Republican senators have introduced a bill in the upper house of the US Congress that provides for economic and political sanctions against Russia, which could be introduced in the present day, the document also refers to additional assistance to Ukraine.
Real costs taxes on Russia:
Immediately stops construction of the Nord Stream 2 project and would mandate sanctions on the project without a waiver should Russia invade. Prior to an invasion, the bill suspends sanctions for as long as the German government continues to suspend the certification process.
Sends a clear deterrent message to Putin that an invasion of Ukraine will result in massive economic consequences to Russia’s economy, including:
Sanctions on major Russian banks; and
Secondary sanctions on banks that continue business with sanctioned Russian banks.
Putin’s cronies, enablers, and major banks before Russia further invades Ukraine to ensure Putin pays a price now for hybrid attacks already launched.
Allows any chairman or ranking member of a national security committee to force a determination from the president on whether Russia’s aggression against Ukraine and fulfills conditions to trigger a major escalation.
Supports Ukraine before, during, and after a Russian escalation:
Provides $500 million in Foreign Military Financing (FMF) for Ukraine, including $250 million in emergency funding, with $100 million for emergency lethal assistance for critical capabilities like air defense, anti-armor, and anti-ship capabilities.
Creates a new Ukraine Resistance Fund to help Ukraine resist attempts to occupy or subjugate any new territory Russia seizes, while sending a clear message to Putin that his military will pay a price for advances into sovereign Ukrainian territory.
Authorizes a new Lend-Lease authority for Ukraine.
Expedites congressional review of arms sales and security assistance to Ukraine.
Counters Russian malign influence and aggression throughout Europe:
Doubles funding for U.S. military exercises in Europe.
Creates a new State Department FMF program for Eastern Europe to help European allies strengthen their own defensive capabilities and encourage greater burden-sharing.
Boosts funding for State Department efforts to counter Russian disinformation, including the Global Engagement Center, and expands broadcasting by Radio Free Europe/Radio Liberty.
Republicans called the document "Never Give Up the Territory of Europe", which means "we will never give up the territory of Europe". The abbreviation of the bill has a certain symbolism - NYET (from Russian "no").
