Do not sell or share my personal information. 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 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. Please. 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. WATCH: The US Senate voted on Monday to advance the $40 billion Ukraine aid bill. Mutual Fund and ETF data provided by Refinitiv Lipper. Mr. Biden asked Congress for $33 billion two weeks ago. 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. Biden administration officials have said they expect the latest aid measure to last through September. The House of Representatives has passed a nearly $40 billion bill that will aid Ukraine in its war with Russia. U.S. Crime; 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 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.'. Bryant Harris. The largest portion of the money $39 billion will go to fund the construction of new and expanded manufacturing facilities. They need our help quickly. The bipartisan measure, backed by President Joe Biden, underscores U.S. determination to reinforce its support for Ukraine's outnumbered forces. 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. 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. "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.". Joe Biden is pictured on Monday in Kyiv alongside Ukrainian counterpart Zelensky. But lawmakers . Farm Heroes Saga, the #4 Game on iTunes. Market data provided by Factset. ", Ukrainian President Volodymyr Zelenskyy and Senate Minority Leader Mitch McConnell, R-Ky., pose for a photo in Kyiv, Ukraine, on Saturday, May 14. Some Republicans opposed the bill, criticizing Democrats for moving too quickly to send too many U.S. taxpayer dollars abroad. 109 Bradley infantry fighting vehicles,75,000 sets of body armor and helmets, 38 High Mobility Artillery Rocket systems, and4,000 Zuni aircraft rockets have also been sent over. If the administration gets it wrong, it could face intense criticism. Last year's budget deficit was almost $2.8 trillion but is likely headed downward, and the bill's spending is less than 0.2% of the size of the U.S. economy, suggesting its impact on inflation would be negligible. 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. Get the latest updates from the 2024 campaign trail, exclusive interviews and more Fox News politics content. We are no longer accepting comments on this article. First published on May 12, 2022 / 9:46 PM. The House voted 368-57 on Tuesday to approve the measure. But they have also promised 'robust' oversight to protect American taxpayers while making sure weapons make an impact on the battlefield. (Ukrainian Presidential Press Office via AP). That has prompted concerns about the supplys vulnerability, given Chinas aggression toward Taiwan and the potential for a military invasion of the island. '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.'. 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 $46 BILLION IN AID ON DRONES, TANKS AND MILITARY HARDWARE. This documentary-style series follows investigative journalists as they uncover the truth. 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. 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. Pictures were posted to Facebook on May 14, 2022, by Andrij Sybiha, a member of President Zelenskyys administration. Bloomberg Daybreak Middle East. 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 new aid package also includes humanitarian assistance - $5 billion to address food insecurity globally due to the conflict and nearly $9 billion for an economic support fund for Ukraine. It must help Ukraine win, not just fight to a draw. 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 . 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. Last week, 57 Republicans voted against the Ukraine assistance bill in the House. (Podcast). 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. It didn't take lawmakers long to add $3.4 billion to his requests for both military and humanitarian programs. Greg Nash/Pool via AP, File. 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 . 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. Thwarting this ambition by supporting Ukraine makes sense. 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. 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. Ukraine. He added, "It is more than any other country spends on their entire military expendituresour total aid to Ukraine will almost equal the entire military budget of Russia.". That would send it to President Joe Biden for his signature if no changes are made. The bill also includes a pay raise for American troops and civilian federal employees. 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,. 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. A confirmation vote from the full Senate will come later this week. Published November 18, 2022. 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. 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. "Aid for Ukraine. The CHIPS Act Is About More Than Chips: Heres Whats in It, https://www.nytimes.com/2023/02/28/business/economy/chips-act-childcare.html. Last May, Congress passed setting a $11billon limit on equipment for Biden to use through the PDA. Stories from Ukraine Biden's approval rating has hit a new low @POTUS, @SecBlinken, @SenateGOP, @SenateDems and American people were in strong support, and @RandPaul delayed so much needed support,Dymtro Kuleba, Ukraines minister of foreign affairs,wroteon Twitter at the time. 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 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.. It also authorizes $4 billion in Foreign Military Financing to provide support for Ukraine and other countries affected by the crisis. 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 . We could have already started using the new U.S. assistance package to more effectively save lives of Ukrainians who defend the democratic world. or redistributed. The war has killed thousands of civilians, forced millions of Ukrainians from their homes and reduced cities to rubble. 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. Gina Raimondo, the secretary of commerce, describes the program as foremost a national security initiative. President Joe Biden had asked Congress to approve an additional $33 billion in aid for Ukraine two weeks ago, but lawmakers decided to increase the military and humanitarian funding. All rights reserved. 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 . 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. There will be significant Republican support, he said. 'This is shown, for example, by the vast amount of funds that EU governments mobilized to cushion the energy price shock at home. 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. 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 . (AP Photo/Leo Correa), Lawmakers trounce Lobbyists in annual charity hockey game, These four House Republicans broke with the GOP to oppose inflation estimates bill, Biden mocks Rep. 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", MCCONNELL MAKES SURPRISE TRIP TO MEET ZELENSKYY IN UKRAINE, Senate Minority Leader Mitch McConnell, R-Ky., meets President Zelenskyy in Ukraine. '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. Live from Dubai, connecting Asian markets to the European opens. 'The Europeans' hesitancy in the first year of the war is a remarkable phenomenon, especially since financial resources can be quickly mobilized,' he added. 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. "Helping Ukraine is not an instance of mere philanthropy," McConnell said. Bidens fellow Democrats narrowly control Congress, but the bill will need Republican votes to get through the Senate. 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 . 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. 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 . 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. A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other priorities as well. Ukrainian President Volodymyr Zelenskyy and Senate Minority Leader Mitch McConnell, R-Ky., pose for a photo in Kyiv, Ukraine, on Saturday, May 14. Speed it up, Democratic Senator Dick Durbin said after Markarova spoke. The package that passed 86-11 will give Ukraine another round of military and humanitarian assistance as the war with Russia drags on. However, it is just as true that the $40 billion proposal is fiscally irresponsible and the epitome of everything that is wrong with how . 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. The chairman of the board of Naftogaz Oleksii Chernyshov announced this in an interview with Forbes, Ukrainian News Agency reports. '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. The House passed the Ukraine spending bill by 368 to 57, with every no vote coming from Republicans. The bill passed the House last week despite "no" votes from 57 Republican congressmen. Delta agrees 34% pay rise for pilots - worth up to $90k - with other major airlines set to follow suit, Parole is DENIED for Robert F. 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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. Kelly Laco is a politics editor for Fox News Digital. A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other . The bill provides appropriations to several federal departments and agencies, including the Department of Justice, the Department of Defense, the Nuclear Regulatory Commission, Heres a look at the CHIPS and Science Act, what it aims to do and how it will work. 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. 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