US President Joe Biden announced on Thursday that he has signed a $33 billion request for additional funding for Ukraine from Congress as the Russian invasion is taking on a new important stage.
The funding request is expected to support Ukraine this financial year, or approximately 5 months, and includes $20.4 billion in military assistance.
Biden thinks the big claim is crucial to global stability.
He urged Congress to pass the funding “as quickly as possible.”
He reiterated that he would not send US troops to Ukraine and said the US was “not attacking Russia”, but instead “helping Ukraine defend itself against Russian aggression”, blaming Russian President Vladimir Putin .
“Russia is the aggressor, no ifs, ands, or buts about it. Russia is the aggressor, he said, and the world must and will hold Russia responsible.
Biden reviewed several provisions of the $33 billion request, including:
- $20.4 billion requested for military and security assistance
- $8.5 billion in economic support for the government and people of Ukraine
- $3 billion to be allocated to additional humanitarian assistance and food security funding, and targeted funding to address economic disruption
He also detailed proposed new legislation to hold Russian oligarchs accountable.
While members agreed that more money was needed for Ukraine, it was not clear how quickly this additional money would pass through Congress, nor was it clear whether the proposal would be for oligarchs who could move. how fast to move. One possible path would be to tie the two bills together, but Republican and Democratic leaders are in the early stages of negotiating how to pass more generous funding to Ukraine.
The President also reacted to the news earlier this week that Russia stops supplying gas to Poland and Bulgaria after both countries refused to pay in rubles, further destabilizing a global oil market that was already roiled by war.
“Let me be clear, we are not going to let Russia threaten or blackmail them from these sanctions. We will not allow them to use their oil and gas to avoid consequences. We are working with other countries such as South Korea, Japan, Qatar and others to support our efforts to help European allies threatened by Russia with gas and demand. their energy in other ways,” he said.
Read more about the proposal this.
