The aid package comes in at $6. GOP investigators have said they will keep an eye on where the money is going, while a faction of the party has called for aid to be drastically reduced. When pressed about continued aid on Thursday, White House press secretary Karine Jean-Pierre said Biden is 'going to focus on what the American people want to focus on.'. The bill provides appropriations to several federal departments and agencies, including the Department of Justice, the Department of Defense, the Nuclear Regulatory Commission, Bloomberg Daybreak Middle East. WATCH: The US Senate voted on Monday to advance the $40 billion Ukraine aid bill. "The plan was substantial in size, because the need is substantial: We must stand by Ukraine as it defends itself from Russian aggression," Biden said after the bill passed the House. Russians have a high approval rating for Putin and the Ukraine war which may be due to the country's history with the United States and the Cold War. It was a very heartfelt and easy to understand message: Their people are dying; theyre running out of supplies and ammunition. "We have preliminary results, we will have certain losses declared, if I am not mistaken, within UAH 40 billion," he said . 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. George Soros HonFBA (born Gyrgy Schwartz, August 12, 1930) is a Hungarian-American businessman and philanthropist. The legislation has been approved overwhelmingly by the House and has strong bipartisan support in the Senate. If the administration gets it wrong, it could face intense criticism. Final passage of military, food aid bill expected this week, Kentucky Senator Paul delayed passage, demanded changes. 'Additionally, the Biden administration must articulate a plan on what victory is, the American commitment to that victory, and the American financial commitment in a post-conflict reconstruction phase.'. The U.S. 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. support for Kyiv in its war against. . Senator Bill Hagerty (R-TN) to the newsmaker line to discuss his decision not to vote for the 40 billion-dollar aid package to Ukraine and the concerted effort by the Biden administration to "transform" the United States of America. Sen.. That would deny Mr. Biden the chance past presidents have had to make an appointment to the post, they said. "To do that, we've got to get in the right posture in the Indo-Pacific, which we're not currently. 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). The measure also includes $8.8 billion to keep the Kyiv government functioning, more than $5 billion to provide food to countries around the world that rely on Ukrainian crops devastated by the fighting and $900 million to teach English and provide other services to Ukrainian refugees who have moved to the United States. The U.S. Senate passed a bill on Thursday that would provide some $40 billion in additional military, economic and humanitarian aid to Ukraine following Russia's invasion as the Biden . Updated on: May 13, 2022 / 9:11 AM We could have already started using the new U.S. assistance package to more effectively save lives of Ukrainians who defend the democratic world. 2 Samsung is growing in Texas. House appropriators released a $39.8 billion Ukraine aid bill that directs half of its largesse to the Pentagon and U.S. arms makers. Market data provided by Factset. Former acting Under Secretary of State for Civilian Security, Democracy, and Human Rights Nathan Sales told DailyMail.com: 'The Biden administration needs to do more. 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. $8.766 billion for the Economic Support Fund to respond to emergent needs in Ukraine, provide needed budget support to assist with Ukraine's continuity of government, and The US spends more on our military than the next 8 countries combined. Two months ago, only three GOP House members voted against a separate security package. Anyone can read what you share. While the United States is still a leader in designing chips, most manufacturing has been sent offshore. "We cannot save Ukraine by dooming the U.S. But chip makers have already announced billions of dollars in plans for new investments around the United States. That would send it to President Joe Biden for his signature if no changes are made. 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 . The comments below have not been moderated. Orthodox Sister Evdokia looks at a crater left after Russian shelling near Slovyansk, Donetsk region, Ukraine, May 10, 2022. Pauls initial hold on the bill was blasted bytop Ukrainian officials, Majority Leader Chuck Schumer (D-NY) and Minority Leader Mitch McConnell (R-Ky.). The U.S. President pledged another $500 million aid and signalled financial support would continue for a war that has no end in sight, The last time the United States gave a Europe such substantial financial backing, President Harry Truman was trying to rebuild a continent ravaged by the Second World War. Heres a look at the CHIPS and Science Act, what it aims to do and how it will work. Coronavirus. Why it matters: The deal, which is billions more than the $33 billion the White House initially requested, is slated for quick passage after Democrats agreed to . 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? 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. 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. This is part of the Biden administrations worker-centered approach to economic policy, which seeks to use the might of the federal government to benefit workers. ", MCCONNELL MAKES SURPRISE TRIP TO MEET ZELENSKYY IN UKRAINE, Senate Minority Leader Mitch McConnell, R-Ky., meets President Zelenskyy in Ukraine. The approved fundingwill go toward the Ukrainian military and national security forces, weapons, equipment, training, and other intelligence support as well as refugee and medical support. It didn't take lawmakers long to add $3.4 billion to his requests for both military and humanitarian programs. The measure includes $6 billion for Ukraine for intelligence, equipment and training for its forces, plus $4 billion in financing to help Kyiv and NATO allies build up their militaries. The GOP believes accelerated financial packages - similar to those approved during the COVID pandemic - are open to mismanagement or abuse. Theseweapons and equipmentwillgodirectly to the front lines of freedom in Ukraine, and reiterateour strong support for the brave people of Ukraine as they defend their country against Russias ongoing aggression, the president said. 7691, known as the Additional Ukraine Supplemental Appropriations Act of 2022after both Majority Leader Charles E. Schumer (D-NY) and Minority Leader A. Mitchell "Mitch" McConnell (R-KY) rejected Sen . Sen. Lindsey Graham blasts baby formula shortage on 'Jesse Watters Primetime.'. "I'm concerned that it shortchanges priorities here at home. Show More. Posted May 10, 2022 at 5:30pm. 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, bipartisan commitment to thwart Russian President Vladimir Putin's bloody three-month-old invasion. 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. Union rep: Employees reporting illness after working on cleanup for East Senate sends bill nullifying Biden's ESG investing rule to president's desk. An Intel factory under construction in Arizona. 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. (Anna Moneymaker/Getty Images), "The amounts we're talking about are astronomical. There has been a push from both Republicans and Democrats to provide F-16s. 2022 CBS Interactive Inc. All Rights Reserved. The Commerce Department said it would look closely at companies that applied for funding, to try to ensure that they were not being given more taxpayer dollars than they needed. The United States manufactures 12 percent of chips, though none of the worlds most advanced. What they're saying: Congress passing this bill sent a "clear bipartisan message" that the country is united and standing in support of Ukraine, President Joe Biden said in a statement. The . Critics have argued that the federal government may not be the best judge of winners and losers. "I mean, what needs to happen here is we need to get out of the business of nation building, and we need to get focused on deterring our most significant adversary, which is China," said Hawley, who says he still supports aid to Ukraine to defeat Russia, but not in such a massive quantity. In addition, $300 million is meant for advanced nuclear reactors and advanced nuclear fuels to increase Ukrainian energy security and independence as Russia continues to hit its energy infrastructure with frequent missile barrages and drone strikes. Copyright 2023 CBS Interactive Inc. All rights reserved. 0:39. 'Doesn't look good': Hunter Biden reportedly raked in $11M 11-year-old reads aloud from 'pornographic' book he checked out from library at school board meeting, Chicago's top cop quits one day after woke mayor lost re-election bid, Influencer refuses to switch business class seats so family can sit together, RHOA star Drew Sidora accuses ex Ralph Pittman of cheating, mental abuse, Original Gone With The Wind script reveals secret war over slavery, cut scenes, Drake regrets disrupting someones life by name-dropping exes in his songs, Good luck 'worming' your way out of this one, Sunny Hostin Points Finger at China for COVID Crisis: Did Not Cooperate With the International Community, 'Disgraceful' Meghan, Harry 'provoked' King Charles to evict them: royal expert. He was joined by John Barrasso of Wyoming, Susan Collins of Maine and John Cornyn of Texas. Powered and implemented by FactSet Digital Solutions. 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. On Thursday, the Senate voted 86-11 to pass a roughly $40 billion aid package for Ukraine. But lawmakers . 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. All rights reserved. But analysts said it remained to be seen how difficult it would be to enforce these provisions. WASHINGTON The Senate overwhelmingly approved on Thursday a $40 billion emergency military and humanitarian aid package for Ukraine, moving quickly and with little debate to deepen the. Joe Biden is pictured on Monday in Kyiv alongside Ukrainian counterpart Zelensky. Its about prioritizing American security and American interests.. Another $11 billion will be distributed later this year to support research into new chip technologies. For example, Biden has used the PDA 29 times since Russia invaded, according to the Committee for a Responsible Federal Budget. Do not sell or share my personal information. 'That means providing long range missiles, more tanks, fighter jets, and air defense systems. The extra funding comes after the administration pressed lawmakers to pass more supplemental funding for Kyiv in the omnibus, specifically finding crossroads with House Republicans who have voiced support for the extra dollars and Senate Minority LeaderMitch McConnell (R-Ky.), who has continuously championed assistance to Ukraine. The stakes are high for the Biden administration to prove this foray into industrial policy can work. And Zelensky wants more, including fighter jets. Biden utilized the authority to send $9.2 billion - or roughly 84 percent - worth of supplies from the U.S. stockpiles. This bill provides $40.1 billion in FY2022 emergency supplemental appropriations for activities to respond to Russia's invasion of Ukraine. Biden added that he would announce yet another security assistance package later Thursday that will provide additionalartillery, radars, and other equipmentto Ukraine, which they are already using so effectively on the battlefield. Legal Statement. The Congressional Research Service has estimated that this latest Ukraine bill is $6 billion more than all defense spending by the U.S. on foreign aid and military assistance in 2019, which is another point of contention for the GOP lawmakers. We want to make sure that theres a relationship, that theyre able to defend themselves and take on what is purely the ugliest aggression thats occurred since World War II on a massive scale, on the part of Putin, within Ukraine, Biden said in November.
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