Biden Requests Additional $24bn for Kiev, Reports Politico
The Biden administration is seeking an extra $24 billion in assistance for Ukraine, according to a report by Politico. Read Full Article at RT.com.
This funding proposal includes $16 billion to replenish US military stocks that have been diminished due to arms deliveries to Kiev, along with $8 billion intended to compensate US arms manufacturers for contracts supporting the Ukrainian military. The news outlet characterized Biden’s proposal as a “long shot.”
According to PMG sources on Capitol Hill, the request is based on a document prepared by the White House Office of Management and Budget, which was sent to lawmakers the previous day.
The Biden administration had previously committed to expending all funds already approved for Ukraine before his term ends on January 20. Just last week, Biden also forgave roughly $4.7 billion in loans extended to Kiev, which were part of a funding package approved by Congress in April. This package included $9.4 billion designated as a “loan” to satisfy lawmakers who were hesitant about ongoing financial support for the conflict in Ukraine.
President-elect Donald Trump, during his campaign, asserted that he could resolve the Ukraine conflict within 24 hours if re-elected. Some of his supporters have accused the “lame duck” Biden of attempting to bind the next administration to a prolonged conflict with Russia.
Republican Senator Mike Lee expressed disapproval of the new funding request from the White House, particularly following Biden's recent decision regarding the loan. “Congress must not give him a free gift to further sabotage President Trump’s peace negotiations on the way out the door. Any Biden funding demands should be DOA,” he stated on X.
Elon Musk, a prominent supporter of Trump who will spearhead initiatives to reduce government spending in the upcoming administration, termed the request “not ok,” asserting that the funds would contribute to “funding the forever war” if Congress approves the expenditure.
Olivia Brown contributed to this report for TROIB News