{"id":1969799,"date":"2023-07-11T15:03:02","date_gmt":"2023-07-11T19:03:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-republicans-want-answers-on-pentagons-multi-billion-dollar-ukraine-accounting-error\/"},"modified":"2023-07-11T15:04:38","modified_gmt":"2023-07-11T19:04:38","slug":"senate-republicans-want-answers-on-pentagons-multi-billion-dollar-ukraine-accounting-error","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-republicans-want-answers-on-pentagons-multi-billion-dollar-ukraine-accounting-error\/","title":{"rendered":"Senate Republicans seek clarification on Pentagon&#8217;s Ukraine accounting blunder, demand answers."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsenate-republicans-want-answers-on-pentagons-multi-billion-dollar-ukraine-accounting-error%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1969799&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>A Multi-Billion-Dollar Accounting Mistake Raises Concerns<\/h2>\n<p>A handful of Senate Republicans are seeking answers regarding a significant accounting error involving United States military aid to Ukraine. This mistake, which amounts to billions of dollars, has sparked concerns about the Department of Defense&#8217;s ability to track its equipment overseas.<\/p>\n<h3>The Cost Overestimation<\/h3>\n<p>In late June, the Department of Defense revealed that it had overestimated the value of the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-announces-aid-package-to-ukraine-as-xi-and-putin-meet-in-moscow\/\" title=\"US announces aid package to Ukraine as Xi and Putin meet in Moscow\">military aid provided<\/a> to Ukraine by $6.2 billion over the past two fiscal years. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pa-county-reports-voting-machine-issues-affecting-republican-ballots-dominion-releases-statement\/\" title=\"PA County Reports Voting Machine Issues Affecting Republican Ballots; Dominion Releases Statement\u00a0\">error occurred<\/a> because <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-republicans-want-answers-on-pentagons-multi-billion-dollar-ukraine-accounting-error\/\" title=\"Senate Republicans seek clarification on Pentagon's Ukraine accounting blunder, demand answers.\">officials mistakenly recorded<\/a> the equipment provided to Ukraine as more expensive than it actually was. They were referencing the cost of the sophisticated weapons that were replacing the cheaper ones previously supplied to Ukraine.<\/p>\n<h3>Senate Republicans Demand Answers<\/h3>\n<p>Sens. Mike Braun (R-IN), Josh Hawley (R-MO), Mike Lee (R-UT), Roger Marshall (R-KS), and J.D. Vance (R-OH) have written a letter to Secretary of Defense Lloyd Austin, expressing their concerns about this miscalculation. They argue that the true cost to American taxpayers for supporting Ukraine should be based on the replacement cost, not the net book value.<\/p>\n<p>The senators also raise questions about the department&#8217;s intent to replace the weapons provided to Ukraine and how they are calculating this data. They emphasize the importance of accounting consistency and criticize the attempt to bypass Congress for additional funds. They believe that Congress, not the Department of Defense, should have the power of the purse.<\/p>\n<p>The lawmakers have set a deadline of August 10 for a response from Secretary Austin.<\/p>\n<h3>Additional Congressional Inquiries<\/h3>\n<p>Last week, House Oversight Chairman James Comer (R-KY) and Rep. Glenn Grothman (R-WI) sent a similar letter to Secretary Austin, requesting more information and a briefing on the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/how-the-government-will-try-to-take-over-crypto\/\" title=\"How The Government Will Try To Take Over Crypto\">accounting errors<\/a> and the Department of Defense&#8217;s efforts to replenish vital stockpiles for national security.<\/p>\n<p>Comer emphasizes the importance of protecting taxpayer funds and ensuring the department&#8217;s ability to account for its assets. He believes that this is crucial not only for the Ukrainian allies but also for the readiness and effectiveness of the U.S. military.<\/p>\n<p><strong>Click here to read more from The Washington Examiner.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A few Senate Republicans seek answers on a $6.2 billion accounting error in US military aid to Ukraine. The Department of Defense admitted overestimating the aid&#8217;s value in late June, spanning the past two fiscal years. The repercussions of this mistake remain uncertain.<\/p>\n","protected":false},"author":1,"featured_media":1969800,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1969799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1969799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1969799"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1969799\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1969800"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1969799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1969799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1969799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}