Pentagon’s finances remain a mess, GAO report finds

Published May 13, 2014 10:45pm ET



The Department of Defense isn’t getting any better at managing its money, a new Government Accountability Office report shows.

DOD’s total assets — which account for 33 percent of the federal government’s — may not be fully accounted for. This includes inventory worth $254 billion and property and equipment worth $1.3 trillion, according to the GAO report.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.