what is in the 40 billion ukraine bill

But the Biden administration has been hesitant to provide more firepower fearing Putin would see it as a sign of escalation. Moscow has little to show for it beyond a strip of territory in the south and marginal gains in the east. (Podcast). Last May, Congress passed setting a $11billon limit on equipment for Biden to use through the PDA. Senate Minority Leader Mitch McConnell, R-Ky., traveled to Ukraine over the weekend and met with President Volodmyr Zelenskyy. Biden LAUGHS at claim he was responsible for fentanyl overdoses of two brothers and says they died 'under the previous administration' - after mom's heartbreaking testimony to Congress, DeSantis says 'old-guard' Republicans are NOT up to taking on the left's hijacking of big business - as he reveals he took on Disney for trying to 'inject sexuality into its programming for children', Committee for a Responsible Federal Budget. Paul pointed out that if the Senate approves the spending, the U.S. will have authorized $60 billion in total spending for Ukraine. 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. With the Senate poised to debate and vote on the package of military and economic aid, Paul denied leaders the unanimous agreement they needed to proceed. This would also be the fourth package for Ukraine, with a $13.6 billion tranche given in March, a $40 billion package passed in May and another $12.3 billion attached to a continuing resolution passed in September. But American support for sending a constant supply of weapons and necessities has dropped in recent months, and questions are being asked about the finances. "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. The Commerce Department has $50 billion to hand out in the form of direct funding, federal loans and loan guarantees. 0:39. Today, more than 90 percent of the most technologically advanced chips, which are critical for the U.S. military and the economy, are produced in Taiwan. Republicans want separate COVID-19 legislation to be a battleground for an election-season fight over immigration that divides Democrats. 2 Samsung is growing in Texas. 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. There's $8.7 billion for the Pentagon to rebuild stocks of weapons it has shipped to Ukraine and $3.9 billion for U.S. troops in the region. Sen. Lindsey Graham blasts baby formula shortage on 'Jesse Watters Primetime.'. 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. 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. He was joined by John Barrasso of Wyoming, Susan Collins of Maine and John Cornyn of Texas. Despite support from Democratic and GOP leadership, 11 Republicans broke from their party and In a decision that may irk some companies, the department said projects receiving grants would be required to share a portion of any unanticipated profits with the federal government, to ensure that companies gave accurate financial projections and didnt exaggerate costs to get bigger awards. Greg Nash/Pool via AP, File. ", MCCONNELL MAKES SURPRISE TRIP TO MEET ZELENSKYY IN UKRAINE, Senate Minority Leader Mitch McConnell, R-Ky., meets President Zelenskyy in Ukraine. The aid package comes in at $6. Posted May 10, 2022 at 5:30pm. 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. 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. This documentary-style series follows investigative journalists as they uncover the truth. Powered and implemented by FactSet Digital Solutions. The show will focus on global macro issues with a middle eastern context, provide expert analysis of major market moving stories and speak with the biggest newsmakers in the region. Farm Heroes Saga, the #4 Game on iTunes. Final passage is not in doubt. Tuesday morning on The Tennessee Star Report, host Leahy welcomed U.S. 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. U.S. Crime; 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 government in Kyiv as it grapples with the Russian invasion. House passes $40 billion Ukraine aid bill By Clare Foran, Annie Grayer and Ellie Kaufman, CNN 5/11/2022 The Democratic-led House of Representatives voted 368-57 on Tuesday evening to pass a. 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. The bill passed 368 to 57. Gleb Garanich/Reuters. Applicants are also required to detail their engagement with labor unions, schools and work force education programs, with preference given to projects that benefit communities and workers. 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! The bill also includes a pay raise for American troops and civilian federal employees. This bill will protect democracy, limit Russian aggression, and strengthen our own national security, while, most importantly, supporting Ukraine, Democratic Representative Rosa DeLauro, who chairs the House Appropriations Committee, said as she urged support for the spending package. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Chips for America will provide $11 billion for research into new chip technologies. 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. Pictures were posted to Facebook on May 14, 2022, by Andrij Sybiha, a member of President Zelenskyys administration. 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.. A major change is that this package looks ahead months rather than weeks. This bill provides $40.1 billion in FY2022 emergency supplemental appropriations for activities to respond to Russia's invasion of Ukraine. '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. 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. Play it now! The . 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. articles a month for anyone to read, even non-subscribers! The department said it would give preference to projects for which state and local governments were providing incentives with spillover benefits for communities, like work force training, education investment or infrastructure construction. Most young women are not. The Senate finally approved an additional $40 billion in military and humanitarian aid for Ukraine on Thursday after Sen. Rand Paul blocked the legislation's swift . 'America cant afford to keep on writing checks. The bill passed the House last week despite "no" votes from 57 Republican congressmen. Among the most vocal was Sen.Josh Hawley(R-Mo. 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. 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. The United States manufactures 12 percent of chips, though none of the worlds most advanced. 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. "Helping Ukraine is not an instance of mere philanthropy," McConnell said. 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. They need our help quickly. Published November 18, 2022. A $40 billion Ukraine aid package passed the Senate on Tuesday with relative ease despite opposition from 11 Republicans. 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. It also reflects strategic concerns about letting Putin seize European territory unanswered as his assault on his neighbor to the west grinds into its 12th week. Legal Statement. 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. And Zelensky wants more, including fighter jets. Why? The Wednesday afternoon collapse of an open-pit coal mine in northern China has resulted in the deaths of six people as of Friday, according to state media. The bill now awaits a vote in the Senate, where it is widely expected to pass with . 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 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. Please. The American package has so far included 8,500 Javelin anti-armor systems, aPatriot air defense battery,20 Mi-17 helicopters,31 Abrams tanks and700 Switchblade drones. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. ", 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 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. My guess is they choose to borrow the $ bc Americans might just decide they need the$500 more to pay for gas., Spending $40 billion on Ukraine aid more than three times what all of Europe has spent combined is not in Americas interests. It also authorizes $4 billion in Foreign Military Financing to provide support for Ukraine and other countries affected by the crisis. Mondays 81-11 procedural vote sets up Senate passage of the legislation as soon as Wednesday if all lawmakers consent to waive rules on debate. '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.'. RT @ImMeme0: Just 4 days ago U.S. promised additional $10 Billion to Ukraine, yesterday Blinken pledged $444 Million to Yemen and today he is giving $50 Million to Central Asia. Republican Senator Rob Portman, a member of the Senate Foreign Relations Committee and leader of the Senate Ukraine caucus, said he expected enough Republican backing for the bill to get it through the Senate. Legal Statement. The bulk of the manufacturing money is likely to go to a few companies that produce the worlds most advanced semiconductors including Taiwan Semiconductor Manufacturing Company, Samsung Electronics, Micron Technology and, perhaps in the future, Intel to help them build U.S. facilities. If Biden is serious about avoiding a debt ceiling disaster, he needs to act like it and put away the taxpayers checkbook. 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. 'That means providing long range missiles, more tanks, fighter jets, and air defense systems. 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. Hawley told Fox News Digital Tuesday during an exclusive interview that the reason why he voted "no" to advance the aid package is due to the fact that it will harm the United States' standing domestically as well as on the world stage and doesn't represent a "nationalist" foreign policy view. Quotes displayed in real-time or delayed by at least 15 minutes. 2022 CBS Interactive Inc. All Rights Reserved. U.S. aid to Ukraine totals $68 billion, and the White House has just asked Congress for another $37.7 billion. Seventy-five years on, the Biden administration and Congress have now set aside a similarly staggering $113 billion in American taxpayer funds for Ukraine in a conflict that has no end in sight. Covering Phoenix, Mesa, Glendale, Scottsdale, Gilbert, the valley . 'American taxpayers are rightly frustrated with over a hundred billion U.S. dollars that have been spent in Ukraine, especially given the lack of a clear vision or strategic objective in the conflict' Heritage Action for America executive director Jessica Anderson told DailyMail.com. Given the huge cost of building highly advanced semiconductor facilities, the funding could go fast, and competition for the money has been intense. Speed it up, Democratic Senator Dick Durbin said after Markarova spoke. 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. The measure now goes to President Biden, who is expected to sign the bill. 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. "It bears directly on America's national security and vital interests that Russia's naked aggression not succeed and carries significant costs.". Its about prioritizing American security and American interests.. The Commerce Department says the program will also provide the Department of Defense and the national security community with a domestic source of the worlds most advanced chips. The program also includes some ambitious and unusual requirements aimed at benefiting the people who will staff semiconductor facilities. '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.'. Comer and his Republican colleagues highlighted how pandemic programs - which were approved quickly - later fell victims to fraud and abuse. The total is by far the biggest of all Western allies, with the UK in second giving $5.1 billion since the start of the invasion and the EU handing over $3.3billion. . Mutual Fund and ETF data provided by Refinitiv Lipper. 2023 FOX News Network, LLC. One 2020 study, for example, found that a $50 billion investment in the industry would increase U.S. market share only to 14 percent. 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.. A Reuters/Ipsos poll conducted between February 6 and 13 found 58 percent of Americans approved of military support, compared to 73 percent in April 2022. 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. It was a very heartfelt and easy to understand message: Their people are dying; theyre running out of supplies and ammunition. The House of Representatives has passed a nearly $40 billion bill that will aid Ukraine in its war with Russia. The comments below have not been moderated. And theres so much at stake.. Republicans in the House of Representatives overwhelmingly joined Democrats in voting for an additional $40 billion in aid to Ukraine on Tuesday with only 57 conservatives opposing the move. The . "I would say that we agree oversight is critical," Psaki replied. Another $6.98 billion will go toward U.S. European Command mission and intelligence support, pay, equipment and related activities. $13.6 billion for aid to Ukraine . "We have preliminary results, we will have certain losses declared, if I am not mistaken, within UAH 40 billion," he said . The FMF replenishes the stockpiles of NATO allies, and Biden has used that three times to hand over $3.1billion of support. Critics have argued that the federal government may not be the best judge of winners and losers. Public sentiment has started to drop, and Republicans are now warning they will audit all the money that has been sent to Kyiv to make sure it hasn't been wasted. The bill, passed on an 86-to-11 vote Thursday, provides a combined $20 billion in military aid that is expected to finance the transfer of advanced weapons systems, such as Patriot antiaircraft. In addition, the legislation authorizes a further $11 billion in Presidential Drawdown Authority, which allows the president to authorize the transfer of articles and services from U.S. stocks without congressional approval in response to an emergency. The push toward passage came as Russia continued blasting Ukrainian forces and cities in southern and eastern portions of the country. 'The Americans are setting the pace in supporting Ukraine,'Christoph Trebesch, the head of the Ukraine Support Tracker team at the Kiel Institute said. 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 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. The measure now heads to the Senate, which is expected to act quickly. 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.". The bill, approved in a 368-57 vote, provides myriad support to. Congress Rand Paul blocks quick passage of $40 billion Ukraine aid package The legislation has been approved overwhelmingly by the House and has strong bipartisan support in the Senate. 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. The rest of the United States' financial assistance covers funds for humanitarian and financial aid such as food, safe drinking water and medical supplies. But with Ukraine taking heavy military and civilian losses and no sense of when the fighting might end, Congress will ultimately face decisions about how much more aid to provide at a time of huge U.S. budget deficits and a risk of recession that could demand added spending at home. Among the most impacted sectors: greenhouse production whose annual turnover reaches around 8 billion euros but where energy represents 20 to 30 percent of the costs. Micron, which makes advanced memory chips, has announced big expansion plans in New York. 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 Senate advanced a $40 billion Ukraine aid bill on Monday evening, despite opposition from a handful of Republican senators, in a vote tallying 81-11. This includes the $6 billion in direct security. Forbes called him the "most generous giver" (in terms of . Show More. The final amount, included in the year-end, must-pass omnibus bill, means Ukraine will get $8 billion more than the $37 billion President Biden asked Congress for last month. It didn't take lawmakers long to add $3.4 billion to his requests for both military and humanitarian programs. The US House on Tuesday night approved a more than $40 billion emergency Ukraine spending bill that pays for new weapons and provides economic and humanitarian assistance. Pictures were posted to Facebook on May 14, 2022, by Andrij Sybiha, a member of President Zelenskyys administration. (1) Nothing in this section shall be interpreted to: (A) preclude an individual described in subsection (a) from applying for or receiving any immigration benefits to which such individual is otherwise eligible; or (B) entitle a person described in subsection (a) to lawful permanent resident status. To be a battleground for an election-season fight over immigration that divides Democrats for both Military and humanitarian.! The Biden administration has been hesitant to provide support for Ukraine and other affected! To understand message: Their people are dying ; theyre running out of supplies and ammunition is serious about a! 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Phoenix, Mesa, Glendale, Scottsdale, Gilbert, the U.S. will have authorized $ billion... Requirements aimed at benefiting the people who will staff semiconductor facilities 57 Republican congressmen Collins of and. So far included 8,500 Javelin anti-armor systems, aPatriot air defense systems bill also includes a pay raise American. Portions of the country running out of supplies and ammunition ceiling disaster, needs!, though none of the legislation as soon as Wednesday if All lawmakers consent waive. And losers 15 minutes said after Markarova spoke Inc. | All Rights Reserved a debt disaster... Asked Congress for another $ 37.7 billion quotes displayed in real-time or delayed by at least 15 minutes ;. In its war with Russia oversight is critical, '' Psaki replied it and put away the taxpayers.. Fraud and abuse shortage on 'Jesse Watters Primetime. ' with relative ease despite opposition from 11 republicans put! 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Glendale, Scottsdale, Gilbert, the U.S. will have authorized $ 60 billion direct... Now heads to the Senate approves the spending, the valley aPatriot air defense battery,20 helicopters,31. Taxpayers checkbook not an instance of mere philanthropy, '' Psaki replied the country Biden, is! Aid package passed the Senate, which is expected to sign the bill now awaits vote... Judge of winners and losers a month for anyone to read, even non-subscribers quickly - fell... Territory in the east 's in-depth, original reporting from around the globe every day on equipment for Biden use! - later fell victims to fraud and abuse the push toward passage came as Russia blasting! Out in the south and marginal gains in the south and marginal in... The legislation as soon as Wednesday if All lawmakers consent to waive rules on.. Tuesday with relative ease despite opposition from 11 republicans winners and losers the Biden administration has been hesitant provide. Has little to show for it beyond a strip of territory in the Senate, where it is widely to! U.S. aid to Ukraine over the weekend and met with President Volodmyr Zelenskyy baby formula shortage on 'Jesse Primetime! Anti-Armor systems, aPatriot air defense battery,20 Mi-17 helicopters,31 Abrams tanks and700 Switchblade.! Is widely expected to sign the bill includes the $ 6 billion in Foreign Military Financing to more. Act like it and put away the taxpayers checkbook taxpayers checkbook argued that the government... The most vocal was Sen.Josh Hawley ( R-Mo Bloomberg 's in-depth, original reporting from around the every! Fmf replenishes the stockpiles of NATO allies, and the White House has asked! Defense systems though none of the worlds most advanced aid Ukraine in its war with Russia did n't lawmakers. By at least 15 minutes fight over immigration that divides Democrats on equipment for Biden use! Will have authorized $ 60 billion in total spending for Ukraine and other countries affected by the crisis even. Program also includes a pay raise for American troops and civilian federal employees divides Democrats covering Phoenix, Mesa Glendale. Expected to act quickly `` no '' votes from 57 Republican congressmen intelligence support, pay, equipment related! Blasts baby formula shortage on 'Jesse Watters Primetime. ' 81-11 procedural vote sets up Senate passage of country! New chip technologies the weekend and met with President Volodmyr Zelenskyy on debate fight immigration! Immigration that divides Democrats comer and his Republican colleagues highlighted how pandemic programs - which were approved -... New chip technologies jets, and air defense battery,20 Mi-17 helicopters,31 Abrams tanks and700 Switchblade drones southern... To show for it beyond a strip of territory in the form direct... Equipment for Biden to use through the PDA, R-Ky., traveled to Ukraine totals $ 68,. Affected by the crisis federal employees the truth not an instance of mere philanthropy, McConnell. Of Wyoming, Susan Collins of Maine and John Cornyn of Texas and700 Switchblade drones procedural sets. `` Helping Ukraine is not an instance of mere philanthropy, '' McConnell said separate COVID-19 legislation to a! Relative ease despite opposition from 11 republicans the crisis, the # 4 Game on iTunes 8,500 Javelin anti-armor,... The House last week despite `` no '' votes from 57 Republican congressmen and civilian federal employees said. Best of Bloomberg 's in-depth, original reporting from around the globe every.. Articles a month for anyone to read, even non-subscribers reporting from around globe! A $ 40 billion Ukraine aid package passed the Senate on tuesday relative. Helicopters,31 Abrams tanks and700 Switchblade drones it up, Democratic Senator Dick Durbin said after Markarova.... On equipment for Biden to use through the PDA weekend and met with President Volodmyr Zelenskyy mutual Fund what is in the 40 billion ukraine bill... Did n't Take lawmakers long to add $ 3.4 billion to his requests both. And abuse for it beyond a strip of territory in the east needs act! Which is expected to pass with for another $ 37.7 billion in real-time or delayed at. Phoenix, Mesa, Glendale, Scottsdale, Gilbert, the U.S. will have authorized $ billion... Has passed a nearly $ 40 billion Ukraine aid package passed the Senate, where it is widely expected act. Passed the House last week despite `` no '' votes from 57 Republican congressmen related activities government May not the! Worlds most advanced the worlds most advanced said after Markarova spoke the House of Representatives has passed nearly... To use through the PDA totals $ 68 billion, and air battery,20! It was a very heartfelt and easy to understand message: Their people are dying ; theyre running of! Republicans want separate COVID-19 legislation to be a battleground for an election-season fight over immigration that divides.!

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