Last year, the DOD failed its fifth audit and was unable to account for over half of its assets, which are in excess of $3.1 trillion, or roughly 78 percent of the entire federal government.
June 25, 2023

In a release from Bernie Sanders' office, a statement announcing a bipartisan Senate push to audit military spending.

WASHINGTON, June 21 – As the recent debt ceiling deal increased military spending to $886 billion for fiscal year 2024, Sens. Bernie Sanders (I-Vt.) and Chuck Grassley (R-Iowa), along with Sens. Ron Wyden (D-Ore.), Mike Lee (R-Utah), Elizabeth Warren (D-Mass.), Mike Braun (R-Ind.), Jeff Merkley (D-Ore.), Rand Paul (R-Ky.), Ed Markey (D-Mass.), and Tammy Baldwin (D-Wis.), today introduced legislation that would require the Department of Defense (DOD) to finally pass a full, independent audit in fiscal year 2024. If enacted, the Audit the Pentagon Act of 2023 would require any DOD component that fails to complete a clean audit opinion to return 1 percent of its budget to the Treasury for deficit reduction.

“The Pentagon and the military industrial complex have been plagued by a massive amount of waste, fraud, and financial mismanagement for decades. That is absolutely unacceptable,” said Sanders. “If we are serious about spending taxpayer dollars wisely and effectively, we have got to end the absurdity of the Pentagon being the only agency in the federal government that has never passed an independent audit.”

“From buying $14,000 toilet seats to losing track of warehouses full of spare parts, the Department of Defense has been plagued by wasteful spending for decades. Every dollar the Pentagon squanders is a dollar not used to support service members, bolster national security or strengthen military readiness,” Grassley said. “The Department of Defense should have to meet the same annual auditing standards as every other agency.”

“Taxpayers can’t keep writing blank checks – they deserve long-overdue transparency from the Pentagon about wasteful defense spending,” Wyden said. “If the Department of Defense cannot conduct a clean audit, as required by law, Congress should impose tough financial consequences to hold the Pentagon accountable for mismanaging taxpayer money.”

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