Pentagon Restructuring
Pentagon Restructuring

Improve the processes used to budget for and manage foreign currency fluctuations

In 2018, GAO recommended four separate options for the Pentagon to find the most cost-effective foreign currency rates when paying for goods and services overseas. DOD "generally concurred" with the recommendations but has yet to take action.

SAVINGS

Hundreds of millions

STATUS
LINKS

The Problem

Readiness versus Waste

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    “If we are going to effectively tackle the long-term national security threat posed by our national debt, then we need to seriously examine how our defense dollars are being spent. Waste and inefficiency within the Pentagon not only contributes to our nation’s debt and deficit, it also diminishes the effectiveness of our nation’s armed forces."

    Dan Caldwell, USMC (ret.)
    Concerned Veterans for America
    Dan Caldwell, USMC (ret.)
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    “I'm concerned that our increasing fractious political process, particularly with respect to federal spending, is threatening our ability to properly defend our nation both in the short term and especially in the long term."

    Dan Coats
    Director of National Intelligence
    Dan Coats
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    “This guide is a much-needed first step toward encouraging politicians to consider all available options for substantive Pentagon reform. Our troops deserve better than broken bureaucracy, and politicians shouldn't fool themselves into thinking that throwing money at the problem is the solution."

    Capt. Dan Grazier, USMC (ret.)
    Project on Government Oversight
    Capt. Dan Grazier, USMC (ret.)