Chuck Grassley

United States Senator from Iowa

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Grassley on an Amendment to DoD’s Financial Management Systems

Jul 02, 2020
Prepared Floor Remarks by U.S. Senator Chuck Grassley of Iowa
On an Amendment to DoD’s Financial Management Systems
Thursday, July 2, 2020
 
The DoD is the only agency that can’t get a clean audit opinion.
 
For decades they’ve been saying that they’re almost there.
 
Now, they say it will be at least five years before a clean opinion can be reached.
 
One reason why is the outdated mess of hundreds of financial management systems.
 
Yet, they still want to spend almost 200 million dollars on an annual audit.
 
I urge my colleagues to support my amendment to pause the audit effort that is doomed to fail and instead invest in updating the DOD’s financial management systems.
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