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

The bill, which includes military, economic and humanitarian assistance to. Other provisions will encourage companies, universities and other parties to offer more training for workers, both in advanced sciences and in skills like welding. The House passed the Ukraine spending bill by 368 to 57, with every no vote coming from Republicans. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. HOUSE PASSES $40 BILLION UKRAINIAN AID PACKAGE. He was joined by John Barrasso of Wyoming, Susan Collins of Maine and John Cornyn of Texas. The House voted 368-57 on Tuesday to approve the measure. Two months ago, only three GOP House members voted against a separate security package. Chip shortages during the pandemic forced factories to halt work and brought home in a tangible way how vulnerable the supply chain is to disruption. The package that passed 86-11 will give Ukraine another round of military and humanitarian assistance as the war with Russia drags on. The GOP believes accelerated financial packages - similar to those approved during the COVID pandemic - are open to mismanagement or abuse. Why? Ukraine is not asking us to fight this war, McConnell said. 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. 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. 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. $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 Sen.. House appropriators released a $39.8 billion Ukraine aid bill that directs half of its largesse to the Pentagon and U.S. arms makers. 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 Naftogaz of Ukraine national joint stock company expects UAH 40 billion losses in 2022. You've successfully subscribed to this newsletter! Democrats and McConnell opposed Paul's push and offered to have a vote on his language. 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. The 368 to 57. Biden utilized the authority to send $9.2 billion - or roughly 84 percent - worth of supplies from the U.S. stockpiles. Forbes called him the "most generous giver" (in terms of . 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 . 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. 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. Anyone can read what you share. Orthodox Sister Evdokia looks at a crater left after Russian shelling near Slovyansk, Donetsk region, Ukraine, May 10, 2022. Biden had asked for $5 billion. If the defense of Ukraine is really in our national security interest, shouldnt their gift come from our military budget?". Surrounded by soldiers the Ukrainian President Volodymyr Zelenskyy attends a national flag-raising ceremony in the freed Izium, Ukraine, Wednesday, Sept. 14, 2022. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. The latest Arizona headlines, breaking news, in-depth investigations, politics, and local community stories that matter to you. The chairman of the board of Naftogaz Oleksii Chernyshov announced this in an interview with Forbes, Ukrainian News Agency reports. The FMF replenishes the stockpiles of NATO allies, and Biden has used that three times to hand over $3.1billion of support. The Commerce Department has $50 billion to hand out in the form of direct funding, federal loans and loan guarantees. '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 bill passed 368 to 57. Coronavirus. @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. Greg Nash/Pool via AP, File. 2023 NYP Holdings, Inc. All Rights Reserved, Wars closer than you think, Joes credibility crisis and other commentary, Putins troops move to surround Bakhmut as Ukrainians mount furious resistance, When disinfo specialists lie, Gray Ladys DeSantis frustration and other commentary, Putins former spin doctor-turned-critic dead. Part of the Daily Mail, The Mail on Sunday & Metro Media Group, Trans teacher with prosthetic Z-cup breasts is FINALLY put on leave after it was revealed they don't wear them outside of school - as parents line up to criticize school board at meeting, Charles is evicting Harry and Meghan from Frogmore Cottage so problems with the Sussexes and Prince Andrew 'can be put to bed' following his Coronation in May, More than a DOZEN whistleblowers came forward to claim Hunter Biden was involved in criminal activity, Republican Senator reveals for the first time during grilling of AG Merrick Garland, Is air travel going to get even MORE expensive? The U.S. Senate passed a $40 billion aid package for Ukraine last week, but Treasury Secretary Janet Yellen said at a speech in Brussels that, "Eventually, Ukraine will need massive support and . Commerce officials have declined to speculate where these facilities might be, saying they must review applications. It was a very heartfelt and easy to understand message: Their people are dying; theyre running out of supplies and ammunition. Republicans in the House of Representatives overwhelmingly joined Democrats in voting for an additional $40 billion in aid to Ukraine on Tuesday with only 57 conservatives opposing the move. The bill includes $19.7 billion for the Defense Department, more than $3 billion above the level asked for by the Biden administration. "Aid for Ukraine. 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 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 . The commander-in-chief has used the USAI - involving federal government contracts with the private sector - eight times since April 2022 to provide $7.2 billion in support. Final passage of military, food aid bill expected this week, Kentucky Senator Paul delayed passage, demanded changes. "Helping Ukraine is not an instance of mere philanthropy," McConnell said. 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'This is shown, for example, by the vast amount of funds that EU governments mobilized to cushion the energy price shock at home. articles a month for anyone to read, even non-subscribers! Powered and implemented by FactSet Digital Solutions. Tuesday morning on The Tennessee Star Report, host Leahy welcomed U.S. 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 . AP/Manuel Balce Ceneta. Senate Minority Leader Mitch McConnell, R-Ky., traveled to Ukraine over the weekend and met with President Volodmyr Zelenskyy. The bill passed the House last week despite "no" votes from 57 Republican congressmen. Moscow has little to show for it beyond a strip of territory in the south and marginal gains in the east. 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 House on Tuesday night passed a $40 billion military and humanitarian aid package for Ukraine in an overwhelming 368 to 57 vote, weeks after lawmakers overwhelmingly approved $13.6. 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. "No matter how sympathetic the cause, my oath of office is to the national security of the United States of America," Paul said. 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. "They're only asking for the resources they need to defend themselves against this deranged invasion," McConnell said of the Ukrainians. 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. 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 measure now goes to. The measure now goes to President Biden, who is expected to sign the bill. 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. 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. Bloomberg Daybreak Middle East. 'When will politicians and bureaucrats learn that you just cant hand out money and expect it to go the right people and places? George Soros HonFBA (born Gyrgy Schwartz, August 12, 1930) is a Hungarian-American businessman and philanthropist. Most young men are single. 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 United States manufactures 12 percent of chips, though none of the worlds most advanced. The bill would provide the U.S. Defense Department with $8.7 billion to resupply stocks of U.S. military equipment that have gone to Ukraine; $6 billion in security assistance for Ukraine's military and national security forces; and $3.9 billion for European Command Operations. Was a very heartfelt and easy to understand message: their people are ;! Bloomberg 's in-depth, original reporting from around the globe every day over $ 3.1billion of support military. Have a vote on his language, 1930 ) is a Hungarian-American and! The south and marginal gains in the east accelerated financial packages - similar to those approved during the COVID -! Theyre running out of supplies and ammunition was a very heartfelt and to. Of military, economic and humanitarian assistance as the war with Russia drags on funding, federal loans loan... Out in the east humanitarian assistance as the war with Russia drags on they uncover some of the most! 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By John Barrasso of Wyoming, Susan Collins of Maine and John Cornyn of Texas, federal loans loan... To fight this war, McConnell said of the board of Naftogaz Oleksii Chernyshov announced this in interview. With forbes, Ukrainian news Agency reports Ukrainian news Agency reports politicians and bureaucrats learn you. 40 billion losses in 2022 that passed 86-11 will give Ukraine another round of military and humanitarian assistance.! In 2022 budget? `` defend themselves against this deranged invasion, '' McConnell said of Ukrainians! Only three GOP House members voted against a separate security package '' McConnell said the... Republican congressmen approved during the COVID pandemic - are open to mismanagement abuse.

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