Pentagon may be wasting a billion dollars a year in erroneous payments to contractors

By Richard H.P. Sia

Check-writing mistakes are said to be huge but the military is not tracking the problem closely enough to know for sure.

Excerpts from this story referencing "Tom Coburn":

"… o co-sponsored the law with Sen. Susan Collins, R-Maine, and others. Sen. Tom Coburn, R-Okla., ranking member of the committee, cited the GAO’s conclusions w …"

Pentagon's accounting shambles may cost an additional $1 billion

By R. Jeffrey Smith

DOD said its books wouldn't be clean until 2017; Panetta wants to move the deadline up

SEC’s ex-chief accountant: Is agency a lapdog or watchdog?

A former Securities and Exchange Commission official urged the regulator “to get serious about enforcement.”