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The Latest Breaking News from Michael McCord

'Elon Musk is right,' Bernie Sanders admits, agreeing the defense budget needs to be cut because the Pentagon has 'lost track of billions'

The unlikely duo have their eyes on the Department of Defense, which has repeatedly failed its audits.

Fortune

Pentagon Fails 7th Audit in a Row but Hopes To Pass by 2028

Congress required all federal agencies to submit annual financial reports in 1990. The Pentagon finally got around to complying in 2018, and it still hasn't passed an audit.

Reason

Pentagon Fails Seventh Consecutive Audit, Aims For Clean Opinion By 2028

Pentagon's audit challenges and progress towards financial transparency and accountability in 150 characters.

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Australia faces subs challenge in US, nuclear at home

Australia is contending with a backed up US production line for its nuclear-powered submarine while the government works to put in place safeguards at home.

AAP

Pentagon Fails Sixth Audit in a Row

Though federal law has required annual financial reports, the Department of Defense simply did not complete them until 2018. It has since failed each year.

Reason

Is US funding for Ukraine under threat?

US President Joe Biden faces hardening scepticism from Republicans over aid to Kyiv. What does this mean for Ukraine?

Al Jazeera

The Pentagon warns Congress it is running low on money to replace weapons sent to Ukraine

The Pentagon is warning Congress that it is running low on funding to replace weapons the U.S. has sent to Ukraine and has already been forced to slow down resupplying some troops

The Independent UK

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Ukraine aid left out of US government funding package, raising questions about future support

Congressional supporters of Ukraine say they won’t give up

The Independent UK

Ukraine aid left out of government funding package, raising questions about future US support

Congressional supporters of Ukraine say they won’t give up after a bill to keep the federal government open excluded President Joe Biden’s request for more security assistance for the war-torn nation

The Independent UK

Defense budget speeds toward $1 trillion, with China in mind

The Pentagon intends to load up on advanced missiles, space defense and modern jets in its largest defense request in decades in order to meet the threat it perceives from China

The Independent UK

Pentagon may need more budget funding to help Ukraine

The Pentagon says it may have to go back to Congress for additional money to support Ukraine’s battle to defeat Russia’s invasion

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