President Biden initially requested a $33 billion package, which the House increased to $40 billion and then passed. "The Democrats are sending another $40 billion to Ukraine, yet America's parents are struggling to even feed their children," Trump said in a statement released by . That seems quite sensible since successful prosecutions require meticulous collection of evidence. Ukraine aid. Will lib late-night hosts also mock this FBI tweet about where COVID likely originated? Biden's funding bill for Ukraine includes over $20 billion in weapons and security assistance for Ukraine, $6 billion for the Ukraine Security Assistance Initiative, and $4 billion for the State Departments Foreign Military Financing program. With these decisions ahead, it is worth reviewing how much aid there has been, what that . A 31-year-old diagnosed with hyperparathyroidism, Anwer was unable to get surgery in Pakistan because of limited technology. $15 million for U.S. troop pay related to the war; and Even from a non-interventionist perspective, there is a good argument for the money. $1.8 billion in U.S. military equipment for Ukraine; Cheryl Teh. Some were critical of where the money was going and Biden's strategy. Factbox: The big items in Washington's $40 billion Ukraine aid package | Reuters Newsletter | Every weekday. Market data provided by Factset. Sign up here. When we talk about bleeding Russia, what we are really talking about is more dead Russian soldiers, more dead Ukrainian soldiers, and more death and destruction for the innocent civilians inhabiting the battleground in Ukraine. Forward this to a friend and let them know where they can subscribe (hint: it's here). The House passed a roughly $40 billion supplemental package of military, economic and humanitarian aid for Ukraine on Tuesday night just hours after Democratic leaders introduced the bill.. The big picture: The vote passed 368-57, hours after congressional leaders struck a deal on the aid which Axios' Alayna Treene notes is billions more than the $33 billion the White House initially requested. There is strong bipartisan support for helping Ukraine. $350 million for the State Departments Migration and Refugee Assistance; Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. BIDEN SAYS HE'S WORRIED PUTIN 'DOESN'T HAVE A WAY OUT' OF UKRAINE WAR. What Does $40 Billion in Aid to Ukraine Buy? WASHINGTON (AP) The House emphatically approved a fresh $40 billion Ukraine aid package Tuesday as lawmakers beefed up President Joe Biden's initial request, signaling a magnified,. By providing such a large amount of authority, the administration will not need to come back to Congress for a long time and thereby speed up the process of providing support. 40 Billion Ukraine Bill Breakdown. The bill, approved in a 368-57 vote, provides myriad support to. Many consider this one of the most consequential terms in Supreme Court history. C ongress passed a $1.5 trillion spending package Thursday that sends further military and humanitarian assistance to Ukraine and . What constitutes a nationalist foreign policy is open to debate, but the bill, and our broader support for Ukraine, falls comfortably within a common-sense definition. However, it is just as true that the $40 billion proposal is fiscally irresponsible and the epitome of everything that is. Although justified by events in Ukraine, the language is flexible enough that the funding could cover a wide variety of projects. This should be a red flag to everyone that there are problematic proposals buried in this spending package that leadership didnt want Americans to have time to find. Has the administrations goal shifted to destabilizing Vladimir Putin or having him removed? The wars extension with no diplomatic solutions even on the horizon is horrifying. If Ukraine had fallen in days or weeks, it's totally reasonable to believe Putin would have set his sights on the rest of Eastern Europe. In remarks on the Senate floor Thursday, Sen. Rand Paul (R-KY) spoke about why he was blocking a $40 billion Ukraine bill.Stay ConnectedForbes on Facebook: h. Would you rather listen? Congress is trying yet again to ram through a spending bill one that I doubt anyone has actually read and theres no oversight included into how the money is being spent. ", The House of Representatives on December 18, 2019, in Washington, D.C. (Photo by Samuel Corum/Getty Images), The president said the aid "has been critical to Ukraine's success on the battlefield.". If you're going to arm a vulnerable ally to the teeth, this is probably the best way to do it. Hurricanes are the classic example, but the early stages of conflicts are also unforeseen. The government wasnt reliant on the U.S. military to prop it up and to cajole reluctant recruits to defend it. WASHINGTON Kentucky Republican Sen. Rand Paul defied leaders of both parties Thursday and single-handedly delayed until next week Senate approval of an additional $40 billion to help. Media Relations Manager, External Relations. 1616 Rhode Island Avenue, NW The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. A protracted war means protracted misery, not just for Putin and his forces but for Ukrainians, too. Defense Production Act ($600 million): This will support expansion of the missile production base and, according to the, Research and development (R&D) ($364 million): The purpose of this funding is vaguely described in the. U.S. military forces will likely be there for a while. Sign up to receive The Evening, a daily brief on the news, events, and people shaping the world of international affairs. Great! An additional roughly $20 billion is for Ukraine bilateral assistance, the State Department, international organizations, and other agencies, and includes: $8.77 billion in economic assistance for Ukraine; Have thoughts about "my take?" Washington, DC 20036. Greg Nash/Pool via AP, File. Ukraine and countries affected by the situation in Ukraine, including NATO Eastern flank countries and other partners in the region, to build and update their capabilities. After spending some time there, and being embraced by the local community, he said he feels like Birmingham's "second son." Some praise Biden for deftly handling Ukraine's defense and rallying our allies. The bill, which includes military, economic and humanitarian assistance to. In NBC News, Sbastien Roblin wrote about why our military aid is working. USAID will use the funding to provide emergency food assistance to people around the world suffering from hunger as a result of the conflict in Ukraine and other urgent humanitarian needs of populations and communities inside Ukraine.. Watchdog experts say decisively that's a huge problem. Because this is the authority to do something in the future and not the provision of actual equipment or funding, it does not constitute currently provided military support. The legislation would provide $40 billion in emergency funding to "support the Ukrainian people and defend global democracy in the wake of Russia's unprovoked attack on Ukraine." The legislation, among other things, provide: $350 million for Migration and Refugee Assistance for refugee outflows from Ukraine "While a small portion of these funds will go to humanitarian aid for Ukraine, the vast majority will go into the coffers of weapons manufacturers such as Raytheon, Lockheed Martin, Boeing and the usual suspects. Putin is a cautious man, but accidents happen, and miscalculations with nukes sting. House of representatives approved more than $40 billion more aid for ukraine on tuesday, as congress races to keep military. Another 13% ($246 billion) is for extending additional unemployment funding of $400 a week . This urgent package includes military aid, support for the Ukrainian economy, and humanitarian assistance for food security to address the worldwide hunger crisis stemming from Putins invasion.. This package breaks that pattern. The legislation, which was . The U.S. House of Representatives boosted the sum to roughly $40 . In order to oversee the disbursement of funds, the Department of State Inspector General and USAID Inspector General received a combined $5 million. The sum comes just over the $33 billion President Biden initially requested from the chamber. The bill is now in the Senate, and Sen. Rand Paul recently explained why hes objecting to its passage: My oath of office is to the U.S. Constitution, not to any foreign nation. The vote was 368-57. Senator Josh Hawley (R-MO), one of the senators who voted against the bill, said it was irresponsible to spend the money with so many needs at home and called on other countries to chip in more. The $40 billion would be in addition to the $13.6 billion in aid that Congress passed in March, for a total of roughly $53 billion over the period of two months the largest foreign aid package to move through Congress in at least two decades, according to the New York Times. Senate Passes $40 Billion Aid Package for Ukraine - WSJ Print Edition Video Podcasts Home World Africa Asia Canada China Europe Latin America Middle East Economy World Video U.S. Economy Law. If government is to respond to emergencies quickly and effectively, then sometimes money must be provided outside of the regular cycle. White House: China's Peace Plan for Ukraine and Russia 'Not a Sustainable Option'. The New York Times editorial board said American support won't be indefinite, and President Biden needs to communicate the goals clearly. By policy, supplemental appropriations are for "emergency and unforeseen" situations. Paul had sought to alter the bill to include requiring that an inspector general monitor the spending. The house passed legislation tuesday night that would provide $40 billion in new aid to ukraine as the biden administration looks to step up u.s. So far it looks like there are more Trump-type Republicans headed to Congress, but there are a lot of elections left on the board and Trump has actually taken a few dings along the way. The package authorizes billions of dollars in funding for Ukraine's armed forces, gives Biden the power to send up to $11 billion worth of U.S. equipment to Ukraine, includes economic aid for . The attack on Ukraine has increased food insecurity in multiple parts of the world, as Ukraine was known as the breadbasket of Europe for its robust agricultural industry. Senator Paul wants more oversight into exactly how the money ends up being spent, but in spite of that, the bill is expected to pass later this week. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. 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