THE HILL 1625 K STREET, NW SUITE 900 WASHINGTON DC 20006 | 202-628-8500 TEL | 202-628-8503 FAX. THE $46 BILLION IN AID ON DRONES, TANKS AND MILITARY HARDWARE. Pauls initial hold on the bill was blasted bytop Ukrainian officials, Majority Leader Chuck Schumer (D-NY) and Minority Leader Mitch McConnell (R-Ky.). It's a matter of not putting America's national security interests first and not having any clear plan," Hawley told Fox News Digital. (Ukrainian Presidential Press Office via AP). He was joined by John Barrasso of Wyoming, Susan Collins of Maine and John Cornyn of Texas. This material may not be published, broadcast, rewritten, or redistributed. Senate Minority Leader Mitch McConnell, R-Ky., traveled to Ukraine over the weekend and met with President Volodmyr Zelenskyy. "All he will accomplish with his actions here today is to delay that aid, not to stop it.". The resources that I requested willallow us tosend even more weaponsand ammunition to Ukraine,replenish our own stockpile, and support U.S. troops stationed on NATO territory.. The stakes are high for the Biden administration to prove this foray into industrial policy can work. Market data provided by Factset. Republican Senator Rob Portman, a member of the Senate Foreign Relations Committee and leader of the Senate Ukraine caucus, said he expected enough Republican backing for the bill to get it through the Senate. That would send it to President Joe Biden for his signature if no changes are made. 2 Samsung is growing in Texas. The Senate overwhelmingly voted to move toward passage of $40 billion in aid to Ukraine, underscoring the broad Republican and Democratic support for the country as it defends itself against Russias invasion. The bill includes $19.7 billion for the Defense Department, more than $3 billion above the level asked for by the Biden administration. Mutual Fund and ETF data provided by Refinitiv Lipper. The House voted 368-57 on Tuesday to approve the measure. 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 . Theseweapons and equipmentwillgodirectly to the front lines of freedom in Ukraine, and reiterateour strong support for the brave people of Ukraine as they defend their country against Russias ongoing aggression, the president said. The package includes $6 billion for security assistance, including training, equipment, weapons and support; $8.7 billion to replenish stocks of U.S. equipment sent to Ukraine, and $3.9 billion for European Command operations. Forbes called him the "most generous giver" (in terms of . "I would say that we agree oversight is critical," Psaki replied. This could include building company child care centers near construction sites or new plants, paying local child care providers to add capacity at an affordable cost or directly subsidizing workers care costs. The comments below have not been moderated. Final passage is not in doubt. Some Republicans opposed the bill, criticizing Democrats for moving too quickly to send too many U.S. taxpayer dollars abroad. As of March 2021, he had a net worth of US$8.6 billion, having donated more than $32 billion to the Open Society Foundations, of which $15 billion has already been distributed, representing 64% of his original fortune. And a Car. Thats not isolationism. WASHINGTON (AP) The House emphatically approved a fresh $40 billion Ukraine aid package Tuesday as lawmakers beefed up President Joe Biden's initial request, signaling a magnified, bipartisan commitment to thwart Russian President Vladimir Putin's bloody three-month-old invasion. (Podcast). Published November 18, 2022. WASHINGTON The Senate overwhelmingly approved on Thursday a $40 billion emergency military and humanitarian aid package for Ukraine, moving quickly and with little debate to deepen the. The bulk of the manufacturing money is likely to go to a few companies that produce the worlds most advanced semiconductors including Taiwan Semiconductor Manufacturing Company, Samsung Electronics, Micron Technology and, perhaps in the future, Intel to help them build U.S. facilities. Last week, 57 Republicans voted against the Ukraine assistance bill in the House. This material may not be published, broadcast, rewritten, or redistributed. HOUSE PASSES $40 BILLION UKRAINIAN AID PACKAGE. Ms. Raimondo has said child care will draw more people into the work force, when many businesses are struggling in a tight labor market. Thats nationalism. Some will go to makers of older chips that are still essential for cars, appliances and weapons, as well as suppliers of raw materials for the industry and companies that package the chips into their final products. 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. 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. 2023 FOX News Network, LLC. Chip shortages during the pandemic forced factories to halt work and brought home in a tangible way how vulnerable the supply chain is to disruption. 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. A confirmation vote from the full Senate will come later this week. TSMC, which produces most of the worlds leading-edge chips, has been busy expanding in Arizona, while No. "We cannot save Ukraine by dooming the U.S. The final amount, included in the year-end, must-pass omnibus bill, means Ukraine will get $8 billion more than the $37 billion President Biden asked Congress for last month. With the Senate poised to debate and vote on the package of military and economic aid, Paul denied leaders the unanimous agreement they needed to proceed. A sprawling new program for the semiconductor industry is foremost about national security, but it will try to advance other priorities as well. Republicans in the House of Representatives overwhelmingly joined Democrats in voting for an additional $40 billion in aid to Ukraine on Tuesday with only 57 conservatives opposing the move. Final passage of military, food aid bill expected this week, Kentucky Senator Paul delayed passage, demanded changes. Covering Phoenix, Mesa, Glendale, Scottsdale, Gilbert, the valley . Paul who had delayed the proposal to insist on language appointing a special inspector general to oversee the distribution of the money was one of 11 Republicans to vote against final passage, along with Marsha Blackburn of Tennessee, John Boozman of Arkansas, Mike Braun of Indiana, Mike Crapo of Idaho, Bill Hagerty of Tennessee, Josh Hawley of Missouri, Mike Lee of Utah, Cynthia Lummis of Wyoming, Roger Marshall of Kansas, and Tommy Tuberville of Alabama. The biggest hurdle to rapid approval of the assistance was cleared this week when Biden and Democrats dropped their demand to include billions more in the measure to bolster U.S. efforts to counter the coronavirus pandemic. "We have preliminary results, we will have certain losses declared, if I am not mistaken, within UAH 40 billion," he said . Two months ago, only three GOP House members voted against a separate security package. Micron, which makes advanced memory chips, has announced big expansion plans in New York. President Joe Biden had asked Congress to approve an additional $33 billion in aid for Ukraine two weeks ago, but lawmakers decided to increase the military and humanitarian funding. Copyright 2023 CBS Interactive Inc. All rights reserved. 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. Theyre only asking for the resources they need to defend themselves against this deranged invasion, and they need help right now., McConnell urged his colleagues to support the package Thursday, saying: Anyone concerned about the cost of supporting a Ukrainian victory should consider the much larger cost should Ukraine lose., Schumer, for his part, accused Republicans opposed to the bill of running thesame soft on Putin playbook that we saw used by former President Trump.. The 368 to 57. The package delivers nearly $14 billion in emergency funding to help address the emerging humanitarian crisis in Ukraine and shore up the country's defense . First published on May 12, 2022 / 9:46 PM. "I'm concerned that it shortchanges priorities here at home. The FMF replenishes the stockpiles of NATO allies, and Biden has used that three times to hand over $3.1billion of support. This bill will protect democracy, limit Russian aggression, and strengthen our own national security, while, most importantly, supporting Ukraine, Democratic Representative Rosa DeLauro, who chairs the House Appropriations Committee, said as she urged support for the spending package. With these decisions ahead, it is worth reviewing how much aid there has been, what that . US House Passes $40 Billion Bill to Bolster Ukraine Against Russian Invasion. The measure now heads to the Senate, which is expected to act quickly. And Intel, a U.S. technology giant that is investing heavily to try to capture a technological edge, has broken ground on a megasite in Ohio. $46.6 billion is in military assistance such as tanks, missiles and drones. The legislation has been approved overwhelmingly by the House and has strong bipartisan support in the Senate. If Biden is serious about avoiding a debt ceiling disaster, he needs to act like it and put away the taxpayers checkbook. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Stocks Drop for a Second Day; Yields Stay Elevated: Markets Wrap, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. The program also includes some ambitious and unusual requirements aimed at benefiting the people who will staff semiconductor facilities. 'It is critical that government agencies administering these funds ensure they are used for their intended purposes to prevent and reduce the risk of waste, fraud, and abuse. "It is a matter of priorities that are misplaced. Greg Nash/Pool via AP, File. The House of Representatives has passed a nearly $40 billion bill that will aid Ukraine in its war with Russia. 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. Given the huge cost of building highly advanced semiconductor facilities, the funding could go fast, and competition for the money has been intense. . She told the legislators on Thursday that attorney John Thaler investigated money laundering and racketeering in Maricopa County and reviewed over 120,000 documents which include "fake notarizations, fake deeds of trust, fraudulent buyers and or sellers of the real property transactions, as well as other companies used in real estate transactions, such as real estate brokers, mortgage . WASHINGTON (AP) The House emphatically approved a fresh $40 billion Ukraine aid package Tuesday as lawmakers beefed up President Joe Biden's initial request, signaling a magnified,. Gleb Garanich/Reuters. The . The week before, House Speaker Nancy Pelosi, D-Calif., visited Ukraine accompanied by several of her Democratic colleagues. Show More. (Ukrainian Presidential Press Office via AP). Broken down, the funds include about $11.9 billion to replenish U.S. weapons stocks that have been dipped into often since Feb. 24, when Russia first attacked Ukraine and Washington poured in its own lethal equipment to bolster the besieged country. 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. This documentary-style series follows investigative journalists as they uncover the truth. The bill still must be passed by the House and Senate and signed by Biden, but should it happen by years end, total U.S. military, humanitarian and economic assistance to Ukraine will tick past more than $110 billion in 2022. He has a long history of demanding last-minute changes by holding up or threatening to delay bills on the brink of passage, including measures dealing with lynching, sanctioning Russia, preventing a federal shutdown, the defense budget, government surveillance and providing health care to the Sept. 11 attack first responders. 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. Democrats and McConnell opposed Paul's push and offered to have a vote on his language. But they have also promised 'robust' oversight to protect American taxpayers while making sure weapons make an impact on the battlefield. Comer and his Republican colleagues highlighted how pandemic programs - which were approved quickly - later fell victims to fraud and abuse. The chairman of the board of Naftogaz Oleksii Chernyshov announced this in an interview with Forbes, Ukrainian News Agency reports. The approved fundingwill go toward the Ukrainian military and national security forces, weapons, equipment, training, and other intelligence support as well as refugee and medical support. 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. The United States manufactures 12 percent of chips, though none of the worlds most advanced. "Helping Ukraine is not an instance of mere philanthropy," McConnell said. 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. Oksana Markarova, Ukraines ambassador to the United States, appealed for assistance to both Democratic and Republican senators at their weekly party lunches on Tuesday. All rights reserved. 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