The hearing ? titled "License to Steal: Administrative Oversight of Financial Control Failures at the Department of Defense" ? will include release of two new audit reports of the General Accounting Office, along with a detailed staff report of unauthorized and improper payments made by the DoD. The Grassley staff examination was done in coordination with the Air Force Office of Financial Management. Grassley said the information shows that "failure by the DoD to exercise proper accounting procedures has resulted in fraud and mismanagement of the taxpayers' money."
The GAO reports and an explanation of the staff report will be available at the briefing, which is scheduled to begin at 12 noon in SDG-11. The hearing will follow at 1:00 p.m., in SD- 226.
Grassley will conduct the hearing as chairman of the Judiciary Subcommittee on Administrative Oversight and the Courts.