what is in the 40 billion ukraine bill

The legislation has been approved overwhelmingly by the House and has strong bipartisan support in the Senate. 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. . '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. Bidens fellow Democrats narrowly control Congress, but the bill will need Republican votes to get through the Senate. Greg Nash/Pool via AP, File. Thwarting this ambition by supporting Ukraine makes sense. Republicans on the House Armed Services Committee have urged Biden to keep providing the lethal aid necessary for Ukraine to counter Putin's 'unprovoked' invasion. 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.. 'This is shown, for example, by the vast amount of funds that EU governments mobilized to cushion the energy price shock at home. Reflecting international concerns prompted by the assault, Finland's leaders announced their support for joining NATO and Sweden seemed not far behind. The massive full-year government funding bill released early Tuesday contains $45 billion in new emergency funds for Ukraine in its battle against Russian forces, nearly 20 percent higher than the Biden administration requested. 2 Samsung is growing in Texas. "It bears directly on America's national security and vital interests that Russia's naked aggression not succeed and carries significant costs.". 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, bipartisan commitment to thwart Russian President Vladimir Putin's bloody three-month-old invasion. The same day, the U.S. House of Representatives approved more than $40 billion in military and humanitarian aid for Ukraine. Show More. 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. We've got to get serious about getting tough on China's trade cheating, which this administration is not. Mutual Fund and ETF data provided by Refinitiv Lipper. Posted May 10, 2022 at 5:30pm. 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. We've received your submission. 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. The administration does not plan to fund entire projects: Biden administration officials say they plan to offer grants of between 5 to 15 percent of a companys capital expenditures for a project, with funding not expected to exceed 35 percent of the cost. 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. Thats not isolationism. The House of Representatives has passed a nearly $40 billion bill that will aid Ukraine in its war with Russia. 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. Surrounded by soldiers the Ukrainian President Volodymyr Zelenskyy attends a national flag-raising ceremony in the freed Izium, Ukraine, Wednesday, Sept. 14, 2022. Fox News' Marisa Schultz, Lawrence Richard and The Associated Press contributed to this report. Military analysts believe the Western hardware has been essential in helping Ukrainian forces keep the Russians at bay. Get stock market quotes, personal finance advice, company news and more. Another $6.98 billion will go toward U.S. European Command mission and intelligence support, pay, equipment and related activities. 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 . 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. $8.766 billion for the Economic Support Fund to respond to emergent needs in Ukraine, provide needed budget support to assist with Ukraine's continuity of government, and economy.". "I'm concerned that it shortchanges priorities here at home. That helped create a car shortage and raise the price of cars, stoking inflation. 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. The bill, which includes military, economic and humanitarian assistance to. 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. 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. The House of Representatives passed a new $40 billion aid package for Ukraine on Tuesday as it continues to battle a Russian invasion and all votes against the measure came from Republicans.. 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 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 GOP believes accelerated financial packages - similar to those approved during the COVID pandemic - are open to mismanagement or abuse. Another $11 billion will be distributed later this year to support research into new chip technologies. 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. Moscow has little to show for it beyond a strip of territory in the south and marginal gains in the east. Do not sell or share my personal information. The FMF replenishes the stockpiles of NATO allies, and Biden has used that three times to hand over $3.1billion of support. The House passed the Ukraine spending bill by 368 to 57, with only Republicans voting against it. Senator Bill Hagerty (R-TN) to the newsmaker line to discuss his decision not to vote for the 40 billion-dollar aid package to Ukraine and the concerted effort by the Biden administration to "transform" the United States of America. All Democrats and most Republicans backed it, though every "no" vote came from the GOP. Quotes displayed in real-time or delayed by at least 15 minutes. 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. The package that passed 86-11 will give Ukraine another round of military and humanitarian assistance as the war with Russia drags on. 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. Senate Minority Leader Mitch McConnell, R-Ky., meets President Zelenskyy in Ukraine. AP/Manuel Balce Ceneta. Covering Phoenix, Mesa, Glendale, Scottsdale, Gilbert, the valley . Some Republicans opposed the bill, criticizing Democrats for moving too quickly to send too many U.S. taxpayer dollars abroad. Why? 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. A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other . 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. It's a matter of not putting America's national security interests first and not having any clear plan," Hawley told Fox News Digital. The $858 billion legislation, directing more military aid for Ukraine and Taiwan, now heads to President Biden for his signature. The mine collapsed because of a landslide that day, burying several workers under a debris pile 550 yards wide and approximately 87 yards high, Reuters reported citing state-broadcaster "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 Associated Press contributed to this report. Most young men are single. 2023 FOX News Network, LLC. This material may not be published, broadcast, rewritten, (Bloomberg) -- BASF SE declined after detailing plans to cut 2,600 positions globally as well ending a share buyback early because of a deteriorating global economy amid Europe's energy crisis. Gina Raimondo, the secretary of commerce, describes the program as foremost a national security initiative. This includes the $6 billion in direct security. Last May, Congress passed setting a $11billon limit on equipment for Biden to use through the PDA. 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. This involves delivering supplies from the U.S. military's own arsenal. '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. Most young women are not. American peasants you get nothing because this administration hates you! 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. In the spring, the new Congress will consider aid in the context of the administration's proposed FY 2024 budget. Tennessee's two GOP senators were two of the 11 senators who voted May 16 against expediting a floor vote on President Joseph R. Biden Jr.'s $40 billion aid package to Ukraine, H.R. The comments below have not been moderated. The latest bill, when added to the $13.6 billion Congress approved in March, would push American aid to the region well above $50 billion. Get browser notifications for breaking news, live events, and exclusive reporting. 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 . The . 'America cant afford to keep on writing checks. The bill now awaits a vote in the Senate, where it is widely expected to pass with . 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. TSMC, which produces most of the worlds leading-edge chips, has been busy expanding in Arizona, while No. 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. 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. Final passage is not in doubt. You've successfully subscribed to this newsletter! / CBS/AP. 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. 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