Last year, it was announced that the US Department of Defense had failed an audit for its seventh straight year, indicating an ongoing inability to track its hundreds of billions of dollars in spending and inventories. Why does this keep happening? Why does the Pentagon get audited in the first place? And what can be done to fix it? On this episode, we speak with Julia Gledhill, a research analyst at the National Security Reform Program at the Stimson Center. She explains how the budgetary process works, as well as the prospects for the Pentagon ever actually passing an audit.
Odd Lots: Why the Pentagon Fails Audits Year After Year After Year
Julia joins Bloomberg’s Odd Lots podcast to discuss the Pentagon audit and military spending’s role in the economy
April 19, 2025
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Originally posted on Bloomberg
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