3.12.2024

Congress has the power of the purse…

Pentagon will give Ukraine $300 million in weapons even as it lacks funds to replenish US stockpile

It’s the Pentagon’s first announced security package for Ukraine since December, when it acknowledged it was out of replenishment funds. It wasn’t until recent days that officials publicly acknowledged they weren’t just out of money to buy replacement weapons, they are $10 billion overdrawn.

…but the Executive branch, apparently, has the power of the overdraft. And a billion here, a billion there…pretty soon you're talking about real money.

In the scheme of things, the money's not as important as time. Even with all our manufacturing capacity ramped up to full speed, it'll take a long time to replace all that stuff. And time is something we could easily run out of, even if money's not.

It's going to be a dangerous year.

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