Dec 6, 2016

Pentagon buried study that found $125 billion in wasteful spending: report

A Defense Department study that proposed cutting $125 billion in administrative waste from the Pentagon budget was buried amid concerns the findings would give Congress an excuse to further slash defense spending, The Washington Post reported Monday. The report, issued in January 2015, identified a ...

U.S., Israel to sign record military aid deal

Sep 14, 2016

U.S., Israel to sign record military aid deal

The United States and Israel have agreed on a record $38 billion package of U.S. military aid and will sign the pact on Wednesday, enshrining defense funding for Washington's closest Middle East ally for the next decade, officials said. The deal will represent the biggest ...

Aug 20, 2016

U.S. Army fudged accounts by trillions of dollars, auditor finds

The United States Army's finances are so jumbled it had to make trillions of dollars of improper accounting adjustments to create an illusion that its books are balanced. The Defense Department's inspector general, in a June report, said the army made $2.8 trillion in wrongful ...