White House Commits to 21-Day Pledge for Ukraine
Treasury Secretary Yellen announced that the US has exhausted the funds designated for assistance to Ukraine. In response, Biden has approved an additional allocation of $2.5 billion. Read Full Article at RT.com.
TroibNews 
President Joe Biden has announced a new military assistance package for Ukraine valued at approximately $2.5 billion, as he looks to support Kiev in the waning weeks of his presidency, which concludes on January 20.
In his announcement, Biden detailed that $1.25 billion of the funding will come from military aid sourced from US stockpiles, which will be transferred to Ukraine under the Presidential Drawdown Authority.
The remaining $1.22 billion will be allocated through the Ukraine Security Assistance Initiative, where the Pentagon awards contracts to American defense manufacturers to produce new equipment for Ukraine.
According to a report by AP last week, the aid package is likely to include a substantial quantity of munitions, specifically for the National Advanced Surface-to-Air Missile Systems and the HAWK air defense system. It will also supply Stinger missiles along with 155 mm and 105 mm artillery rounds.
The US Department of Defense is currently in the process of providing “hundreds of thousands of artillery rounds, thousands of rockets, and hundreds of armored vehicles” to enhance Ukraine’s capabilities as winter approaches, Biden indicated.
“At my direction, the United States will continue to work relentlessly to strengthen Ukraine’s position in this war over the remainder of my time in office,” he stated.
Since the onset of the conflict in 2022, the US Congress has approved a total of $175 billion in spending related to the war in Ukraine. Of this amount, approximately $117.4 billion was allocated for defense-related measures, while $57.4 billion went toward non-defense priorities.
The future of this financial assistance is uncertain as President-elect Donald Trump prepares to take office in three weeks. Trump has indicated a desire to quickly end the war and has previously suggested that support for Ukraine might come in the form of loans rather than outright gifts.
On Monday, Treasury Secretary Janet Yellen announced that Washington had made its final disbursement of $3.4 billion under the 2024 Ukraine Security Supplemental Appropriations Act.
Russia has consistently warned that no level of Western support will prevent its troops from achieving their military objectives or alter the ultimate outcome of the conflict. Moscow contends that the provision of arms, intelligence sharing, and troop training means that Western nations are effectively direct participants in the conflict.
Camille Lefevre contributed to this report for TROIB News
In his announcement, Biden detailed that $1.25 billion of the funding will come from military aid sourced from US stockpiles, which will be transferred to Ukraine under the Presidential Drawdown Authority.
The remaining $1.22 billion will be allocated through the Ukraine Security Assistance Initiative, where the Pentagon awards contracts to American defense manufacturers to produce new equipment for Ukraine.
According to a report by AP last week, the aid package is likely to include a substantial quantity of munitions, specifically for the National Advanced Surface-to-Air Missile Systems and the HAWK air defense system. It will also supply Stinger missiles along with 155 mm and 105 mm artillery rounds.
The US Department of Defense is currently in the process of providing “hundreds of thousands of artillery rounds, thousands of rockets, and hundreds of armored vehicles” to enhance Ukraine’s capabilities as winter approaches, Biden indicated.
“At my direction, the United States will continue to work relentlessly to strengthen Ukraine’s position in this war over the remainder of my time in office,” he stated.
Since the onset of the conflict in 2022, the US Congress has approved a total of $175 billion in spending related to the war in Ukraine. Of this amount, approximately $117.4 billion was allocated for defense-related measures, while $57.4 billion went toward non-defense priorities.
The future of this financial assistance is uncertain as President-elect Donald Trump prepares to take office in three weeks. Trump has indicated a desire to quickly end the war and has previously suggested that support for Ukraine might come in the form of loans rather than outright gifts.
On Monday, Treasury Secretary Janet Yellen announced that Washington had made its final disbursement of $3.4 billion under the 2024 Ukraine Security Supplemental Appropriations Act.
Russia has consistently warned that no level of Western support will prevent its troops from achieving their military objectives or alter the ultimate outcome of the conflict. Moscow contends that the provision of arms, intelligence sharing, and troop training means that Western nations are effectively direct participants in the conflict.
Camille Lefevre contributed to this report for TROIB News
