Washington, D.C. – House Armed Services Committee Ranking Member Adam Smith (D-WA) released the following statement about the Department of Defense’s latest financial statement audit report:

“Members of Congress have worked tirelessly to require that the Pentagon finally undergo an audit, and we succeeded in requiring an audit by law in efforts led by the Armed Services Committee. If we want to reduce defense waste, have greater transparency over defense dollars, and eliminate mismanagement, it is essential that we get the Defense Department to a position where Congress, taxpayers, and DOD itself can track and account for the money that is being used. The results in this report show exactly why it is so important that we continue to press forward with that effort.”