• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

What To Expect When Quitting Alcohol

March 6, 2026

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, March 7
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    US Lost Jobs In February, Showing Weaker Economy Than Expected

    March 6, 2026

    Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

    March 3, 2026

    Ford Recalls Over 4,000,000 Vehicles For Software Glitch

    February 26, 2026

    Jamieson Greer Says Trump Still Has ‘Very Durable Tools’ For Tariffs, Trade Deals

    February 22, 2026

    Scott Bessent Lays Out Future Of Trump’s Tariffs, Trade Deals

    February 22, 2026
  • Finance

    How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

    February 18, 2026

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»World»$3 Billion Pentagon Accounting Error Means More Arms for Ukraine
World

$3 Billion Pentagon Accounting Error Means More Arms for Ukraine

May 21, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

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.

The $113 billion in U.S. aid to Ukraine has eclipsed the annual military budget of every country in the world except the United States and China. https://t.co/gqwjMZMXRF

— Breitbart News (@BreitbartNews) December 26, 2022

In many of the military aid packages, the Pentagon has opted to drain stockpiles of older, existing gear because it can get those items to Ukraine faster. Pentagon spokeswoman Sabrina Singh addressed the financial mess by saying:

During our regular oversight process of presidential drawdown packages, the Department discovered inconsistencies in equipment valuation for Ukraine.

In some cases, ‘replacement cost’ rather than ‘net book value’ was used, therefore overestimating the value of the equipment drawn down from U.S. stocks.

She added the mistake hasn’t constrained U.S. support to Ukraine or hampered the ability to send aid to the battlefield.

See also  China's Xi to visit Russia March 20, his first visit since Ukraine war

According to the AP report, a defense official said the Pentagon is still trying to determine exactly how much the total surplus will be.

The official, who spoke on condition of anonymity to discuss internal deliberations, said the comptroller has asked the military services to review all previous Ukraine aid packages using the proper cost figures.

Biden announced Wednesday afternoon he has approved sending 31 Abrams M1 main battle tanks to Ukraine, in an escalation of U.S. support for the war as it nears the one-year mark. https://t.co/fx60Tkga3e

— Breitbart News (@BreitbartNews) January 25, 2023

The result, said the official, will be that the department will have more available funding authority to use as the Ukraine offensive nears.

The aid surplus was first reported by the Wall Street Journal.

To date the U.S. has provided Ukraine nearly $37 billion in military aid since Russia invaded in February 2022.

The rush of U.S. weapons to Ukraine has already sparked a warning that domestic military stockpiles have been pushed to “dangerously low levels” not seen for decades, as Breitbart News reported.

Follow Simon Kent on Twitter: Follow @SunSimonKent or e-mail to: skent@breitbart.com

Accounting arms Billion Error Means Pentagon Ukraine
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

What Mental Health Really Means (And Why It’s More Than “Being Happy”)

January 9, 2026

Shoppers Up In Arms About Products, Services At Never-Before-Seen Levels: REPORT

November 28, 2025

Massive Conglomerate Gobbles Up Tylenol Maker In $48.7 Billion Mega-Deal

November 3, 2025

John Deere To Invest $20 Billion Into US Operations

August 9, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

How Venezuela Tried — and Failed — to Run a Crypto Scam

January 30, 2024

Cyber Attack on Clorox Causes Product Availability Issues

September 19, 2023

Sean Strickland breaks silence on replacing Dricus Du Plessis against Israel Adesanya

July 21, 2023

Post Office To Purchase EVs From US Auto Giant That Just Inked Deal With Chinese Firm

March 1, 2023
Don't Miss

What To Expect When Quitting Alcohol

Lifestyle March 6, 2026

Quitting alcohol may not be the hardest thing a person does, but it will not…

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026

Trump Cuts Off Trade To Spain After Nation Bucked US On Iran War

March 3, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,307)
  • Entertainment (4,220)
  • Finance (3,203)
  • Health (1,938)
  • Lifestyle (1,840)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Sen. John Fetterman to return to Senate Monday following health scare

February 16, 2023

Panthers Beat Hurricanes in Four Overtimes

May 19, 2023

Exclusive: Malaysia plans to set up second 5G network from next year

April 16, 2023
Popular Posts

What To Expect When Quitting Alcohol

March 6, 2026

US Lost Jobs In February, Showing Weaker Economy Than Expected

March 6, 2026

110 Funny Anniversary Quotes and Messages That Will Make You Laugh

March 6, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.