Oops: $3 Billion Pentagon Accounting Error Means More Arms for UkraineSimon Kent 19 May 2023
What’s a lazy couple of billion in U.S. taxpayer dollars when there’s a war in Eastern Europe to fight? That question was answered Thursday when the Defense Department revealed it can send more weapons to Ukraine without Congress spending approval after the Pentagon overestimated the value of the arms it has already sent Kyiv by some $3 billion.
AP reports the error was caused when officials wrongly used valuation for new equipment, rather than for used equipment drawn from U.S. stocks, to assess the cost of weapons already despatched to the war zone.
The poor accounting methodology has been exposed as the Pentagon faces increased pressure by Congress to show accountability for the billions of dollars it has sent in weapons, ammunition, equipment, and training to Ukraine and as some lawmakers question whether that level of support is sustainable, as Breitbart News reported.
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https://www.breitbart.com/politics/2023/05/19/oops-3-billion-pentagon-accounting-error-means-more-arms-for-ukraine/
