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A Pentagon spokeswoman announced Tuesday the Department of Defense had miscalculated the value of equipment sent to Ukraine, resulting in an accounting error that frees up billions more for the country’s war effort.
Pentagon spokeswoman Sabrina Singh made the announcement, saying the extra money will simply go “back into the pot.”
More from ABC News:
Pentagon spokeswoman Sabrina Singh said 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. She said final calculations show there was an error of $3.6 billion in the current fiscal year and $2.6 billion in the 2022 fiscal year, which ended last Sept. 30.
As a result, the department now has additional money in its coffers to use to support Ukraine as it pursues its counteroffensive against Russia. And it come as the fiscal year is wrapping up and congressional funding was beginning to dwindle.
“It’s just going to go back into the pot of money that we have allocated” for the future Pentagon stock drawdowns,” said Singh.
ABC reports the US thus far “has approved four rounds of aid to Ukraine in response to Russia’s invasion, totaling about $113 billion” — all as homelessness runs rampant in the US, and as the average American struggles to cope with soaring food and energy prices in the Biden-flation economy.