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U.S. Congress Plans $39.8B More For Ukraine

  • Writer: By The Financial District
    By The Financial District
  • May 11, 2022
  • 2 min read

US congressional Democrats agreed to rush $39.8 billion in additional aid for Ukraine, two sources familiar with the proposal said on Monday, easing fears a delayed vote could interrupt the flow of US weapons to the Kyiv government, Patricia Zengerle reported for Reuters.


Photo Insert: Secretary of State Antony Blinken and Defense Secretary Lloyd Austin said the military had enough funds to send weapons to Kyiv for just the next two weeks.



The House of Representatives could pass the plan, which exceeds President Joe Biden's request last month for $33 billion, as soon as Tuesday, and Senate leaders said they were also prepared to move quickly.


A proposal for additional COVID-19-related funding, which some Democrats had wanted to combine with the emergency Ukraine funding, will now be considered separately.



Biden on April 28 asked Congress for $33 billion to support Ukraine, including more than $20 billion in military assistance. That proposal was a dramatic escalation of US funding for the war with Russia.


The new proposal includes an additional $3.4 billion for military aid and $3.4 billion in humanitarian aid, the sources said.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Biden's fellow Democrats and Republicans both said they supported more aid for Ukraine and would approve emergency funding quickly, but it was delayed by disputes between the parties over whether additional funding for COVID-19 relief or stiffer immigration controls should be included.


The delay raised concerns across the capital. Biden issued a statement calling on lawmakers to pass the funding and get it to his desk for him to sign it into law in the next few days.


Government & politics: Politicians, government officials and delegates standing in front of their country flags in a political event in the financial district.

"We cannot allow our shipments of assistance to stop while we await further congressional action," he said.


In letters to US House Speaker Nancy Pelosi, top House Republican Kevin McCarthy and key committee chairs in both the House and Senate, Secretary of State Antony Blinken and Defense Secretary Lloyd Austin said the military had enough funds to send weapons to Kyiv for just the next two weeks.


Market & economy: Market economist in suit and tie reading reports and analysing charts in the office located in the financial district.

"We need your help," Blinken and Austin wrote in the letters reviewed by Reuters. They said there was only $100 million left to draw on under an authority that allows the president to authorize the transfer of weapons without congressional approval in response to an emergency.





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