What's in the $95 billion foreign
A look at what’s in the $95 billion package passed by the House on Saturday that will provide military aid to Ukraine and Israel, replenish U.S. weapons systems and give humanitarian assistance to civilians in Gaza.
Senate passage is expected this coming week. President Joe Biden has promised to sign the package as soon as he gets it.
The broad spending breakdown:
—about $61 billion for Ukraine and replenishing U.S. weapons stockpiles. The overall amount provided to Ukraine for the purchase of weapons would be $13.8 billion. Ukraine would receive more than $9 billion of economic assistance in the form of “forgivable loans.”
—about $26 billion for supporting Israel and providing humanitarian relief for people in Gaza. About $4 billion of that would be dedicated to replenishing Israel’s missile defense systems. More than $9 billion of the total would go toward humanitarian assistance in Gaza amid the Israel-Hamas war.
—about $8 billion for helping U.S. allies in the Indo-Pacific region and countering China. More than $3.3 billion would go toward submarine infrastructure and development, with an additional $1.9 billion to replenish U.S. weapons provided to Taiwan and other regional allies.
Related articles
Strictly star Giovanni Pernice's former partner Rose Ayling
Giovanni Pernice has been dealt a fresh blow after friend and former Strictly dance partner Rose Ayl2024-05-21What the Green Party knew, and what next for MP Darleen Tana
Photo: Marika Khabazi2024-05-21US approves plan to strike Iranian targets in Syria and Iraq, officials say
US military in Syria earlier this year. Photo: AFP / DELIL SOULEIMAN2024-05-21EDITORIAL: Shinkansen extension raises concerns about costs, impact
The Hokuriku Shinkansen Line’s Kanazawa-Tsuruga section has opened with much fanfare.The “Hokuriku s2024-05-21OpenAI pauses ChatGPT voice after Scarlett Johansson comparisons
NEW YORK (AP) — OpenAI says it plans to halt the use of one of its ChatGPT voices after some users s2024-05-21100 days since Hamas attacked Israel, triggering war in Gaza
Photo: GIL COHEN-MAGEN / AFP2024-05-21
atest comment