39 percent of its $3.5 trillion in assets. “The process is important for