Thursday, October 19, 2023

White House To Ask Congress For $100 Billion In Military And Economic Aid To Ukraine And Israel

Bloomberg: Biden Plans to Ask Congress for $100 Billion in Ukraine, Israel Aid 

(Bloomberg) -- President Joe Biden is considering a supplemental request of approximately $100 billion that would include defense assistance for Israel and Ukraine alongside border security funding and aid to nations in the Indo-Pacific, including Taiwan, according to people familiar with the matter. 

Biden has pledged support for Israel in the wake of the deadly attack earlier this month by Hamas, a group designated by the US and EU as a terrorist organization. Aid for Israel enjoys broad bipartisan support in the US Congress  

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WNU Editor: A $100 billion here. A $100 billion there. Here is an easy prediction. When you look at the trajectory of what is happening now, these $100 billion dollar expenditures will be peanuts in comparison to what will happen if there is a full scale war in the Middle East and elsewhere.

Update: I guess they are not worried about this .... $1,700,000,000,000 US Budget Deficit Shattered in 2023 As IMF Issues Warning on America’s ‘Worrying and Deteriorating’ Fiscal Trajectory (Daily Hodl). 

White House To Ask Congress For $100 Billion In Military And Economic Aid To Ukraine And Israel  

Biden Considering $100 Billion Funding Request That Includes Israel, Ukraine Aid -Sources -- Reuters  

Biden expected to ask Congress for $100B package that includes aid to Israel and Ukraine -- Politico 

White House prepares Israel, Ukraine aid request -- The Hill  

Biden expected to seek $60B for Ukraine and aid for Israel in $100B funding request -- NBC  

Administration telling Congress they could request upwards of $100 billion for national security supplemental -- CNN  

Bloomberg: Biden plans to ask Congress for $100 billion in Israel, Ukraine aid -- Kyiv Independent

2 comments:

Anonymous said...

The price of being beholden to two massively overfunded and under-scrutinized diaspora communities.

Anonymous said...

The ghost of Everett Dirksen. Not to worry. Yellen says we can fight on two fronts