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{UAH} PENTAGON FOUND SOME WHOOPS IN SOME CHANGE THEY GAVE TO ZELENSKY

Friends

 

The problem with Democrats that frustrates everyone, is that no one gets fired, no one gets questioned, no one gets charged. They all protect each other, and all find these 2 Billion dollars here and there as simple blips. People work hard to get these moneys, people pay taxes through their nose, and it just get squandered in this manner. It is under Democrats where you will never see a transfer, a change of leadership in a department, no one moves, honestly a man like Blinken that has become so useless, should have lost that job at this point, don't you  wonder that he is in Middle East today? To do what exactly? He is in a region where no one wants to talk to him, but he is a Democrat and Democrats change no body.

 

And you can post as many as of these reports as you want and a Horse will respond with "Republicans are war mongers"

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Pentagon "Discovers" Additional $2 Billion in Accounting Errors for Ukraine Aid

The Pentagon has recently uncovered an additional $2 billion in accounting errors related to the valuation of military aid sent to Ukraine. This discovery increases the total amount of improperly valued material to $8.2 billion, as revealed by a recent U.S. Government Accountability Office (GAO) report​.

The issue stems from the Pentagon's use of "replacement value" instead of "depreciated value" to calculate the worth of ammunition, missiles, and other military equipment dispatched to Ukraine. This miscalculation, initially identified in 2023, resulted in a $6.2 billion overstatement. https://twitter.com/i/status/1815464290453004585

The latest findings have identified a further $2 billion in overstatements, paving the way for additional aid to Ukraine to match the amounts previously authorized by the Biden administration​.

The GAO report highlighted that vague accounting definitions and the absence of specific valuation guidelines under the Presidential Drawdown Authority contributed to these errors. One notable example included in the report cited the valuation of 10 vehicles at $7,050,000, whereas documentation showed they should have been valued at zero due to their net book value being fully depreciated​).

In response to these findings, the GAO has issued seven recommendations to the Department of Defense, urging it to refine its accounting guidance and develop specific procedures for valuing defense articles.

The Pentagon has agreed with these recommendations and has outlined steps to address these discrepancies​.

The implications of these accounting errors are significant, particularly as they allow for an increased flow of military aid to Ukraine amidst its ongoing conflict with Russia. The errors also underscore the complexities and challenges in the financial management of extensive military aid programs. The GAO has recommended that Congress take action to clarify the definition of value in the context of defense articles to prevent future inconsistencies​.

This development comes as the U.S. continues to support Ukraine's defense efforts against Russian aggression, highlighting the need for accurate and transparent accounting in the administration of international military aid.

 

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