This article is from a month ago, when Biden requested an additional $13 billion for Ukraine for the new fiscal year, which begins in October. That is, this new $13 billion is for the last three months or until the end of this year.
The article also says that two-thirds of the funds previously approved by Congress have been spent or obligated.
Am I to understand that the entire Lend-Lease plus that additional $13 billion will be spent by the end of this year?
The article also says that two-thirds of the funds previously approved by Congress have been spent or obligated.
Am I to understand that the entire Lend-Lease plus that additional $13 billion will be spent by the end of this year?
The Biden administration on Friday asked Congress for $13.7 billion in additional aid for Ukraine, underlining its commitment to support the war-battered country in a costly conflict that shows little sign of abating.
As part of the Ukraine funding request, $7.2 billion would be used to give new weapons and military equipment to the country, replenish U.S. stockpiles and provide other defense-related support, administration officials said. An additional $4.5 billion would support the Ukrainian government, and $2 billion would be used to offset effects on energy supplies from Russia’s invasion.
The White House says that the funds are needed to sustain the pace of aid to Ukraine for the first three months of fiscal 2023, which begins at the start of October. The administration official said roughly three-fourths of the funds Congress has already approved for Ukraine have been spent or obligated.
Congress on a bipartisan basis has approved over $53 billion in security, economic and humanitarian assistance to address Russia’s invasion of Ukraine this year. Biden signed the last package, totaling $40 billion, into law in May. At the time, the White House said it expected those funds to last through the end of the fiscal year.