Keep in mind that prior to 2018, the Pentagon didn’t conduct any formal audits but was able to track $ trillions in transactions-the missing money.
Insights for Navigating an Uncertain World
Keep in mind that prior to 2018, the Pentagon didn’t conduct any formal audits but was able to track $ trillions in transactions-the missing money.
📈 OUT NOW 📉 The latest DoD OIG report provides an overview of the DoD's weaknesses in internal controls that can prevent the DoD from obtaining a clean audit opinion by FY 2028. Read the report 🔗 https://t.co/vOcncQfOON pic.twitter.com/9sbUcRwkof
— DoD Office of Inspector General (@DoD_IG) June 18, 2025
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
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