While we have reasonable controls over much of our budgetary information, it is unacceptable to me that DOD cannot produce a financial statement that passes all financial audit standards. That will change. I have directed that this requirement be put in place as soon as possible. America deserves nothing less.
Panetta emphasizes the need for DOD to meet financial audit standards.
Share
More from Leon Panetta
Autocrats that once operated in their own spheres of influence have now joined together in an axis of mutual support and aggression.
I think America will be back fighting Iran again in a few years, no matter what happens now.
The message that went out from this meeting to the world is that United States credibility in dealing with our allies has taken a real hit.
Other voices in this conversation
