At the beginning December 2017, the comptroller of the Department of Defense (DoD) David Norquist announced that DoD would conduct its first ever audit. According to Mr. Norquist, “It is important that the Congress and the American people have confidence in DoD’s management of every taxpayer dollar.” Given that President Trump subsequently signed the 2018 National Defense Authorization Act – authorizing nearly $700 billion for DoD and that the Pentagon has an estimated $2.4 trillion in assets – an audit is long overdue.
