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The global increase in fuel prices is estimated to cost the Pentagon over $3 billion more in fiscal 2022 than it had originally expected, the department’s comptroller told lawmakers on Wednesday. While the final FY ‘22 budget Congress passed in March factored in $1.5 billion to cover increased fuel costs, DoD Comptroller Mike McCord said the Pentagon believes the current rate of inflation will likely leave another $1.8 billion in fuel cost increases through the end of the fiscal year.…
