• Latest
  • Trending
  • All
  • News
  • Business
  • Lifestyle
Biden Admin Reveals $6.2B ‘Accounting Error’ – You Won’t Believe Where the Money Went

Biden Admin Reveals $6.2B ‘Accounting Error’ – You Won’t Believe Where the Money Went

June 21, 2023
NICOLE KELLY And STEVE ROBERTS: Ohio Can Set Trend For Broad Election Reforms In 2026 And Beyond

NICOLE KELLY And STEVE ROBERTS: Ohio Can Set Trend For Broad Election Reforms In 2026 And Beyond

December 19, 2025
Suspected Brown University Shooter Also Allegedly Killed MIT Professor

Suspected Brown University Shooter Also Allegedly Killed MIT Professor

December 19, 2025
JFK’s Grandson Blasts Vote To Add Trump’s Name To Kennedy Center, Says Board Was Silenced

JFK’s Grandson Blasts Vote To Add Trump’s Name To Kennedy Center, Says Board Was Silenced

December 19, 2025
Birthday Trip Ends in Horror: Moments Before Deadly Crash, Cristina Biffle Sent Chilling Text

Birthday Trip Ends in Horror: Moments Before Deadly Crash, Cristina Biffle Sent Chilling Text

December 19, 2025
KEVIN FRAZIER: Trump AI Executive Order Protects Americans From Tower Of Babel Approach

KEVIN FRAZIER: Trump AI Executive Order Protects Americans From Tower Of Babel Approach

December 19, 2025
Russell Brand Slams Katy Perry’s Romance With Justin Trudeau: ‘Don’t Put Me In a Category With That Guy’

Russell Brand Slams Katy Perry’s Romance With Justin Trudeau: ‘Don’t Put Me In a Category With That Guy’

December 19, 2025
Struggling American Workers Call ‘Bullsh*t’ On Democrats’ Bid To Keep H1-B Tap Flowing 

Struggling American Workers Call ‘Bullsh*t’ On Democrats’ Bid To Keep H1-B Tap Flowing 

December 18, 2025
Joy Behar Blasts Trump Over Obama, Biden Plaques

Joy Behar Blasts Trump Over Obama, Biden Plaques

December 18, 2025
Only Four Democrats Vote To Stop Taxpayer Funding Of Child Sex Changes In Medicaid

Only Four Democrats Vote To Stop Taxpayer Funding Of Child Sex Changes In Medicaid

December 18, 2025
Handful Of House Democrats Embrace Deregulation As America’s Grid Stares Down Disaster

Handful Of House Democrats Embrace Deregulation As America’s Grid Stares Down Disaster

December 18, 2025
Over $9 Billion Looted From Minnesota Medicaid Programs, Feds Say

Over $9 Billion Looted From Minnesota Medicaid Programs, Feds Say

December 18, 2025
Indicted Defendant In Somali Fraud Scandal Still Getting Millions From Minnesota, Says GOP Lawmaker

Indicted Defendant In Somali Fraud Scandal Still Getting Millions From Minnesota, Says GOP Lawmaker

December 18, 2025
  • Donald Trump
  • Tariffs
  • Congress
  • Faith
  • Immigration
Friday, December 19, 2025
  • Login
IJR
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls
No Result
View All Result
IJR
No Result
View All Result
Home News

Biden Admin Reveals $6.2B ‘Accounting Error’ – You Won’t Believe Where the Money Went

by Western Journal
June 21, 2023 at 7:02 am
in News
237 16
0
Biden Admin Reveals $6.2B ‘Accounting Error’ – You Won’t Believe Where the Money Went

US President Joe Biden takes part in an event discussing the opportunities and risks of Artificial Intelligence at the Fairmont Hotel in San Francisco, California, on June 20, 2023. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The Biden administration says it now has an additional $6.2 billion to spend on aid to Ukraine because the Pentagon made an accounting mistake.

Pentagon spokeswoman Sabrina Singh said replacement costs, rather than the book value of equipment the Pentagon sent from its stocks were used to determine the value of the military hardware sent to Ukraine, according to the Associated Press.

“We have confirmed that for FY23, the final calculation is $3.6 billion, and for FY22 it is $2.6 billion, for a combined total of $6.2 billion,” Singh said, according to CNN.

“These valuation errors in no way limit or restricted the size of any of our PDAs or impacted the provision of support to Ukraine,” she said, using the acronym for Presidential Drawdown Authority, the bureaucratic mechanism used to transfer weaponry in American hands to foreign nations.

In its reporting, CNN noted that “The extra $6.2 billion is likely to mitigate the need for Congress to pass an additional assistance package before the end of the fiscal year in September.”

“It’s just going to go back into the pot of money that we have allocated” for Ukraine, Singh said, according to AP.

Through mid-June, the U.S. has given Ukraine $34 billion in military aid as part of an overall spending package of $113 billion linked to the war in Ukraine, including the cost to replace weapons sent to Ukraine and aid to NATO allies supporting Ukraine.

Singh said the error was first noticed on March 31, according to the Defense Department.

Initially, the Pentagon said its math had been off by $3 billion, leading to some sharp questions last month from CNN’s Jake Tapper when he hosted national security adviser Jake Sullivan, according to Fox News.

“There was this very bizarre admission from the Pentagon this week of an accounting error that suggested that the U.S. has at least $3 billion that it didn’t know it had that it can use for Ukraine aid,” Tapper said.

“That’s a hell of an accounting error. And it provides a lot of fodder to critics of U.S. aid to Ukraine and critics who say there’s not enough oversight going on. Are you concerned about this accounting error?” Tapper said.

“That is not money that went out the door and disappeared,” Sullivan said then.

“That is not a waste of that $3 billion. It is simply a tally of how much military equipment we have given them. And the way that the Pentagon was counting it was what’s the replacement cost for the equipment we provide rather than just the actual cost of that equipment. Once you make that adjustment, it turns out we have an additional $3 billion that we can spend to provide even more weapons to Ukraine,” he said.

“At the end of the day, not one penny of U.S. dollars will have gone missing or have been misallocated,” Sullivan said.

Should someone be charged as a result of the ‘error’?

Completing this poll entitles you to our news updates free of charge. You may opt out at anytime. You also agree to our Privacy Policy and Terms of Use.
Yes: 100% (27 Votes)
No: 0% (0 Votes)

Aid for Ukraine has been a divisive idea. Republican Rep. Marjorie Taylor Greene of Georgia said recently that she might not approve the National Defense Authorization Act, which sets defense spending levels, if it supports the war.

I heard the National Defense Authorization Act may have money for Ukraine in it.

The NDAA should only fund our military for our defense.

I want to be able to vote for a good NDAA, but I will not if it funds Ukraine.

We should be pushing a peace deal not funding a war.

— Rep. Marjorie Taylor Greene?? (@RepMTG) June 13, 2023

“I heard the National Defense Authorization Act may have money for Ukraine in it. The NDAA should only fund our military for our defense. I want to be able to vote for a good NDAA, but I will not if it funds Ukraine. We should be pushing a peace deal not funding a war,” she wrote on Twitter.

Not all Republicans oppose aiding Ukraine.

Support for Ukraine is a direct investment in America’s own national security. U.S. assistance bolsters U.S. manufacturing, equips the U.S. military with new materials, and degrades Russia’s ability to threaten America.

— Leader McConnell (@LeaderMcConnell) June 12, 2023

“America’s support for Ukraine has done much more than sustain their defense. As I’ve said repeatedly, sending lethal Western capabilities to the front lines has been a direct investment in America’s own security. … Let me be clear: this assistance means more jobs for American workers and newer weapons for American service members,” Senate Minority Leader Mitch McConnell said last week, according to Politico.

This article appeared originally on The Western Journal.

Tags: Biden administrationDepartment of Defense DODmoneyUkrainewar
Share196Tweet123
Western Journal

Western Journal

Advertisements

Top Stories June 10th
Top Stories June 7th
Top Stories June 6th
Top Stories June 3rd
Top Stories May 30th
Top Stories May 29th
Top Stories May 24th
Top Stories May 23rd
Top Stories May 21st
Top Stories May 17th

Join Over 6M Subscribers

We’re organizing an online community to elevate trusted voices on all sides so that you can be fully informed.





IJR

    Copyright © 2024 IJR

Trusted Voices On All Sides

  • About Us
  • GDPR Privacy Policy
  • Terms of Service
  • Editorial Standards & Corrections Policy
  • Subscribe to IJR

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Thanks for reading IJR

Create your free account or log in to continue reading

Please enter a valid email
Forgot password?

By providing your information, you are entitled to Independent Journal Review`s email news updates free of charge. You also agree to our Privacy Policy and newsletter email usage

No Result
View All Result
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls

    Copyright © 2024 IJR

Top Stories June 10th Top Stories June 7th Top Stories June 6th Top Stories June 3rd Top Stories May 30th Top Stories May 29th Top Stories May 24th Top Stories May 23rd Top Stories May 21st Top Stories May 17th