What is in the US Congress’ $95.34 billion security aid bill?

What is in the US Congress’ $95.34 billion security aid bill?

What is in the US Congress’ $95.34 billion security aid bill? By Reuters

Breaking News

‘;

World

Published Feb 12, 2024 03:36PM ET
Updated Feb 13, 2024 07:15AM ET

© Reuters. FILE PHOTO: The U.S. Capitol Building is seen in Washington, U.S., August 15, 2023. REUTERS/Kevin Wurm/File Photo

WASHINGTON (Reuters) -The Democratic-led U.S. Senate is voting this week on a $95.34 billion emergency spending bill, including security assistance for Ukraine and Israel, international humanitarian aid and resources to help allies in the Indo-Pacific.

The Senate’s Democratic majority leader, Chuck Schumer, kept lawmakers in Washington for rare weekend votes, in an effort to pass the bill within days and send it for consideration by the Republican-led House of Representatives, although there was no guarantee Republican Speaker Mike Johnson – who has voted against past aid for Ukraine – would even allow a vote.

Here is some of what is in the bill:

UKRAINE AID

The bill includes $60.06 billion in additional aid to Ukraine. Much of that would come in the form of weapons and military equipment purchased from U.S. defense companies and to restore U.S. stockpiles after two years of transfers for Ukraine’s battle against Russian invaders.

ISRAEL AID

The Senate plan directs $14.1 billion to Israel to support its war against Hamas.

It also strips U.S. funding for the United Nations Relief and Works Agency. Israel has accused 12 of UNRWA’s Palestinian employees of being involved in Hamas’ Oct. 7 attack on Israel.

RED SEA SUPPORT

The bill gives the Pentagon $2.44 billion for operations around the Red Sea, where U.S. forces have sought to combat attacks on shipping by Houthi rebels in Yemen.

INDO-PACIFIC FUNDING

The bill would spend almost $4.83 billion to support partners in the Indo-Pacific, including Taiwan, and deter aggression by China.

HUMANITARIAN AID

The bill would provide $9.15 billion in humanitarian assistance to provide food, water, shelter, medical care and other services to civilians in Gaza and the West Bank, Ukraine and other populations in conflict zones around the globe.

What is in the US Congress’ $95.34 billion security aid bill?

Our Apps



Terms And Conditions
Privacy Policy
Risk Warning
Do not sell my personal information

© 2007-2024 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.