Explainer-What's at stake in the US Congress' debate over Ukraine aid?

Canada News News

Explainer-What's at stake in the US Congress' debate over Ukraine aid?
Canada Latest News,Canada Headlines
  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

By Patricia Zengerle WASHINGTON (Reuters) - Congress included no new money for Ukraine in the stopgap U.S. spending bill it passed on Saturday to keep ...

SaltWire's Atlantic regional weather forecast for October 3, 2023 | SaltWireWASHINGTON - Congress included no new money for Ukraine in the stopgap U.S. spending bill it passed on Saturday to keep the federal government open, highlighting the increasing reluctance of some Republicans to provide funds for Kyiv.Congress has approved $113 billion in military, economic and humanitarian assistance for Ukraine since Russia invaded in February 2022, according to the Congressional Research Service.

A relatively small but vocal group of Republicans has criticized Ukraine assistance from the start, accusing the government in Kyiv of failing to sufficiently fight corruption, which Ukrainian and U.S. officials deny. They also argue that as the United States faces steep budget deficits, the federal government should be spending money at home or to boost its ability to compete with China.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SaltWire Network /  🏆 45. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden tries to reassure allies of continued U.S. support for Ukraine after Congress drops aid requestBiden tries to reassure allies of continued U.S. support for Ukraine after Congress drops aid requestU.S. President Joe Biden convened a call Tuesday with U.S. allies and partners to coordinate future support for Ukraine after Congress passed -- and he signed -- legislation that kept the U.S. government funded but dropped his request for billions of dollars to help Ukraine in its fight against Russia.
Read more »

Congress stopgap funding bill leaves out additional aid for UkraineCongress stopgap funding bill leaves out additional aid for UkraineOn Saturday evening, Congress approved a short-term stopgap bill that effectively averted a government shutdown, but did so at the expense of additional funding for Ukraine. Yahoo Finance's senior columnist Rick Newman argues that the 5% of the defense budget spent by the U.S. for aid to Ukraine, holds greater benefits for the U.S. in terms of geopolitical relations compared to foregoing it. Newman explains why the aid for Ukraine should be considered 'money well spent' and explores the potential consequences if the funding were to be completely discontinued. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Read more »

Ukraine Recap: EU ‘Deeply Regrets’ Congress Decision on FundingUkraine Recap: EU ‘Deeply Regrets’ Congress Decision on FundingThe European Union regrets “deeply and thoroughly” that the US Congress passed a spending bill without additional funding for Ukraine but is certain that the decision will be reconsidered, according to the bloc’s foreign-policy chief.
Read more »

Explainer-What's at stake in the civil fraud case against Trump?Explainer-What's at stake in the civil fraud case against Trump?By Jack Queen (Reuters) - Donald Trump and his family business are set to face trial in New York on Monday to determine how much they owe in penalties ...
Read more »

Explainer-What's at stake in the civil fraud case against Trump?Explainer-What's at stake in the civil fraud case against Trump?By Jack Queen (Reuters) - Donald Trump and his family business are set to face trial in New York on Monday to determine how much they owe in penalties ...
Read more »

Explainer-What charges does Sam Bankman-Fried face over FTX's collapse?Explainer-What charges does Sam Bankman-Fried face over FTX's collapse?Sam Bankman-Fried is set to go on trial on Tuesday on fraud and conspiracy charges related to the collapse of FTX, the now-bankrupt cryptocurrency exchange he founded and led. Prosecutors say Bankman-Fried embezzled customer money to plug losses at Alameda Research, a crypto hedge fund he owned, as well as to make investments, buy real estate in the Bahamas, and donate to U.S. political campaigns - sometimes through 'straw' donors used to mask the true source of the funds. He faces one count of wire fraud, two counts of conspiracy to commit fraud, and one count of money laundering conspiracy over the alleged theft of customer funds.
Read more »



Render Time: 2025-04-21 21:30:21