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☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 2 years ago

The Pentagon said Tuesday that it overestimated the value of the weapons it has sent to Ukraine by $6.2 billion over the past two years. The war has been an incredible grift on American taxpayers.

apnews.com

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The Pentagon said Tuesday that it overestimated the value of the weapons it has sent to Ukraine by $6.2 billion over the past two years. The war has been an incredible grift on American taxpayers.

apnews.com

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 2 years ago
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Pentagon accounting error provides extra $6.2 billion for Ukraine military aid
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The Pentagon says it overestimated the value of the weapons it has sent to Ukraine by $6.2 billion over the past two years, resulting in a surplus that will be used for future security packages. The total surplus is about double early estimates. Pentagon spokeswoman Sabrina Singh says a detailed review of the accounting error found that the military services used replacement costs rather than the book value of equipment that was pulled from Pentagon stocks and sent to Ukraine. As a result, the department has additional money to use to support Ukraine as it pursues its counteroffensive against Russia.
  • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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    2 years ago

    Where do you think that money ends up exactly, think it’s going to recirculate back into the economy or end up continue being allocated to the Pentagon?

    • DiggV4@sh.itjust.works
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      2 years ago

      The money that they could have spent but didn’t spend? Presumably they’ll spend it on more Ukrainian aid.

      • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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        2 years ago

        If by Ukrainian aid you mean general embezzling and lining the pockets of the oligarchs then certainly.

        • DiggV4@sh.itjust.works
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          2 years ago

          Show evidence.

          • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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            2 years ago

            I mean it’s not like this is some big secret

            • https://responsiblestatecraft.org/2022/11/22/why-cant-the-dod-get-its-financial-house-in-order/
            • https://web.archive.org/web/20221221134308/https://www.yahoo.com/now/deluge-money-ukraine-puts-pentagon-120000547.html
            • https://archive.ph/NSfx0
    • oehm@lemmy.ml
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      2 years ago

      That money was already taxed for the defense budget. It would’ve never been used for anything other than whatever DoD decided to spend it on.

      • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
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        2 years ago

        Biden raised Pentagon budget as I recall, and the proxy war was one of the main justifications for that the other being deranged fantasies about having a war with China.

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