oh gosh darn it whoopsie doodle looks like there was a spill at the money factory

https://apnews.com/article/ukraine-russia-war-weapons-surplus-funding-72eeb6119439146f1939d5b1973a44ef

  • BeanBoy [she/her]
    ·
    1 year ago

    the department now has additional money in its coffers to use to support Ukraine

    Could someone ELI5 how this accounting works? They gave Ukraine extra which means the department now has extra? what

    • Abraxiel
      ·
      1 year ago

      As near I understand it, the materiel we supplied to Ukraine was valued $6.2bn higher than it should have been. I guess because materiel wasn't directly bought for Ukraine, but taken from what the US has. Whether this revaluation has any relation to the actual cost of making and acquiring this stuff is of course opaque.

    • usernamesaredifficul [he/him]
      ·
      1 year ago

      ah this accounting works because the government will just find a way to pay for the pentagons making money up in their budget.