By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > US Senate passes $95bn bill including aid for Ukraine
News

US Senate passes $95bn bill including aid for Ukraine

News Room
Last updated: 2024/04/23 at 10:34 PM
By News Room
Share
5 Min Read
SHARE

Stay informed with free updates

Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox.

The US Senate has voted to approve a $95bn bill delivering security aid to Ukraine, Israel and the Indo-Pacific region, after it drew overwhelming bipartisan support in a boost to Joe Biden’s top foreign policy priorities.

The final passage of the legislation in Congress on Tuesday ends a political logjam that had lasted for months and cast doubt on America’s ability to project power around the world.

The approval from Capitol Hill will pave the way for Washington quickly to dispatch new weapons to Ukraine as it battles Russia’s full-scale invasion: US officials said some aid for Kyiv would be forthcoming within days.

It will also bolster US military assistance for Israel after it exchanged drone attacks and missile strikes with Iran over the past 10 days — and comes despite mounting tensions between the White House and Israeli leaders over their conduct of the war in Gaza against Hamas and the heavy Palestinian civilian casualties.

The passage of the bill represents a big legislative victory for Biden as he heads into a general election battle against Donald Trump in November — and a defeat for foreign policy isolationists, particularly Republican lawmakers close to the former president, who had been holding up support for Kyiv for months.

The bill won support from 79 senators, with 18 voting against.

Biden immediately cheered its passage in a statement and said he would sign the bill on Wednesday, so aid could start reaching Ukraine as early as this week. “Congress has passed my legislation to strengthen our national security and send a message to the world about the power of American leadership: we stand resolutely for democracy and freedom, and against tyranny and oppression.”

John Kirby, the White House National Security Council spokesperson, said: “Mr Putin thinks he can play for time, so we’ve got to try to make up some of that time.”

The highest hurdle for the bill was cleared on Saturday after Mike Johnson, the Republican Speaker of the House of Representatives, decided to bring Ukraine aid up for a vote after months of internal divisions and in the face of rank-and-file lawmakers, such as Marjorie Taylor Greene of Georgia, who threatened to oust him from his role.

Supporters of the legislation in both parties and at the White House saw it as a victory for US leadership in the world, but it was still a bittersweet moment because of the time it took for it to pass Congress.

“So much of the hesitation and short-sightedness that has delayed this moment is premised on sheer fiction,” Mitch McConnell, the Republican Senate minority leader, said on Tuesday, blaming Tucker Carlson, the former Fox News host who recently interviewed Russian President Vladimir Putin in Moscow, for “demonising” Ukraine.

“Make no mistake: delay in providing Ukraine the weapons to defend itself has strained the prospects of defeating Russian aggression. Dithering and hesitation have compounded the challenges we face,” McConnell said.

But opponents of Ukraine aid continued to attack the legislation. JD Vance, the Ohio Republican senator close to Trump, said the arguments in favour of Ukraine aid echoed those that led to the US invasion of Iraq in 2003.

“It’s the same exact talking points 20 years later with different names,” Vance said. Some leftwing lawmakers, meanwhile, criticised the bill for allowing Israel to keep receiving offensive weapons from the US. Bernie Sanders, the Vermont senator, pushed for an amendment to strip those measures from the legislation but it was not considered.

He joined two Democrats and 15 Republicans who opposed the package. “I voted no tonight on the foreign aid package for one simple reason: US taxpayers should not be providing billions more to the extremist Netanyahu government to continue its devastating war against the Palestinian people,” Sanders said.

Read the full article here

News Room April 23, 2024 April 23, 2024
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Gold slides as rally loses steam

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Markets are in risk-off mode: Some of the ‘bloom is off the rose’ for AI, strategist says

Watch full video on YouTube

Why Iran Is Moving Oil Markets

Watch full video on YouTube

Why 2026 could be a good setup for stocks, bitcoin slides below $85K

Watch full video on YouTube

Why Everyone’s Suddenly Talking About Private Credit

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

Gold slides as rally loses steam

By News Room
News

Golden Buying Opportunities: Deeply Undervalued With Potential Upside Catalysts

By News Room
News

NewtekOne, Inc. (NEWT) Q4 2025 Earnings Call Transcript

By News Room
News

Tesla lurches into the Musk robotics era

By News Room
News

Keir Starmer meets Xi Jinping in bid to revive strained UK-China ties

By News Room
News

Canadian Pacific Kansas City Limited (CP:CA) Q4 2025 Earnings Call Transcript

By News Room
News

SpaceX weighs June IPO timed to planetary alignment and Elon Musk’s birthday

By News Room
News

Japan’s discount election: why ‘dirt cheap’ shoppers became the key voters

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?