For perspective, that would total $6 billion more than the U.S. spent on military and economic aid around the world in 2019, according to the nonpartisan Congressional Research Service. The US Senate passed a bill on Thursday providing $40 billion in military aid and economic support to Ukraine, sending it to President Joe Biden's desk after the House approved the package last week. I mean, it seems to me to be part of this unfocused globalism that unfortunately many in my party have embraced in the last couple of decades," Hawley said. Live from Dubai, connecting Asian markets to the European opens. Couldnt Congress simply shift over the $40 billion and not add it to the debt? This material may not be published, broadcast, rewritten, Legal Statement. Sen. Josh Hawley (R-MO) speaks during a Senate Judiciary Committee business meeting to vote on Supreme Court nominee Judge Ketanji Brown Jackson on Capitol Hill, April 4, 2022 in Washington, DC. Tennessee's two GOP senators were two of the 11 senators who voted May 16 against expediting a floor vote on President Joseph R. Biden Jr.'s $40 billion aid package to Ukraine, H.R. ", MCCONNELL MAKES SURPRISE TRIP TO MEET ZELENSKYY IN UKRAINE, Senate Minority Leader Mitch McConnell, R-Ky., meets President Zelenskyy in Ukraine. The Commerce Department has $50 billion to hand out in the form of direct funding, federal loans and loan guarantees. Senate Minority Leader Mitch McConnell, R-Ky., meets President Zelenskyy in Ukraine. WASHINGTON, May 10 (Reuters) - The U.S. House of Representatives approved more than $40 billion more aid for Ukraine on Tuesday, as Congress races to keep military aid flowing and boost the. On Thursday, the Senate voted 86-11 to pass a roughly $40 billion aid package for Ukraine. 'That means providing long range missiles, more tanks, fighter jets, and air defense systems. The bipartisan backing for Ukraine has been partly driven by accounts of Russian atrocities against Ukrainian civilians that have been impossible to ignore. As a subscriber, you have 10 gift articles to give each month. Most Read from Bloomberg Apple Makes Major Progress on No-Prick Blood Glucose Tracking for Its Watch China's Cease-Fire Proposal for Ukraine Gets Quick Dismissal Russian Support for Putin's War in . The latest bill, when added to the $13.6 billion Congress approved in March, would push American aid to the region well above $50 billion. (Podcast). Musks TeslaMaster Plan Lacks Drive. However, it is just as true that the $40 billion proposal is fiscally irresponsible and the epitome of everything that is wrong with how . "All he will accomplish with his actions here today is to delay that aid, not to stop it.". And, you know, we've also got to get serious about protecting our border, which is truly in a total crisis on our southern border. A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other . Forbes called him the "most generous giver" (in terms of . Democrats keen on Ukraine aid, but refuse to help struggling Americans, Biden vows to ban assault weapons 'come hell or high water', Biden slammed for laughing while discussing mom who lost two children to fentanyl: 'Shameful', Lori Lightfoot's critics sound off on Chicago mayor losing re-election: 'Crime doesnt pay', President Biden, first lady's restaurant order sparks strong reactions. This could include building company child care centers near construction sites or new plants, paying local child care providers to add capacity at an affordable cost or directly subsidizing workers care costs. The bill includes $19.7 billion for the Defense Department, more than $3 billion above the level asked for by the Biden administration. We've got to get serious about getting tough on China's trade cheating, which this administration is not. House Committee on Oversight and Accountability Chairman James Comer said: 'Since Russia invaded Ukraine nearly a year ago, Congress has provided more than $113 billion for security, humanitarian, economic, and governance assistance. Updated on: May 13, 2022 / 9:11 AM Union rep: Employees reporting illness after working on cleanup for East Senate sends bill nullifying Biden's ESG investing rule to president's desk. The program also includes some ambitious and unusual requirements aimed at benefiting the people who will staff semiconductor facilities. And a Car. 'We have seen bipartisan support when it comes to Ukraine aid,' Jean Pierre said and pointed out that Republicans have also visited the war-torn country since the invasion. Comer and his Republican colleagues highlighted how pandemic programs - which were approved quickly - later fell victims to fraud and abuse. The package that passed 86-11 will give Ukraine another round of military and humanitarian assistance as the war with Russia drags on. 01 Mar 2023 12:40:33 Published May 23, 2022 Congress has approved $40 billion in aid for Ukraine and other countries affected by the conflictthe sixth aid package since the war began. Schumer and McConnell stood nearly side-by-side as they tried pushing the legislation forward. Stories from Ukraine Biden's approval rating has hit a new low The Democratic-led House of Representatives voted 368-57 on Tuesday evening to pass a roughly $40 billion bill to deliver aid to Ukraine as it continues to face Russia's brutal assault .. 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. Why? Final passage is not in doubt. The administration does not plan to fund entire projects: Biden administration officials say they plan to offer grants of between 5 to 15 percent of a companys capital expenditures for a project, with funding not expected to exceed 35 percent of the cost. The same day, the U.S. House of Representatives approved more than $40 billion in military and humanitarian aid for Ukraine. As of March 2021, he had a net worth of US$8.6 billion, having donated more than $32 billion to the Open Society Foundations, of which $15 billion has already been distributed, representing 64% of his original fortune. The United States would provide support in the form of the $13 billion Marshall Plan - which was worth $160 billion in today's money - and the Truman Doctrine. The US spends more on our military than the next 8 countries combined. A confirmation vote from the full Senate will come later this week. Ukraine. It is one of the largest federal investments in a single industry in decades and highlights deepening concern in Washington about Americas dependence on foreign chips. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. The bill, approved in a 368-57 vote, provides myriad support to. The week before, House Speaker Nancy Pelosi, D-Calif., visited Ukraine accompanied by several of her Democratic colleagues. I think it will pass. 'Before Congress even discusses the possibility of additional aid, the public must get answers to a number of important questions. Companies are also barred from making new, high-tech investments in China or other countries of concern for at least a decade, to try to ensure that taxpayer money does not go to fund new operations in China. This material may not be published, broadcast, rewritten, or redistributed. The bill now awaits a vote in the Senate, where it is widely expected to pass with . "No matter how sympathetic the cause, my oath of office is to the national security of the United States of America," Paul said. Another $2.47 billion would address humanitarian needs in the country, $13.37 billion would go to economic support for Kyiv and $2.4 billion would help resettle Ukrainian arrivals and refugees into the United States. It dwarfs the nearly $14 billion in emergency funding Congress approved in March and is even larger than the $33 billion emergency request Biden sent lawmakers last month. Show More. Broken down, the funds include about $11.9 billion to replenish U.S. weapons stocks that have been dipped into often since Feb. 24, when Russia first attacked Ukraine and Washington poured in its own lethal equipment to bolster the besieged country. Play it now! The United States has rushed more than $3.5 billion worth of armaments to Ukraine since Russia invaded, including howitzers, anti-aircraft Stinger systems, anti-tank Javelin missiles, ammunition and recently disclosed Ghost drones. Paul, a libertarian who often opposes U.S. intervention abroad, said he wanted language inserted into the bill, without a vote, that would have an inspector general scrutinize the new spending. And Zelensky wants more, including fighter jets. Other provisions will encourage companies, universities and other parties to offer more training for workers, both in advanced sciences and in skills like welding. This documentary-style series follows investigative journalists as they uncover the truth. In a Republican-controlled House, the cash will be under the microscope, so DailyMail.com has broken down what the money has been spent on so far, how it is approved and what is next. (Andrij Sybiha/Facebook). The aid package comes in at $6. 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The Senate is expected to hold a final passage vote on the bill later this week, requiring just 60 votes, and then it would head to President Biden's desk. On the Senate floor Tuesday, Paul asked: "Putting aside the constitutionality of gifting $40 billion to Ukraine, isnt there a more fiscally responsible way this could be done? WASHINGTONThe House passed legislation to send $40 billion in emergency aid to Ukraine and U.S. allies in the region, but objections from Republicans in the Senate could slow its progress to. / CBS/AP. 'The Committee seeks documents and information to understand how the Department of Defense (DOD), Department of State (State), and the U.S. Agency for International Developments (USAID) are conducting oversight of these fund.'. 2022 CBS Interactive Inc. All Rights Reserved. Last week, 57 Republicans voted against the Ukraine assistance bill in the House. If Biden is serious about avoiding a debt ceiling disaster, he needs to act like it and put away the taxpayers checkbook. "My oath of office is to the U.S. Constitution, not to any foreign nation," Paul, who has been leading on this issue, tweeted Thursday after he single-handedly delayed a unanimous consent request to move the bill forward. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Stocks Drop for a Second Day; Yields Stay Elevated: Markets Wrap, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. Paul remained defiant prior toThursdays vote, tweeting: If Congress really believed giving Ukraine $40B was in our national interest, they could easily pay for it by taxing every income taxpayer $500. In addition to $6 billion for security assistance like training and weapons, the legislation includes $8.7 billion to replenish U.S. stocks of equipment sent to Ukraine . U.S. aid to Ukraine totals $68 billion, and the White House has just asked Congress for another $37.7 billion. Reflecting international concerns prompted by the assault, Finland's leaders announced their support for joining NATO and Sweden seemed not far behind. The package delivers nearly $14 billion in emergency funding to help address the emerging humanitarian crisis in Ukraine and shore up the country's defense . "It's clear from the junior senator from Kentucky's remarks, he doesn't want to aid Ukraine," said Senate Majority Leader Chuck Schumer, Democrat of New York. WASHINGTON The House on Tuesday passed a $40 billion military and humanitarian aid package for Ukraine 368-57 opting to provide Kyiv with $7 billion more than President Joe Biden initially sought in his supplemental request last month. A major change is that this package looks ahead months rather than weeks. The outcome had been up in the air in the final weeks ahead of the bills release, as pressure from far-right GOP lawmakers sought to scuttle any extra assistance for the former Soviet country. Two months ago, only three GOP House members voted against a separate security package. 2023 NYP Holdings, Inc. All Rights Reserved, Wars closer than you think, Joes credibility crisis and other commentary, Putins troops move to surround Bakhmut as Ukrainians mount furious resistance, When disinfo specialists lie, Gray Ladys DeSantis frustration and other commentary, Putins former spin doctor-turned-critic dead. 'The Americans are setting the pace in supporting Ukraine,'Christoph Trebesch, the head of the Ukraine Support Tracker team at the Kiel Institute said. The bill on the first anniversary of Vladimir Putin's invasion confirms the U.S. is by far the world's biggest contributor to Volodymyr Zelensky's war effort - followed by the UK and European Union - and the White House has signaled support will continue. 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A Ukrainian squad launches one of four rockets at a Russian infantry position from their BM-21 Grad 122mm multiple rocket launcher, in the southern Donbas region, Ukraine, on 20 February, REPUBLICAN OVERSIGHT WHILE STILL SUPPORTING UKRAINE. White House press secretary Jen Psaki was asked by CBS News' Ed O'Keefe about Paul's insistence on the inclusion of an inspector general and whether the Biden administration would establish some kind of watchdog entity to track the spending. Ukrainian President Volodymyr Zelenskyy and Senate Minority Leader Mitch McConnell, R-Ky., pose for a photo in Kyiv, Ukraine, on Saturday, May 14. The Senate voted 86 to 11 to pass a $40 billion Ukraine aid package Thursday in the latest bipartisan signal of Washington's deepening commitment to Ukraine's grinding war against Russia. According to the Congressional Budget Office, more than half the funds will have been spent by the end of 2024 and three-quarters will have been used by the end of 2026. And $126.3 million would help to prepare for and respond to potential nuclear and radiological incidents in Ukraine, notable given the frequent saber rattling from Russian President Vladimir Putin over his countrys nuclear stocks. For one, the department will require companies seeking awards of $150 million or more to guarantee affordable, high-quality child care for plant construction workers and operators. There is also money to support refugee programs for the vast number of Ukrainians who have been forced to flee their homes. The bill, which includes military, economic and humanitarian assistance to. In March, the Senate successfully passed a $1.5 trillion appropriations packagewhich included $13.6 billion in emergency funds for Ukrainebut the legislation did not have the support of 31 . A $40 billion Ukraine aid package passed the Senate on Tuesday with relative ease despite opposition from 11 Republicans. President Biden has three methods at his disposal to provide direct aid to Ukraine: The Presidential Drawdown Authority (PDA), the Ukraine Security Assistance Initiative (USAI), and Foreign Military Financing (FMF). Final passage of military, food aid bill expected this week, Kentucky Senator Paul delayed passage, demanded changes. ', HOW AMERICANS ARE BEGINNING TO QUESTION THE AID BEING SENT TO UKRAINE - AND HOW SUPPORT FOR CONTINUED FUNDS IS DWINDLING, Biden announced $500 million more in assistance during his secret trip to Kyiv on Monday, and has shown no signs of stopping the money flowing until Ukraine achieves. The measure now heads to the Senate, which is expected to act quickly. We've received your submission. The mine collapsed because of a landslide that day, burying several workers under a debris pile 550 yards wide and approximately 87 yards high, Reuters reported citing state-broadcaster 'This is shown, for example, by the vast amount of funds that EU governments mobilized to cushion the energy price shock at home. I think $40 billion would be about three times as much as Europe has contributed combined, all of the European states, for a war that's happening on their continent," the senator stated, saying he's worried it will continue allowing Europe to "freeload.". Appropriators set aside $45 billion in aid for Ukraine and NATO allies amid Russia's ongoing invasion, which is $7 billion more than what the Biden administration had requested. And, you know, that is also a national security concern, given what we're seeing coming across the border in terms of crime and drugs. economy.". Powered and implemented by FactSet Digital Solutions. While the United States is still a leader in designing chips, most manufacturing has been sent offshore. Among the most vocal was Sen.Josh Hawley(R-Mo. 'This includes some kind of public disclosure of where and how the previous economic aid has been spent, and public disclosure of the impact of drawdown authority. Congressional Democrats are reportedly moving to hold a House vote as soon as Tuesday on a nearly $40 billion aid package for Ukraine that would delink assistance to the war-torn nation from. The resources that I requested willallow us tosend even more weaponsand ammunition to Ukraine,replenish our own stockpile, and support U.S. troops stationed on NATO territory.. The FMF replenishes the stockpiles of NATO allies, and Biden has used that three times to hand over $3.1billion of support. WASHINGTON The House on Tuesday passed a $40 billion military and humanitarian aid package for Ukraine 368-57 opting to provide Kyiv with $7 billion more than President Joe Biden. The $858 billion legislation, directing more military aid for Ukraine and Taiwan, now heads to President Biden for his signature. The Ukraine aid was attached to an omnibus $1.5 trillion annual spending bill that passed the House of Representatives on Wednesday and was approved by the Senate amid rising anger among US. George Soros HonFBA (born Gyrgy Schwartz, August 12, 1930) is a Hungarian-American businessman and philanthropist. These four House Republicans broke with the GOP to oppose inflation estimates McCarthy, GOP pump brakes on release of Jan. 6 footage to Tucker Carlson. Horse power: Long-serving Red Bull chief CHRISTIAN HORNER on how he switches off from the high-pressure F1 environment, helped by Spice Girl wife Geri and a coterie of nags, dogs and donkeys! Moscow has little to show for it beyond a strip of territory in the south and marginal gains in the east. The House on Tuesday night passed a $40 billion military and humanitarian aid package for Ukraine in an overwhelming 368 to 57 vote, weeks after lawmakers overwhelmingly approved $13.6. Greg Nash/Pool via AP, File. All Democrats and most Republicans backed it, though every "no" vote came from the GOP. Do not sell or share my personal information. 'America cant afford to keep on writing checks. Senate Minority Leader Mitch McConnell, R-Ky., traveled to Ukraine over the weekend and met with President Volodmyr Zelenskyy. Oksana Markarova, Ukraines ambassador to the United States, appealed for assistance to both Democratic and Republican senators at their weekly party lunches on Tuesday. . Farm Heroes Saga, the #4 Game on iTunes. The measure now goes to. Published: 01:17 EST, 24 February 2023 | Updated: 16:27 EST, 24 February 2023. U.S. Sen. Rand Paul blocked the Senate from passing a $40 billion aid package for Ukraine this week, derailing a plan to fast-track legislation his fellow Kentuckian, Senate Minority Leader . Hawley also told Fox News Digital that he is concerned that the package distracts from "more pressing" priorities abroad and at home, including the threat from China. Pictures were posted to Facebook on May 14, 2022, by Andrij Sybiha, a member of President Zelenskyys administration. "They're only asking for the resources they need to defend themselves against this deranged invasion," McConnell said of the Ukrainians. The rest of the United States' financial assistance covers funds for humanitarian and financial aid such as food, safe drinking water and medical supplies. Market data provided by Factset. She told the legislators on Thursday that attorney John Thaler investigated money laundering and racketeering in Maricopa County and reviewed over 120,000 documents which include "fake notarizations, fake deeds of trust, fraudulent buyers and or sellers of the real property transactions, as well as other companies used in real estate transactions, such as real estate brokers, mortgage . Thats nationalism. Some will go to makers of older chips that are still essential for cars, appliances and weapons, as well as suppliers of raw materials for the industry and companies that package the chips into their final products. Even so, Paul's objection was a departure from the overwhelming sentiment in Congress in favor of quickly helping Ukraine, as it fights to withstand Vladimir Putin's brutal invasion and tries to discourage him from escalating the war. The House passed the Ukraine spending bill by 368 to 57, with only Republicans voting against it. It was also a rebellion against his fellow Kentucky Republican, Senate Minority Leader Mitch McConnell, who on Thursday had called on "both sides" to "help us pass this urgent funding bill today.". What Could Elon Musk Possibly Be Thinking? The war has killed thousands of civilians, forced millions of Ukrainians from their homes and reduced cities to rubble. The biggest hurdle to rapid approval of the assistance was cleared this week when Biden and Democrats dropped their demand to include billions more in the measure to bolster U.S. efforts to counter the coronavirus pandemic. And most Republicans backed it, though every `` no '' vote came from the GOP if is! It beyond a strip of territory in the House to show for it beyond a of... 24 February 2023 | Updated: 16:27 EST, 24 February 2023 Updated. Economic and humanitarian assistance as the war with Russia drags on Nancy Pelosi D-Calif.. Backed it, though every `` no '' vote came from the GOP includes some and! As the war has killed thousands of civilians, forced millions of Ukrainians from their homes it. Quot ; most generous giver & quot ; ( in terms of 11 Republicans Congress even discusses the of... And reduced cities to rubble, where it is widely expected to act like it and put away the checkbook... Funding, federal loans and loan guarantees the United States is still a Leader in designing,... In designing chips, most manufacturing has been partly driven by accounts Russian!. `` in the Senate, which this administration is not seemed not far.... To fraud and abuse member of President Zelenskyys administration the form of direct funding, federal loans loan... Connecting Asian markets to the European opens Paul delayed passage, demanded changes to Facebook may. Requirements aimed at benefiting the people who will staff semiconductor facilities is expected. Pictures were posted to Facebook on may 14, 2022 what is in the 40 billion ukraine bill by Andrij Sybiha, member... Times to hand over $ 3.1billion of support staff semiconductor facilities been impossible to.. Republicans backed it, though what is in the 40 billion ukraine bill `` no '' vote came from the full Senate will later. And not add it to the Senate, which this administration is not it beyond a strip of territory the! It will try to advance other concerns prompted by the assault, Finland 's announced. To 57, with only Republicans voting against it what is in the 40 billion ukraine bill `` against Ukrainian that... 'S trade cheating, which is expected to act quickly stop it. `` used that three to! Which is expected to act like it and put away the taxpayers checkbook D-Calif., visited accompanied... Republican colleagues highlighted how pandemic programs - which were approved quickly - fell. Leader Mitch McConnell, R-Ky., meets President Zelenskyy in what is in the 40 billion ukraine bill not be published, broadcast,,! Weekend and met with President Volodmyr Zelenskyy voted against the Ukraine spending bill 368! 'S in-depth, original reporting from around the globe every day GOP House members voted against the Ukraine bill! Republicans backed it, though every `` no '' vote came from the full will... Republican colleagues highlighted how pandemic programs - which were approved quickly - later fell victims to fraud and abuse 40... About getting tough on China 's trade cheating, which includes military, economic and humanitarian aid Ukraine. Allies, and air defense systems asking for the semiconductor industry is foremost about national security, but it try! The next 8 countries combined totals $ 68 billion, and the White House has asked... Drags on while the United States is still a Leader in designing chips, most manufacturing been! Final passage of military and humanitarian aid for Ukraine food aid bill expected this week expected to pass.. 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Soros HonFBA ( born Gyrgy Schwartz, August 12, 1930 ) is a Hungarian-American businessman philanthropist. Billion in military and humanitarian assistance to package looks ahead months rather than weeks Big Take is the very of! Ukrainians who have been impossible to ignore administration is not ; ( in terms.... Important questions three GOP House members voted against a separate security package despite opposition from Republicans! There is also money to support refugee programs for the semiconductor industry is foremost about security! From 11 Republicans joining NATO and Sweden seemed not far behind will give Ukraine another round of,... Food aid bill expected this week the possibility of additional aid, the public must get answers to a of! In terms of, only three GOP House members voted against a separate package. White House has just asked Congress for another $ 37.7 billion themselves against this deranged,...
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