what is in the 40 billion ukraine billwhat is in the 40 billion ukraine bill

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 . HOUSE PASSES $40 BILLION UKRAINIAN AID PACKAGE. Thats nationalism. But analysts said it remained to be seen how difficult it would be to enforce these provisions. The FMF replenishes the stockpiles of NATO allies, and Biden has used that three times to hand over $3.1billion of support. Some Republicans opposed the bill, criticizing Democrats for moving too quickly to send too many U.S. taxpayer dollars abroad. Play it now! 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.. Gina Raimondo, the secretary of commerce, describes the program as foremost a national security initiative. The House passed a nearly $40 billion package for Ukraine late Tuesday, sending the bill to the Senate as lawmakers heed President Joe Biden's warning that U.S. cash to help the allied country . competition for the money has been intense, Taiwan Semiconductor Manufacturing Company, Heres what the program aims to do and how it will work, power of the federal government to transform private industry, increase U.S. market share only to 14 percent, share a portion of any unanticipated profits, barred from making new, high-tech investments in China, to guarantee affordable, high-quality child care. ", "What about taking the $40 billion from elsewhere in the budget? / CBS/AP. That helped create a car shortage and raise the price of cars, stoking inflation. Russia-Ukraine Conflict House passes $40 billion Ukraine package to provide military, humanitarian aid The House voted a day after President Joe Biden called on Congress to "immediately". At the same time, China has increased its market share in less advanced chips that are still critical for cars, electronics and other products. George Soros HonFBA (born Gyrgy Schwartz, August 12, 1930) is a Hungarian-American businessman and philanthropist. 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. According to Ms. Raimondo, the goal is to build at least two U.S. manufacturing clusters to produce the most advanced types of logic chips, as well as facilities for other kinds of chips, and complex supply networks to support them. U.S. aid to Ukraine totals $68 billion, and the White House has just asked Congress for another $37.7 billion. 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. Hawley also remarked to Fox News Digital that there are "no meaningful restraints or oversight" on the bill, which could cause many issues, he explained. 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. There has been a push from both Republicans and Democrats to provide F-16s. 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. We've received your submission. 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. TSMC, which produces most of the worlds leading-edge chips, has been busy expanding in Arizona, while No. 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. Updated on: May 13, 2022 / 9:11 AM 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. WATCH: The US Senate voted on Monday to advance the $40 billion Ukraine aid bill. 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 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. Ms. Raimondo has said the vision is to restore the United States to a position of leadership in semiconductor technology, to the point where every major global chip company wants to have both research and manufacturing facilities in the United States. 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. ", MCCONNELL MAKES SURPRISE TRIP TO MEET ZELENSKYY IN UKRAINE, Senate Minority Leader Mitch McConnell, R-Ky., meets President Zelenskyy in Ukraine. Do not sell or share my personal information. "We cannot save Ukraine by dooming the U.S. The 368 to 57. "All he will accomplish with his actions here today is to delay that aid, not to stop it.". Get browser notifications for breaking news, live events, and exclusive reporting. 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. It's a matter of not putting America's national security interests first and not having any clear plan," Hawley told Fox News Digital. But chip makers have already announced billions of dollars in plans for new investments around the United States. 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. '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. "And they need this help right now.". 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 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. Still, there is skepticism about how much the program can do. "My biggest concern is that I don't think this represents a nationalist foreign policy. 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. The Senate finally approved an additional $40 billion in military and humanitarian aid for Ukraine on Thursday after Sen. Rand Paul blocked the legislations swift passage last week much to the ire of his colleagues. And House Minority Leader Kevin McCarthy (R-Calif.), who didnt participate in negotiations, pressed his colleagues to delay another round of funding to aid Ukraine, saying he wouldnt back a blank check.. 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 .. '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. Heres a look at the CHIPS and Science Act, what it aims to do and how it will work. First published on May 12, 2022 / 9:46 PM. A major change is that this package looks ahead months rather than weeks. Paul who had delayed the proposal to insist on language appointing a special inspector general to oversee the distribution of the money was one of 11 Republicans to vote against final passage, along with Marsha Blackburn of Tennessee, John Boozman of Arkansas, Mike Braun of Indiana, Mike Crapo of Idaho, Bill Hagerty of Tennessee, Josh Hawley of Missouri, Mike Lee of Utah, Cynthia Lummis of Wyoming, Roger Marshall of Kansas, and Tommy Tuberville of Alabama. Paul, who unsuccessfully sought his party's 2016 presidential nomination, argued that the added spending was more than the U.S. spends on many domestic programs, was comparable to Russia's entire defense budget and would deepen federal deficits and worsen inflation. It didn't take lawmakers long to add $3.4 billion to his requests for both military and humanitarian programs. 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.". The rest of the United States' financial assistance covers funds for humanitarian and financial aid such as food, safe drinking water and medical supplies. 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. Theyre only asking for the resources they need to defend themselves against this deranged invasion, and they need help right now., McConnell urged his colleagues to support the package Thursday, saying: Anyone concerned about the cost of supporting a Ukrainian victory should consider the much larger cost should Ukraine lose., Schumer, for his part, accused Republicans opposed to the bill of running thesame soft on Putin playbook that we saw used by former President Trump.. Show More. 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 . 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 bill also includes a pay raise for American troops and civilian federal employees. Schumer and McConnell stood nearly side-by-side as they tried pushing the legislation forward. ', Ukrainian servicemen of the 3rd Separate Tank Iron Brigde take part in an exercise in the Kharkiv area on 23 February 2023, the day before the one year mark since the war began, Russian President Vladimir Putin lays flowers at a memorial to the Hero Cities of the Great Patriotic War against Nazi Germany, by the Kremlin Wall on the Defender of the Fatherland Day in Moscow, Russia, February 23. Oksana Markarova, Ukraines ambassador to the United States, appealed for assistance to both Democratic and Republican senators at their weekly party lunches on Tuesday. "Aid for Ukraine. This includes the $6 billion in direct security. 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. 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. 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. This material may not be published, broadcast, rewritten, 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. Final passage is not in doubt. Pictures were posted to Facebook on May 14, 2022, by Andrij Sybiha, a member of President Zelenskyys administration. Pictures were posted to Facebook on May 14, 2022, by Andrij Sybiha, a member of President Zelenskyys administration. We could have already started using the new U.S. assistance package to more effectively save lives of Ukrainians who defend the democratic world. 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). washington 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. 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. "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. The Associated Press contributed to this report. 'Time is not on our side the longer the war lasts, the harder it will be for Western allies to stay united, and the more likely the Chinese Communist Party will be emboldened by an inconclusive stalemate to launch its own war of aggression against Taiwan.'. 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. All rights reserved. I applaud the Congress for sending a clearbipartisanmessage to the world that the people of theUnited Statesstand together with the brave people of Ukraine as they defend their democracy and freedom, Biden said in a statement following the vote. 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. 'When will politicians and bureaucrats learn that you just cant hand out money and expect it to go the right people and places? The program also includes some ambitious and unusual requirements aimed at benefiting the people who will staff semiconductor facilities. 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. Paul stood in objection to the effort supported by both. House appropriators released a $39.8 billion Ukraine aid bill that directs half of its largesse to the Pentagon and U.S. arms makers. If Biden is serious about avoiding a debt ceiling disaster, he needs to act like it and put away the taxpayers checkbook. Comer and his Republican colleagues highlighted how pandemic programs - which were approved quickly - later fell victims to fraud and abuse. 'It is critical that government agencies administering these funds ensure they are used for their intended purposes to prevent and reduce the risk of waste, fraud, and abuse. T he Senate on Monday voted to limit debate on a nearly $40 billion Ukraine aid bill after it was initially blocked by Sen. Rand Paul (R-KY) last week, allowing the bill to move toward. The week before, House Speaker Nancy Pelosi, D-Calif., visited Ukraine accompanied by several of her Democratic colleagues. The House passed the Ukraine spending bill by 368 to 57, with every no vote coming from Republicans. Workers at Ford Motor factories in Michigan and Indiana worked a full week just three times last year because of a chips shortage, Ms. Raimondo said in a speech at Georgetown University last week. The $858 billion legislation, directing more military aid for Ukraine and Taiwan, now heads to President Biden for his signature. Thwarting this ambition by supporting Ukraine makes sense. Trump successfully chilled FBI from being willing to investigate anything Christie: Trump grand jury foreperson did a lot of damage to case, Bill Maher: I am afraid of Trump on a very personal level, Trumps polling strength causes heartburn for Senate GOP. Military analysts believe the Western hardware has been essential in helping Ukrainian forces keep the Russians at bay. 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. Couldnt Congress simply shift over the $40 billion and not add it to the debt? Another $11 billion will be distributed later this year to support research into new chip technologies. (Andrij Sybiha/Facebook). 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 . MarketWatch provides the latest stock market, financial and business news. 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 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. articles a month for anyone to read, even non-subscribers! If the defense of Ukraine is really in our national security interest, shouldnt their gift come from our military budget?". 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. , live events, and Biden has used that three times to over! For Ukraine and Taiwan, now heads to President Biden for his signature 9:46 PM, directing more military for... Stockpiles of NATO allies, and the White House has just asked Congress for another $ 11 billion be... To hand over $ 3.1billion of support it remained to be seen how difficult would... Watch: the US Senate voted on Monday to advance the $ 40 billion and add... You just cant hand out money and expect it to the debt and his Republican colleagues highlighted how programs. 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