After months of delay, the US Congress approves a historic package of foreign aid for Ukraine
The US Congress adopts a historic aid package that gives Ukraine billions of dollars.
A foreign aid package easily passed the US Congress late on Tuesday, following months of delay. This opened the door for billions of dollars in new cash for Ukraine amid Russia’s invading advances and Kyiv’s military shortfalls.
The House of Representatives passed four bills that would have provided $95 billion in aid to Taiwan, Israel, Ukraine, and US allies in the Indo-Pacific region. The Senate approved these bills.
President Joe Biden is expected to sign the deal into law on Wednesday, according to reports.
With an additional $26 billion designated for Israel and humanitarian aid for war areas worldwide, the majority of the aid—$61 billion—is designated for Ukraine.
$8.12 billion is earmarked specifically to oppose communist China in the Indo-Pacific area.
Volodymyr Zelenskiy, the president of Ukraine, thanked American lawmakers and emphasized the importance of the assistance for Ukraine’s security.
In an effort to strengthen Ukraine’s defensive capabilities, the aid package contains a variety of military supplies, including anti-tank weaponry, vehicles, and air defense ammunition.
The aid package’s bipartisan support demonstrates America’s resolve to stand by its allies when they are attacked.
The legislation was praised by Senate Majority Leader Chuck Schumer as being essential to preserving American democracy and security.
Nevertheless, passing the aid was delayed due to resistance from several Republicans, particularly those who supported former President Donald Trump.
Although he bemoaned the delay, Senate Republican Leader Mitch McConnell voiced hope that the United States was eschewing isolationist practices.
A chunk of the aid package, which may be the last to be approved for Ukraine until after the elections in November, comes in the form of a debt that the president may forgive beginning in 2026. Other elements are for economic help.
The package supports Israel and resolves issues in the Indo-Pacific region in addition to helping Ukraine.
The passing of the Act is anticipated to increase the backlog of orders held by US defense companies, including as Northrop Grumman, Lockheed Martin, General Dynamics, and RTX Corp.
Humanitarian aid is intended to help combat zones like Gaza, which has recently seen destruction, even though the main goal of the aid is military support.
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