The Pentagon has announced that in 2018, there will be a financial audit of the Department of Defense, the first one in its history. The Defense Department’s comptroller, David L. Norquist, said that “Beginning in 2018, our audits will occur annually, with reports issued Nov. 15.”
2,400 auditors will carry out the duties, going through the various records and examining bases, weapons, and property from the Department of Defense, an estimated $2.4 trillion in assets. In an interview with DefenseNews in August, Norquist called the audit, “a great opportunity.”
This comes amidst the House and Senate sending a $700 billion defense bill to President Trump’s desk, a total that’s far above the spending caps laid out in the 2011 Budget Control Act. Congress would have to raise these caps in order to enact the defense bill and Democrats will likely want an increase in non-defense discretionary spending to supplement this deal.
The news of the audit comes at an opportune time when many are pushing for an increase in defense spending. It is important that Pentagon leadership keeps track of every dollar they receive and that all of their resources are going to protecting our national defense. At a time when spending seems to grow year after year, this is a step in the right direction.