US President Joe Biden wants another $33 billion to help Ukraine battle Russian invasion
2 years, 7 months ago

US President Joe Biden wants another $33 billion to help Ukraine battle Russian invasion

India TV News  

Highlights Joe Biden to Congress for an additional $33 bn to help Ukraine battle Russian invasion The proposal would more than double the initial $13.6 billion package of defense Biden also asked Congress for new powers to seize and repurpose assets of Russian oligarchs US President Joe Biden will ask Congress for an additional $33 billion to help Ukraine fend off the Russian invasion, two administration officials said Thursday, a big boost in US efforts to bolster Kyiv in an intensifying war that's showing no signs of ending anytime soon. Biden's latest proposal — which the officials said was expected to last for five months — has more than $20 billion in military assistance for Ukraine and for bolstering defenses in nearby countries. Biden will also ask Congress to allow the federal government use the proceeds from selling the seized assets of sanctioned Russian oligarchs to help the people of Ukraine. Biden last week warned that $6.5 billion earmarked for security assistance for Ukraine could soon be “exhausted” and that Congress would need to approve supplemental funding.

History of this topic

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