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Pentagon can't account for $220 billion in gov't property, fails fifth audit

US Secretary of Defense Lloyd J. Austin (Photo by OLIVIER DOULIERY/POOL/AFP via Getty Images)

A Tuesday report by the Government Accountability Office revealed that the Department of Defense failed its fifth audit in a row after it could not account for at least $220 billion in government-furnished property, the Daily Caller News Foundation reported.

The DOD has been mandated by federal law to complete audits since 1994; however, the mandate was ignored for decades due to the agency's massive size, according to Military.com. Since launching its first independent audit in 2017, the Pentagon has never passed.

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