Leon Panetta actually said...

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.

Context

Panetta emphasizes the need for DOD to meet financial audit standards.

01/15/2014

https://www.congress.gov...

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