Congress seeks to spend $500 million of taxpayers’ money on Ukraine

Congress seeks to spend 0 million of taxpayers’ money on Ukraine

RT

Democrats to fast-track bill giving Kiev more military aid and sanctioning Russia in case of “significant escalation”

The US House of Representatives is rushing a bill that would impose a series of sanctions on Russia and give Ukraine $500 million in military aid, skipping the committee mark-up process entirely, The Intercept reported on Tuesday, citing sources in Congress.

Speaker Nancy Pelosi (D-California) reportedly told members on a caucus call that she wants the Defending Ukraine Sovereignty Act of 2022 up for a floor vote as soon as next week. The bill was introduced in the House Foreign Affairs Committee last week by its chair Gregory Meeks (D-New York) and co-sponsored by 13 other Democrats.

Meeks is currently en route to Ukraine with 11 other members of Congress, only three of them Republicans. His bill doesn’t have any GOP co-sponsors just yet. It is the House version of the bill introduced by Senate Foreign Relations Committee chair Bob Menendez (D-New Jersey), which was endorsed by 41 Democratic senators as well as the White House.

The Meeks bill would more than double the amount of military aid to Kiev, from $248 million sent under the Foreign Military Financing (FMF) program in 2020 to $500 million. Only Israel and Egypt currently get more – $3.3 billion and $1.3 billion, respectively.

Under the Democrats’ proposal, if President Joe Biden declares that Russia has engaged in “significant escalation in hostilities” to disrupt Ukrainian sovereignty, the White House would be able to issue sanctions against President Vladimir Putin personally, Russian financial institutions, anyone tied to the Nord Stream 2 gas pipeline, and even Americans wanting to trade in Russian government bonds.

More

Leave a Reply

Your email address will not be published. Required fields are marked *

Congress seeks to spend $500 million of taxpayers’ money on Ukraine

 

Log In

Or with username:

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.