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'Giving $113 billion in aid to Ukraine without meaningful oversight is a recipe for fiscal disaster,' Taxpayers Protection Alliance David Williams also told DailyMail.com. 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This includes the $6 billion in direct security. 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. 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,. The measure now goes to President Biden, who is expected to sign the bill. 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. Final passage is not in doubt. First published on May 12, 2022 / 9:46 PM. For example, Biden has used the PDA 29 times since Russia invaded, according to the Committee for a Responsible Federal Budget. US House Passes $40 Billion Bill to Bolster Ukraine Against Russian Invasion. They need our help quickly. Last week, Sen. Rand Paul, R-Ky., blocked a measure that would have fast tracked the legislation to the Senate floor, and since then, other GOP senators have come out in opposition to the legislation saying its direction is muddled and would require additional oversight. 'The Americans are setting the pace in supporting Ukraine,'Christoph Trebesch, the head of the Ukraine Support Tracker team at the Kiel Institute said. But the final, 4,155-page package ultimately covered the supplemental aid for Ukraine in addition to the 12 annual spending bills for every federal agency. 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 bill provides appropriations to several federal departments and agencies, including the Department of Justice, the Department of Defense, the Nuclear Regulatory Commission, 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. This material may not be published, broadcast, rewritten, The bill, passed on an 86-to-11 vote Thursday, provides a combined $20 billion in military aid that is expected to finance the transfer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. 'America cant afford to keep on writing checks. 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. 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 Intel, a U.S. technology giant that is investing heavily to try to capture a technological edge, has broken ground on a megasite in Ohio. The Senate voted on Thursday to pass an additional $40 billion in new aid for Ukraine, after President Joe Biden called on Congress last month to deliver the additional . 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. The last time the United States gave Europe such substantial financial backing, President Harry Truman was trying to rebuild a continent ravaged by the Second World War. 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. The largest portion of the money $39 billion will go to fund the construction of new and expanded manufacturing facilities. 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 . Bryant Harris. 'Before Congress even discusses the possibility of additional aid, the public must get answers to a number of important questions. 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. Quotes displayed in real-time or delayed by at least 15 minutes. The $858 billion legislation, directing more military aid for Ukraine and Taiwan, now heads to President Biden for his signature. HOUSE PASSES $40 BILLION UKRAINIAN AID PACKAGE. Thwarting this ambition by supporting Ukraine makes sense. 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 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. 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. The bipartisan backing for Ukraine has been partly driven by accounts of Russian atrocities against Ukrainian civilians that have been impossible to ignore. The stakes are high for the Biden administration to prove this foray into industrial policy can work. ', 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. "No matter how sympathetic the cause, my oath of office is to the national security of the United States of America," Paul said. 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. 01 Mar 2023 12:40:33 THE $46 BILLION IN AID ON DRONES, TANKS AND MILITARY HARDWARE. Quotes displayed in real-time or delayed by at least 15 minutes. "I'm concerned that it shortchanges priorities here at home. Couldnt Congress simply shift over the $40 billion and not add it to the debt? Last May, Congress passed setting a $11billon limit on equipment for Biden to use through the PDA. 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. Why? 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.". This involves delivering supplies from the U.S. military's own arsenal. 2022 CBS Interactive Inc. All Rights Reserved. May 19, 2022 01:34 PM T he Senate on Thursday passed legislation aimed at providing $39.8 billion in additional military and humanitarian aid for Ukraine, just ahead of the deadline in which. 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 staggering sum of U.S. aid to Ukraine is far greater than any other nation. 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. Republicans want separate COVID-19 legislation to be a battleground for an election-season fight over immigration that divides Democrats. Thanks for contacting us. It neglects priorities at home (the border), allows Europe to freeload, short changes critical interests abroad and comes w/ no meaningful oversight, Hawley tweeted Monday. 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. 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. 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. 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. (Podcast). "That's why the package already includes millions of dollars to support additional oversight measures, including additional funding for existing inspectors general and we encourage all senators to promptly pass the bill as it stands, we feel what's in there sufficient.". 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. 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. The House of Representatives has passed a nearly $40 billion bill that will aid Ukraine in its war with Russia. The US spends more on our military than the next 8 countries combined. 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. Posted May 10, 2022 at 5:30pm. 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. Democrats said they were objecting to Paul's plan because it would expand the powers of an existing inspector general whose current purview is limited to Afghanistan. The package includes $6 billion for security assistance, including training, equipment, weapons and support; $8.7 billion to replenish stocks of U.S. equipment sent to Ukraine, and $3.9 billion for European Command operations. You've successfully subscribed to this newsletter! "It bears directly on America's national security and vital interests that Russia's naked aggression not succeed and carries significant costs.". Biden had called on Congress to move quickly so he could sign the bill into law before existing defense aid for Ukraine runs out later in May. 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. And a Car. '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.'. Please. The push toward passage came as Russia continued blasting Ukrainian forces and cities in southern and eastern portions of the country. Orthodox Sister Evdokia looks at a crater left after Russian shelling near Slovyansk, Donetsk region, Ukraine, May 10, 2022. Company finances can be opaque, and when a company saves a dollar in the United States, it may then choose to invest it elsewhere. The FMF replenishes the stockpiles of NATO allies, and Biden has used that three times to hand over $3.1billion of support. A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other priorities as well. 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But Americans are starting to wonder where the money goes, how it is being spent, and if it the cost of the aid is worth it. All rights reserved. As a subscriber, you have 10 gift articles to give each month. House appropriators released a $39.8 billion Ukraine aid bill that directs half of its largesse to the Pentagon and U.S. arms makers. 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 House voted 368-57 on Tuesday to approve the measure. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. It didn't take lawmakers long to add $3.4 billion to his requests for both military and humanitarian programs. WASHINGTON The House emphatically approved a fresh $40 billion Ukraine aid package Tuesday as lawmakers beefed up President Joe Biden's initial request, signaling a . 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. Already 40 percent of the members of the Glastuinbouw Nederland group are operating at a loss, due to excessive energy costs. Schumer and McConnell stood nearly side-by-side as they tried pushing the legislation forward. Other provisions will encourage companies, universities and other parties to offer more training for workers, both in advanced sciences and in skills like welding. 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. Legal Statement. 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. 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. EXCLUSIVE: Sen. Josh Hawley, R-Mo., is warning that a measure by Congress to give Ukraine $40 billion additional funding in its war against Russia is evidence of the Biden administration's "misplaced priorities" and will be detrimental to the security of the U.S. '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 Commerce Department also said it would dole out funding over time as companies hit project milestones, and give preference to those that pledged to refrain from stock buybacks, which tend to enrich shareholders and corporate executives by increasing a companys share price. War in Ukraine Russian combat capabilities Europe Congress set to approve an additional $40 billion in aid to Ukraine House backed the proposal Tuesday night on a bipartisan vote, with the. It was a very heartfelt and easy to understand message: Their people are dying; theyre running out of supplies and ammunition. "Kyiv would become the largest yearly recipient of U.S. military aid over the past two decades," Paul said. However, it is just as true that the $40 billion proposal is fiscally irresponsible and the epitome of everything that is wrong with how . We could have already started using the new U.S. assistance package to more effectively save lives of Ukrainians who defend the democratic world. 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. It was 1947, and the Democrat was trying to persuade a weary population mourning the deaths of 470,000 American troops that other countries destroyed by war needed aid to rebuild and fight off the ongoing threat from Joseph Stalin's Soviet Union. 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. 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. 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. Biden had asked for $5 billion. A major change is that this package looks ahead months rather than weeks. Powered and implemented by FactSet Digital Solutions. ", Ukrainian President Volodymyr Zelenskyy and Senate Minority Leader Mitch McConnell, R-Ky., pose for a photo in Kyiv, Ukraine, on Saturday, May 14. (Ukrainian Presidential Press Office via AP). 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 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. The United States manufactures 12 percent of chips, though none of the worlds most advanced. 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 .. "To do that, we've got to get in the right posture in the Indo-Pacific, which we're not currently. Two months ago, only three GOP House members voted against a separate security package. Kentucky Republican Sen. Rand Paul defied leaders of both parties Thursday and delayed until next week Senate approval of an additional $40 billion to help Ukraine and its allies withstand Russia's three-month old invasion. Most young men are single. 'President Biden has been complaining that the Republicans dont care about the deficit or debt and here he is handing out billions of taxpayer dollars in additional aid to Ukraine. 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 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. 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. Musks TeslaMaster Plan Lacks Drive. 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. 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. $13.6 billion for aid to Ukraine . Congressional leaders struck a deal Monday to send $39.8 billion in military and humanitarian aid to Ukraine that could be taken up by the House as soon as Tuesday, Axios has learned. 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. If the defense of Ukraine is really in our national security interest, shouldnt their gift come from our military budget?". 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 House passed a $39.8 billion bill on Tuesday night to support Ukraine in its fight against invading Russian forces. 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. 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 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. Micron, which makes advanced memory chips, has announced big expansion plans in New York. The Biden administration unveiled rules Tuesday for its Chips for America program to build up semiconductor research and manufacturing in the United States, beginning a new rush toward federal funding in the sector. 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 . 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. We've received your submission. 2023 FOX News Network, LLC. The 368 to 57. 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. 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