Audit the Pentagon Act of 2021
- Last Action
- 5/19/2021
Actions
- 2021-05-19Read twice and referred to the Committee on Armed Services.
- 2021-05-19Introduced in Senate
CRS Summary
As of 2021-05-19 (00)
Audit the Pentagon Act of 2021
This bill requires the Department of Defense (DOD) to reduce spending for any department, agency, or other DOD element that DOD determines has not achieved an unqualified opinion on its full financial statements for the calendar year ending during that fiscal year.
Specifically, the amount available to such department, agency, or element for the fiscal year when the determination is made must be 1% less than the amount otherwise authorized to be appropriated. Amounts unavailable to such department, agency, or element must be applied on a pro rata basis against each program, project, and activity.
DOD must deposit such unavailable amounts in the general fund of the Department of the Treasury for purposes of deficit reduction.
Cosponsors (7)
- Charles Grassley (R-IA)
- Ron Wyden (D-OR)
- Mike Lee (R-UT)
- Elizabeth Warren (D-MA)
- Mike Braun (R-IN)
- Jeff Merkley (D-OR)
- Rand Paul (R-KY)
Subjects
- Accounting and auditing
- Budget deficits and national debt
- Defense spending
- Department of Defense
- Executive agency funding and structure
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.