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Pentagon Audit: Ending Waste, Ensuring Financial Accountability.

This bill aims to force the Pentagon to get its finances in order. If the Department of Defense fails its audits, a portion of its budget will be cut and used to reduce the national debt. This ensures taxpayer money is spent efficiently and responsibly.
Key points
If the Pentagon fails a financial audit, its budget will be automatically reduced by 0.5% or 1% in subsequent years.
The cut funds will be used to reduce the national debt, potentially impacting public financial stability.
The bill protects spending on military personnel, their healthcare, and protective equipment from these cuts.
The President can waive the cuts if it would negatively affect national security or troops in combat zones.
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Additional Information
Print number: 118_HR_2961
Sponsor: Rep. Lee, Barbara [D-CA-12]
Process start date: 2023-04-27
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Audit the Pentagon Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_2961.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-04-27.

What are the main provisions?

Key points include:

  • If the Pentagon fails a financial audit, its budget will be automatically reduced by 0.5% or 1% in subsequent years.
  • The cut funds will be used to reduce the national debt, potentially impacting public financial stability.
  • The bill protects spending on military personnel, their healthcare, and protective equipment from these cuts.
  • The President can waive the cuts if it would negatively affect national security or troops in combat zones.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Lee, Barbara [D-CA-12].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Armed Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

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Security Economy Public Investments