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TonEdi

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27/02/22

11:23

Post #: 59850233
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Originally posted by retiredyoung: ↑

White House Seeks $6.4 Billion to Respond to Ukraine Crisis

Aid to Ukraine could be added to spending package due March 11

Funds would cover refugee assistance, food, security

The White House on Friday told Congress that it will need an estimated $6.4 billion in new funding to assist Ukraine as it resists a Russian invasion, to support other eastern European nations dealing with the impact and to bolster the Pentagon.

Of the new money, $2.9 billion would for humanitarian and security needs for Ukraine, the Baltic countries, Poland and other neighbors of Ukraine under the plan. That would be used for humanitarian assistance, food aid, refugee assistance, as well as energy and economic stabilization, according to an administration official.

The Biden administration also is seeking $3.5 billion for the U.S. Defense Department to respond to the crisis.

The funds are in addition to the $650 million in security aid and $52 million in humanitarian aid the US already committed to Ukraine over the last year as well as a previous $1 billion sovereign loan guarantee.

War in Ukraine: White House Asks Congress for $6.4 Billion for Aid - Bloomberg

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