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. WATCH: The US Senate voted on Monday to advance the $40 billion Ukraine aid bill. 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. Another $6.98 billion will go toward U.S. European Command mission and intelligence support, pay, equipment and related activities. Still, there is skepticism about how much the program can do. Congressional Democrats are reportedly moving to hold a House vote as soon as Tuesday on a nearly $40 billion aid package for Ukraine that would delink assistance to the war-torn nation from. The US spends more on our military than the next 8 countries combined. Last May, Congress passed setting a $11billon limit on equipment for Biden to use through the PDA. The House passed a nearly $40 billion military and humanitarian aid package for Ukraine late Tuesday. It must help Ukraine win, not just fight to a draw. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. (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. Market data provided by Factset. "The Democrats are sending another $40 billion to Ukraine, yet America's parents are struggling to even feed their children," Trump said in a statement released by . $46.6 billion is in military assistance such as tanks, missiles and drones. Bloomberg Daybreak Middle East. Kentucky Republican Sen. Rand Paul defied leaders of both parties Thursday and delayed until next week Senate approval of an additional $40 billion to help Ukraine and its allies withstand Russia's three-month old invasion. But Americans are starting to wonder where the money goes, how it is being spent, and if it the cost of the aid is worth it. ), who earlier this month called for the U.S. to prioritize sending arms to defend itself against China over helping Ukraine beat back Russia. Kelly Laco is a politics editor for Fox News Digital. The big picture: The vote passed 368-57, hours after congressional leaders struck a deal on the aid which Axios' Alayna Treene notes is billions more than the $33 billion the White House initially requested. 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. WASHINGTON, May 10 (Reuters) - The U.S. House of Representatives approved more than $40 billion more aid for Ukraine on Tuesday, as Congress races to keep military aid flowing and boost the. May 19, 2022 01:34 PM T he Senate on Thursday passed legislation aimed at providing $39.8 billion in additional military and humanitarian aid for Ukraine, just ahead of the deadline in which. Micron, which makes advanced memory chips, has announced big expansion plans in New York. 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 . . 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. Mutual Fund and ETF data provided by Refinitiv Lipper. Coronavirus. A confirmation vote from the full Senate will come later this week. Heres a look at the CHIPS and Science Act, what it aims to do and how it will work. 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. 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. Paul, a libertarian who often opposes U.S. intervention abroad, said he wanted language inserted into the bill, without a vote, that would have an inspector general scrutinize the new spending. But they have also promised 'robust' oversight to protect American taxpayers while making sure weapons make an impact on the battlefield. Gleb Garanich/Reuters. A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other . 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 . Final passage of military, food aid bill expected this week, Kentucky Senator Paul delayed passage, demanded changes. 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 . The bill, which includes military, economic and humanitarian assistance to. Hawley also told Fox News Digital that he is concerned that the package distracts from "more pressing" priorities abroad and at home, including the threat from China. Covering Phoenix, Mesa, Glendale, Scottsdale, Gilbert, the valley . 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. Published November 18, 2022. Most young women are not. One 2020 study, for example, found that a $50 billion investment in the industry would increase U.S. market share only to 14 percent. "No matter how sympathetic the cause, my oath of office is to the national security of the United States of America," Paul said. 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. Stories from Ukraine Biden's approval rating has hit a new low The legislation has been approved overwhelmingly by the House and has strong bipartisan support in the Senate. $13.6 billion for aid to Ukraine . It's a matter of not putting America's national security interests first and not having any clear plan," Hawley told Fox News Digital. But analysts said it remained to be seen how difficult it would be to enforce these provisions. Gina Raimondo, the secretary of commerce, describes the program as foremost a national security initiative. The House of Representatives passed a new $40 billion aid package for Ukraine on Tuesday as it continues to battle a Russian invasion and all votes against the measure came from Republicans.. 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. Quotes displayed in real-time or delayed by at least 15 minutes. Legal Statement. 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. Bryant Harris. But chip makers have already announced billions of dollars in plans for new investments around the United States. Last week, 57 Republicans voted against the Ukraine assistance bill in the House. In Payments, Like Geopolitics, India Seeks a Third Way, Subaru, Nintendo Step Up for LGBTQ Workers in Conservative Japan, Visitors Flock to Macau Again, But Its Gambling Dependence Draws Beijings Ire, Gina Raimondo Becomes China Player in a Job Where Her Predecessor Used to Nap, UK Mothers Say It No Longer Makes Financial Sense to Work, Starbucks Illegally Fired 6 New York Union Activists, Judge Rules, Australia Prepares for a Power Grid Without Spinning Turbines, Vietnams VinFast Delivers First EVsto US Customers, Another Blow to City Centers: Retail Stores Move Outward, New York City Isnt Waiting for the White House to Enforce Fair Housing, Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm, Celsius Examiner Report Mentions FTX More Than 150 Times. Companies can also apply for a tax credit reimbursing them for 25 percent of project construction. "All he will accomplish with his actions here today is to delay that aid, not to stop it.". The Biden administration unveiled rules Tuesday for its Chips for America program to build up semiconductor research and manufacturing in the United States, beginning a new rush toward federal funding in the sector. 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? / CBS/AP. ', Ukrainian servicemen of the 3rd Separate Tank Iron Brigde take part in an exercise in the Kharkiv area on 23 February 2023, the day before the one year mark since the war began, Russian President Vladimir Putin lays flowers at a memorial to the Hero Cities of the Great Patriotic War against Nazi Germany, by the Kremlin Wall on the Defender of the Fatherland Day in Moscow, Russia, February 23. Biden utilized the authority to send $9.2 billion - or roughly 84 percent - worth of supplies from the U.S. stockpiles. Its about prioritizing American security and American interests.. Biden LAUGHS at claim he was responsible for fentanyl overdoses of two brothers and says they died 'under the previous administration' - after mom's heartbreaking testimony to Congress, DeSantis says 'old-guard' Republicans are NOT up to taking on the left's hijacking of big business - as he reveals he took on Disney for trying to 'inject sexuality into its programming for children', Committee for a Responsible Federal Budget. U.S. Sen. Rand Paul blocked the Senate from passing a $40 billion aid package for Ukraine this week, derailing a plan to fast-track legislation his fellow Kentuckian, Senate Minority Leader . And, you know, that is also a national security concern, given what we're seeing coming across the border in terms of crime and drugs. ', 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. Anyone can read what you share. 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. Chips for America will provide $11 billion for research into new chip technologies. Sen. Josh Hawley (R-MO) speaks during a Senate Judiciary Committee business meeting to vote on Supreme Court nominee Judge Ketanji Brown Jackson on Capitol Hill, April 4, 2022 in Washington, DC. And a Car. 109 Bradley infantry fighting vehicles,75,000 sets of body armor and helmets, 38 High Mobility Artillery Rocket systems, and4,000 Zuni aircraft rockets have also been sent over. The CHIPS Act Is About More Than Chips: Here's What's in It. The US Senate passed a bill on Thursday providing $40 billion in military aid and economic support to Ukraine, sending it to President Joe Biden's desk after the House approved the package last week. MORE: Top House Republicans support more aid for Ukraine but want 'accountability' 'America cant afford to keep on writing checks. 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. That helped create a car shortage and raise the price of cars, stoking inflation. Get the latest updates from the 2024 campaign trail, exclusive interviews and more Fox News politics content. But the final, 4,155-page package ultimately covered the supplemental aid for Ukraine in addition to the 12 annual spending bills for every federal agency. Despite support from Democratic and GOP leadership, 11 Republicans broke from their party and 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. Ms. Raimondo has said the vision is to restore the United States to a position of leadership in semiconductor technology, to the point where every major global chip company wants to have both research and manufacturing facilities in the United States. 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. Joe Biden had asked Congress to approve an additional $33bn in aid for Ukraine. 'When will politicians and bureaucrats learn that you just cant hand out money and expect it to go the right people and places? This is part of the Biden administrations worker-centered approach to economic policy, which seeks to use the might of the federal government to benefit workers. Delta agrees 34% pay rise for pilots - worth up to $90k - with other major airlines set to follow suit, Parole is DENIED for Robert F. Kennedy's assassin Sirhan Sirhan, 78, as prisoner still won't reveal reason for the 1968 murder of the senator and then-presidential candidate, Plastic surgeon reveals the one exercise that makes you AGE FASTER - saying he tells his patients to stop the popular workout if they want to avoid a 'gaunt, old face', 'He played Muhammad Ali, I played Pookie! Critics have argued that the federal government may not be the best judge of winners and losers. Speed it up, Democratic Senator Dick Durbin said after Markarova spoke. 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). The measure includes $6 billion for Ukraine for intelligence, equipment and training for its forces, plus $4 billion in financing to help Kyiv and NATO allies build up their militaries. "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.". And House Minority Leader Kevin McCarthy (R-Calif.), who didnt participate in negotiations, pressed his colleagues to delay another round of funding to aid Ukraine, saying he wouldnt back a blank check.. Most young men are single. Moscow has little to show for it beyond a strip of territory in the south and marginal gains in the east. GOP investigators have said they will keep an eye on where the money is going, while a faction of the party has called for aid to be drastically reduced. It didn't take lawmakers long to add $3.4 billion to his requests for both military and humanitarian programs. Comer and his Republican colleagues highlighted how pandemic programs - which were approved quickly - later fell victims to fraud and abuse. Given the huge cost of building highly advanced semiconductor facilities, the funding could go fast, and competition for the money has been intense. The House passed the Ukraine spending bill by 368 to 57, with only Republicans voting against it. "I'm concerned that it shortchanges priorities here at home. Tuesday morning on The Tennessee Star Report, host Leahy welcomed U.S. 'The Europeans' hesitancy in the first year of the war is a remarkable phenomenon, especially since financial resources can be quickly mobilized,' he added. 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. "My biggest concern is that I don't think this represents a nationalist foreign policy. EXCLUSIVE: Sen. Josh Hawley, R-Mo., is warning that a measure by Congress to give Ukraine $40 billion additional funding in its war against Russia is evidence of the Biden administration's "misplaced priorities" and will be detrimental to the security of the U.S. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. The administration does not plan to fund entire projects: Biden administration officials say they plan to offer grants of between 5 to 15 percent of a companys capital expenditures for a project, with funding not expected to exceed 35 percent of the cost. The Naftogaz of Ukraine national joint stock company expects UAH 40 billion losses in 2022. The House passed a nearly $40 billion package for Ukraine late Tuesday, sending the bill to the Senate as lawmakers heed President Joe Biden's warning that U.S. cash to help the allied country . When pressed about continued aid on Thursday, White House press secretary Karine Jean-Pierre said Biden is 'going to focus on what the American people want to focus on.'. Republicans want separate COVID-19 legislation to be a battleground for an election-season fight over immigration that divides Democrats. Tennessee's two GOP senators were two of the 11 senators who voted May 16 against expediting a floor vote on President Joseph R. Biden Jr.'s $40 billion aid package to Ukraine, H.R. Pauls initial hold on the bill was blasted bytop Ukrainian officials, Majority Leader Chuck Schumer (D-NY) and Minority Leader Mitch McConnell (R-Ky.). Bidens fellow Democrats narrowly control Congress, but the bill will need Republican votes to get through the Senate. 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. What they're saying: Congress passing this bill sent a "clear bipartisan message" that the country is united and standing in support of Ukraine, President Joe Biden said in a statement. RT @ImMeme0: Just 4 days ago U.S. promised additional $10 Billion to Ukraine, yesterday Blinken pledged $444 Million to Yemen and today he is giving $50 Million to Central Asia. The bill, approved in a 368-57 vote, provides myriad support to. The same day, the U.S. House of Representatives approved more than $40 billion in military and humanitarian aid for Ukraine. "I would say that we agree oversight is critical," Psaki replied. Mondays 81-11 procedural vote sets up Senate passage of the legislation as soon as Wednesday if all lawmakers consent to waive rules on debate. A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other priorities as well. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Powered and implemented by FactSet Digital Solutions. The extra funding comes after the administration pressed lawmakers to pass more supplemental funding for Kyiv in the omnibus, specifically finding crossroads with House Republicans who have voiced support for the extra dollars and Senate Minority LeaderMitch McConnell (R-Ky.), who has continuously championed assistance to Ukraine. . 7691, known as the Additional Ukraine Supplemental Appropriations Act of 2022after both Majority Leader Charles E. Schumer (D-NY) and Minority Leader A. Mitchell "Mitch" McConnell (R-KY) rejected Sen . The measure now goes to President Biden, who is expected to sign the bill. Paul was likely to lose that vote and rejected the offer. According to Ms. Raimondo, the goal is to build at least two U.S. manufacturing clusters to produce the most advanced types of logic chips, as well as facilities for other kinds of chips, and complex supply networks to support them. 2023 NYP Holdings, Inc. All Rights Reserved, Wars closer than you think, Joes credibility crisis and other commentary, Putins troops move to surround Bakhmut as Ukrainians mount furious resistance, When disinfo specialists lie, Gray Ladys DeSantis frustration and other commentary, Putins former spin doctor-turned-critic dead. 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. And Zelensky wants more, including fighter jets. There is also money to support refugee programs for the vast number of Ukrainians who have been forced to flee their homes. 2023 FOX News Network, LLC. But the Biden administration has been hesitant to provide more firepower fearing Putin would see it as a sign of escalation. A confirmation vote from the full Senate will come later this week. 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