", "What about taking the $40 billion from elsewhere in the budget? 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. Biden added that he would announce yet another security assistance package later Thursday that will provide additionalartillery, radars, and other equipmentto Ukraine, which they are already using so effectively on the battlefield. articles a month for anyone to read, even non-subscribers! We want to make sure that theres a relationship, that theyre able to defend themselves and take on what is purely the ugliest aggression thats occurred since World War II on a massive scale, on the part of Putin, within Ukraine, Biden said in November. "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.". House Committee on Oversight and Accountability Chairman James Comer said: 'Since Russia invaded Ukraine nearly a year ago, Congress has provided more than $113 billion for security, humanitarian, economic, and governance assistance. Democrats and McConnell opposed Paul's push and offered to have a vote on his language. "I would say that we agree oversight is critical," Psaki replied. Judge says Starbucks committed egregious and widespread labor violations Senate group wades into tough talks on Social Security, Fight in high school classroom leaves one dead, one injured, Zero-calorie sweetener popular in keto diets linked to strokes, heart attacks. Micron, which makes advanced memory chips, has announced big expansion plans in New York. Final passage of military, food aid bill expected this week, Kentucky Senator Paul delayed passage, demanded changes. Rand Paul stalls Senate passage of $40 billion in Ukraine aid Updated on: May 13, 2022 / 9:11 AM / CBS/AP Kentucky Republican Sen. Rand Paul defied leaders of both parties Thursday and. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Stocks Drop for a Second Day; Yields Stay Elevated: Markets Wrap, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. 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. 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 . '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. On the Senate floor Tuesday, Paul asked: "Putting aside the constitutionality of gifting $40 billion to Ukraine, isnt there a more fiscally responsible way this could be done? (Ukrainian Presidential Press Office via AP). But lawmakers . To address humanitarian needs, the bill will include $900 million to bolster refugee assistance, including housing, trauma support, and English language instruction for Ukrainians fleeing the. It also authorizes $4 billion in Foreign Military Financing to provide support for Ukraine and other countries affected by the crisis. In the spring, the new Congress will consider aid in the context of the administration's proposed FY 2024 budget. Today, more than 90 percent of the most technologically advanced chips, which are critical for the U.S. military and the economy, are produced in Taiwan. Sen. Lindsey Graham blasts baby formula shortage on 'Jesse Watters Primetime.'. Military analysts believe the Western hardware has been essential in helping Ukrainian forces keep the Russians at bay. It is one of the largest federal investments in a single industry in decades and highlights deepening concern in Washington about Americas dependence on foreign chips. 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. The House passed a $39.8 billion bill on Tuesday night to support Ukraine in its fight against invading Russian forces. It was a very heartfelt and easy to understand message: Their people are dying; theyre running out of supplies and ammunition. American public is now starting to ask . Covering Phoenix, Mesa, Glendale, Scottsdale, Gilbert, the valley . 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. She told the legislators on Thursday that attorney John Thaler investigated money laundering and racketeering in Maricopa County and reviewed over 120,000 documents which include "fake notarizations, fake deeds of trust, fraudulent buyers and or sellers of the real property transactions, as well as other companies used in real estate transactions, such as real estate brokers, mortgage . A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other priorities as well. It neglects priorities at home (the border), allows Europe to freeload, short changes critical interests abroad and comes w/ no meaningful oversight, Hawley tweeted Monday. 2023 FOX News Network, LLC. This could include building company child care centers near construction sites or new plants, paying local child care providers to add capacity at an affordable cost or directly subsidizing workers care costs. The CHIPS Act Is About More Than Chips: Here's What's in It. George Soros HonFBA (born Gyrgy Schwartz, August 12, 1930) is a Hungarian-American businessman and philanthropist. Seventy-five years on, the Biden administration and Congress have now set aside a similarly staggering $113 billion in American taxpayer funds for Ukraine in a conflict that has no end in sight. (Podcast). That helped create a car shortage and raise the price of cars, stoking inflation. The House on Tuesday night voted 368-57 to pass nearly $40 billion in additional military, economic and humanitarian aid to Ukraine to fight against Russia's invasion. This involves delivering supplies from the U.S. military's own arsenal. The Commerce Department also said it would dole out funding over time as companies hit project milestones, and give preference to those that pledged to refrain from stock buybacks, which tend to enrich shareholders and corporate executives by increasing a companys share price. The bulk of the manufacturing money is likely to go to a few companies that produce the worlds most advanced semiconductors including Taiwan Semiconductor Manufacturing Company, Samsung Electronics, Micron Technology and, perhaps in the future, Intel to help them build U.S. facilities. 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. Ukraine and countries affected by the situation in Ukraine, including NATO Eastern flank countries and other partners in the region, to build and update their capabilities. The latest Arizona headlines, breaking news, in-depth investigations, politics, and local community stories that matter to you. A $40 billion Ukraine aid package passed the Senate on Tuesday with relative ease despite opposition from 11 Republicans. This material may not be published, broadcast, rewritten, or redistributed. 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 . Joe Biden is pictured on Monday in Kyiv alongside Ukrainian counterpart Zelensky. 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 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. The legislation has been approved overwhelmingly by the House and has strong bipartisan support in the Senate. He has a long history of demanding last-minute changes by holding up or threatening to delay bills on the brink of passage, including measures dealing with lynching, sanctioning Russia, preventing a federal shutdown, the defense budget, government surveillance and providing health care to the Sept. 11 attack first responders. "It's clear from the junior senator from Kentucky's remarks, he doesn't want to aid Ukraine," said Senate Majority Leader Chuck Schumer, Democrat of New York. "No matter how sympathetic the cause, my oath of office is to the national security of the United States of America," Paul 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 week before, House Speaker Nancy Pelosi, D-Calif., visited Ukraine accompanied by several of her Democratic colleagues. Forbes called him the "most generous giver" (in terms of . Powered and implemented by FactSet Digital Solutions. Senate Minority Leader Mitch McConnell, R-Ky., meets President Zelenskyy in Ukraine. 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. Get stock market quotes, personal finance advice, company news and more. WASHINGTON The Senate overwhelmingly approved on Thursday a $40 billion emergency military and humanitarian aid package for Ukraine, moving quickly and with little debate to deepen the. Stories from Ukraine Biden's approval rating has hit a new low The bill also includes a pay raise for American troops and civilian federal employees. But with Ukraine taking heavy military and civilian losses and no sense of when the fighting might end, Congress will ultimately face decisions about how much more aid to provide at a time of huge U.S. budget deficits and a risk of recession that could demand added spending at home. 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.". If Biden is serious about avoiding a debt ceiling disaster, he needs to act like it and put away the taxpayers checkbook. 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. Gleb Garanich/Reuters. The United States has rushed more than $3.5 billion worth of armaments to Ukraine since Russia invaded, including howitzers, anti-aircraft Stinger systems, anti-tank Javelin missiles, ammunition and recently disclosed Ghost drones. (1) Nothing in this section shall be interpreted to: (A) preclude an individual described in subsection (a) from applying for or receiving any immigration benefits to which such individual is otherwise eligible; or (B) entitle a person described in subsection (a) to lawful permanent resident status. competition for the money has been intense, Taiwan Semiconductor Manufacturing Company, Heres what the program aims to do and how it will work, power of the federal government to transform private industry, increase U.S. market share only to 14 percent, share a portion of any unanticipated profits, barred from making new, high-tech investments in China, to guarantee affordable, high-quality child care. Thats not isolationism. 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. Thats nationalism. Schumer and McConnell stood nearly side-by-side as they tried pushing the legislation forward. The aid package comes in at $6. If the defense of Ukraine is really in our national security interest, shouldnt their gift come from our military budget?". 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. Bidens fellow Democrats narrowly control Congress, but the bill will need Republican votes to get through the Senate. Bloomberg Daybreak Middle East. President Biden has three methods at his disposal to provide direct aid to Ukraine: The Presidential Drawdown Authority (PDA), the Ukraine Security Assistance Initiative (USAI), and Foreign Military Financing (FMF). 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. A Reuters/Ipsos poll conducted between February 6 and 13 found 58 percent of Americans approved of military support, compared to 73 percent in April 2022. The U.S. Senate passed a bill on Thursday that would provide some $40 billion in additional military, economic and humanitarian aid to Ukraine following Russia's invasion as the Biden . "We cannot save Ukraine by dooming the U.S. But the Biden administration has been hesitant to provide more firepower fearing Putin would see it as a sign of escalation. Congressional leaders struck a deal Monday to send $39.8 billion in military and humanitarian aid to Ukraine that could be taken up by the House as soon as Tuesday, Axios has learned. We could build a border wall twice over with this amount of money," Hawley continued, stating that the U.S. needs to be more focused on the threat that illegal immigration poses, rather than fueling billions into a war and adding to our national debt. Last May, Congress passed setting a $11billon limit on equipment for Biden to use through the PDA. This material may not be published, broadcast, rewritten, or redistributed. There has been a push from both Republicans and Democrats to provide F-16s. And Intel, a U.S. technology giant that is investing heavily to try to capture a technological edge, has broken ground on a megasite in Ohio. That would deny Mr. Biden the chance past presidents have had to make an appointment to the post, they said. For perspective, that would total $6 billion more than the U.S. spent on military and economic aid around the world in 2019, according to the nonpartisan Congressional Research Service. 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. 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 . While some critics have questioned the wisdom of giving grants to a profitable industry, semiconductor executives argue that they have little incentive to invest in the United States, given the higher costs of workers and running a factory. 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. Please. Appropriators set aside $45 billion in aid for Ukraine and NATO allies amid Russia's ongoing invasion, which is $7 billion more than what the Biden administration had requested. 'The Americans are setting the pace in supporting Ukraine,'Christoph Trebesch, the head of the Ukraine Support Tracker team at the Kiel Institute said. Companies can also apply for a tax credit reimbursing them for 25 percent of project construction. Pictures were posted to Facebook on May 14, 2022, by Andrij Sybiha, a member of President Zelenskyys administration. And a Car. Powered and implemented by FactSet Digital Solutions. 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. Senate Minority Leader Mitch McConnell, R-Ky., traveled to Ukraine over the weekend and met with President Volodmyr Zelenskyy. 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. 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.. My guess is they choose to borrow the $ bc Americans might just decide they need the$500 more to pay for gas., Spending $40 billion on Ukraine aid more than three times what all of Europe has spent combined is not in Americas interests. 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Legal Statement. 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 US spends more on our military than the next 8 countries combined. ', HOW AMERICANS ARE BEGINNING TO QUESTION THE AID BEING SENT TO UKRAINE - AND HOW SUPPORT FOR CONTINUED FUNDS IS DWINDLING, Biden announced $500 million more in assistance during his secret trip to Kyiv on Monday, and has shown no signs of stopping the money flowing until Ukraine achieves. 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. THE $46 BILLION IN AID ON DRONES, TANKS AND MILITARY HARDWARE. 'Giving $113 billion in aid to Ukraine without meaningful oversight is a recipe for fiscal disaster,' Taxpayers Protection Alliance David Williams also told DailyMail.com. Russia-Ukraine Conflict House passes $40 billion Ukraine package to provide military, humanitarian aid The House voted a day after President Joe Biden called on Congress to "immediately". And $126.3 million would help to prepare for and respond to potential nuclear and radiological incidents in Ukraine, notable given the frequent saber rattling from Russian President Vladimir Putin over his countrys nuclear stocks. We are no longer accepting comments on this article. Hawley also remarked to Fox News Digital that there are "no meaningful restraints or oversight" on the bill, which could cause many issues, he explained. "My biggest concern is that I don't think this represents a nationalist foreign policy. 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. 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 Its about prioritizing American security and American interests.. They need our help quickly. With the Senate poised to debate and vote on the package of military and economic aid, Paul denied leaders the unanimous agreement they needed to proceed. 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. Paul, who unsuccessfully sought his party's 2016 presidential nomination, argued that the added spending was more than the U.S. spends on many domestic programs, was comparable to Russia's entire defense budget and would deepen federal deficits and worsen inflation. "They're only asking for the resources they need to defend themselves against this deranged invasion," McConnell said of the Ukrainians. Why? All rights reserved. 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. That has prompted concerns about the supplys vulnerability, given Chinas aggression toward Taiwan and the potential for a military invasion of the island. The bipartisan backing for Ukraine has been partly driven by accounts of Russian atrocities against Ukrainian civilians that have been impossible to ignore. This includes the $6 billion in direct security. There will be significant Republican support, he said. This would also be the fourth package for Ukraine, with a $13.6 billion tranche given in March, a $40 billion package passed in May and another $12.3 billion attached to a continuing resolution . I think $40 billion would be about three times as much as Europe has contributed combined, all of the European states, for a war that's happening on their continent," the senator stated, saying he's worried it will continue allowing Europe to "freeload.". Some will go to makers of older chips that are still essential for cars, appliances and weapons, as well as suppliers of raw materials for the industry and companies that package the chips into their final products. Despite support from Democratic and GOP leadership, 11 Republicans broke from their party and "To do that, we've got to get in the right posture in the Indo-Pacific, which we're not currently. 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. . President Biden today announced an additional $800 million in security assistance to Ukraine, bringing the total U.S. security assistance committed to Ukraine to $1 billion in just the . On January 31, results of a PEW Research poll showed the share of Americans saying the U.S. was giving to much support to Ukraine had grown to 26 percent from 7 percent in March 2022. In addition, it would put the United States at above $50 billion in total aid to Ukraine far exceeding the amount provided for by European countries, which Hawley and other Republican senators argue is disadvantageous to the international standing of the country. Updated on: May 13, 2022 / 9:11 AM Posted May 10, 2022 at 5:30pm. The stakes are high for the Biden administration to prove this foray into industrial policy can work. "Aid for Ukraine. Farm Heroes Saga, the #4 Game on iTunes. '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. Quotes displayed in real-time or delayed by at least 15 minutes. Get browser notifications for breaking news, live events, and exclusive reporting. The comments below have not been moderated. ", MCCONNELL MAKES SURPRISE TRIP TO MEET ZELENSKYY IN UKRAINE, Senate Minority Leader Mitch McConnell, R-Ky., meets President Zelenskyy in Ukraine. Democrats keen on Ukraine aid, but refuse to help struggling Americans, Biden vows to ban assault weapons 'come hell or high water', Biden slammed for laughing while discussing mom who lost two children to fentanyl: 'Shameful', Lori Lightfoot's critics sound off on Chicago mayor losing re-election: 'Crime doesnt pay', President Biden, first lady's restaurant order sparks strong reactions. 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. All Democrats and most Republicans backed it, though every "no" vote came from the GOP. The Wednesday afternoon collapse of an open-pit coal mine in northern China has resulted in the deaths of six people as of Friday, according to state media. Republican Senator Rob Portman, a member of the Senate Foreign Relations Committee and leader of the Senate Ukraine caucus, said he expected enough Republican backing for the bill to get it through the Senate. "The plan was substantial in size, because the need is substantial: We must stand by Ukraine as it defends itself from Russian aggression," Biden said after the bill passed the House. 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. The Senate overwhelmingly voted to move toward passage of $40 billion in aid to Ukraine, underscoring the broad Republican and Democratic support for the country as it defends itself against Russias invasion. Heres a look at the CHIPS and Science Act, what it aims to do and how it will work. A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other . Can work easy to understand message: Their people are dying ; theyre running out of supplies and.. $ 4 billion in Foreign military Financing to provide F-16s package passed the Senate are no accepting. Limit on equipment for Biden to use through the PDA that matter to you broadcast, rewritten, redistributed. And Democrats to provide support for Ukraine has been approved overwhelmingly by the crisis in-depth investigations politics... Sybiha, a member of President Zelenskyys administration and the potential for tax. 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