Audit the Pentagon Act of 2023

3/13/2024, 7:31 AM
Read twice and referred to the Committee on Armed Services.
Bill 118 s 2054, also known as the Audit the Pentagon Act of 2023, is a piece of legislation introduced in the US Congress with the aim of requiring the Department of Defense to undergo a comprehensive financial audit. The bill seeks to increase transparency and accountability within the Pentagon by mandating that an independent auditor conduct a thorough examination of the department's financial statements.

The Audit the Pentagon Act of 2023 is designed to address concerns about the lack of oversight and accountability in the Department of Defense's budgeting and spending practices. By requiring a full-scale audit, the bill aims to identify any potential waste, fraud, or abuse of taxpayer dollars within the Pentagon's budget.

Supporters of the bill argue that a financial audit of the Department of Defense is long overdue and necessary to ensure that taxpayer funds are being used efficiently and effectively. They believe that increased transparency and accountability will help to improve the overall management of the Pentagon's budget and operations. Opponents of the bill may argue that the audit process could be costly and time-consuming, potentially diverting resources away from critical defense priorities. However, proponents of the legislation maintain that the benefits of increased accountability and oversight outweigh any potential drawbacks. Overall, the Audit the Pentagon Act of 2023 represents a bipartisan effort to promote transparency and accountability within the Department of Defense. If passed, the bill would mark a significant step towards ensuring that taxpayer dollars are being used responsibly and effectively within the Pentagon.
Congress
118

Number
S - 2054

Introduced on
2023-06-20

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

6/20/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Read twice and referred to the Committee on Armed Services.
Bill 118 s 2054, also known as the Audit the Pentagon Act of 2023, is a piece of legislation introduced in the US Congress with the aim of requiring the Department of Defense to undergo a comprehensive financial audit. The bill seeks to increase transparency and accountability within the Pentagon by mandating that an independent auditor conduct a thorough examination of the department's financial statements.

The Audit the Pentagon Act of 2023 is designed to address concerns about the lack of oversight and accountability in the Department of Defense's budgeting and spending practices. By requiring a full-scale audit, the bill aims to identify any potential waste, fraud, or abuse of taxpayer dollars within the Pentagon's budget.

Supporters of the bill argue that a financial audit of the Department of Defense is long overdue and necessary to ensure that taxpayer funds are being used efficiently and effectively. They believe that increased transparency and accountability will help to improve the overall management of the Pentagon's budget and operations. Opponents of the bill may argue that the audit process could be costly and time-consuming, potentially diverting resources away from critical defense priorities. However, proponents of the legislation maintain that the benefits of increased accountability and oversight outweigh any potential drawbacks. Overall, the Audit the Pentagon Act of 2023 represents a bipartisan effort to promote transparency and accountability within the Department of Defense. If passed, the bill would mark a significant step towards ensuring that taxpayer dollars are being used responsibly and effectively within the Pentagon.
Alternative Names
Official Title as IntroducedA bill to ensure that the Department of Defense achieves a clean audit opinion on its financial statements.

Policy Areas
Armed Forces and National Security

Comments

Recent Activity

Latest Action6/20/2023
Read twice and referred to the Committee on Armed Services.