Treasury Secretary Janet Yellen said Thursday that the US will send about $10 billion in additional economic assistance to Ukraine in the coming months.
Since Russia invaded Ukraine last year, the US has given Kyiv at least $13 billion in budgetary aid, economic assistance that goes directly to the Ukrainian government to fund government services, pensions, and healthcare.
“Our economic assistance is making Ukraine’s resistance possible by supporting the home front: funding critical public services and helping keep the government running,” Yellen said in India ahead of a meeting of G20 finance ministers.
“In the coming months, we expect to provide around $10 billion in additional economic support for Ukraine,” she said.
Additional aid will be pulled from the $45 billion Congress authorized to spend on Ukraine in December. So far, the US has approved $113 billion in spending on the war, which includes military aid, training, funds for the Pentagon to replenish stockpiles and pay for troop deployments, and economic assistance.
According to a summary of the $45 billion aid package approved in December, $13 billion is allocated for economic and budgetary assistance.
The US has handed tens of billions of dollars directly to the Ukrainian government despite its notorious corruption. Last month, a corruption scandal rocked Ukraine that resulted in the firing of several senior officials.
Let us wrap up chemical disaster site in Ukrainian flag, So that our heart can be warmed by the knowledge that our dodgy infrastructure is orice worth paying to defend Ukrainian democracy.
Search “America’s crumbling schools” to begin to understand the opportunity costs of that extra $10 Billion to Ukraine.
yes that $10 billion would do wonders for america’s schools but in this case will disappear in a matter of hours once it leaves Bank Of America
Our record on providing oversight for “economic assistance” is beyond dismal; we drowned Iraq and Afghanistan in “assistance” money, only to have the vast majority of it siphoned off by crooks and scoundrels; Ukraine is now and will be in the future no different. Although, maybe once he’s stolen enough to set himself and his cronies up for life, zelensky might be willing to negotiate a settlement, just so he can escape to Malibu and start spending the money he stole.
Louis the 16th bankrupted his country to fund the American Revolution against Great Britain and lost his head for it. While no heads will roll this time, I see history repeating itself.
Louis the 14th died 60 years before the American Revolution commenced. Of gangrene, after surgery for an anal fistula.
I think he meant Louis 16th. Easy to get the Louie’s mixed up.
Yeah, but I couldn’t resist the first opportunity I’ve ever had to use the phrase “anal fistula” in a comment here.
Sounds like a phrase that Shakespeare would have enjoyed using.
You are correct. I got my Roman numerical mixed up.
Spending 20 Billion in a place that is none of our business is a perfect move by Sleepy Joe nd the rest of his moronic cabal.This of course part of his failed infrastucture bill that might have done some good for lower income Americans. This country is run by the rich and for the rich. Anyone who thinks differently has their head up their backside,All of this vast wasteing of Military spending is Money needed here and not outside the country.
The sums wasted in Iraq and Afganistan places we did not have to be could and should have financed the reformation of our society and culture. Thank you Clinton,Bush,Obama and You too Joe.
Now,now now. You’re forgetting that Joe from Scranton is a blue collar type guy who cares deeply about middle and lower class people.
“Thank you Bush,Clinton,Bush,Obama,Trump and You too Joe.”
Fixed. And that’s just Iraq and Afghanistan. Otherwise we have to keep adding to that list.
You can.bet your life that China and Iran . See what is coming.
maybe trump is just that forgettable
Aren’t we about to run out of money to even pay back social security and bond payments? Why is our treasury secretary prioritizing Ukraine over over ourselves? I don’t understand!
Micheal Jackson should explain it to you… They don’t really care about us.
Janet is as stupid as the rest of Biden’s people, Just another checked box.
Not till 2034. Eliminate the cap, problem solved.
The banksters are working on a digital currency to replace the dollar soon. The joke will be on any country that’s holding the worthless dollar by 2030.
We need to blame Russia when US goes bankrupt. Next headline would will read Putin responsible for the elderly losing social security benefits.
“Yellen Says US Will Send $10 Billion in Economic Aid to Ukraine The
US has already provided about $13 billion in budgetary aid to Ukraine,
which pays for government services, pensions, and healthcare”
US trains falling off their tracks and causing generational dead zones, an open southern boarder, economy ready to fall of a cliff, and Joey Balloon Boy Biden giving more and more away to Ukraine.
Why must the US taxpayer pay the salaries of Ukrainian workers?
Sending billions to Ukraine yet seizing billions of Afghanistan’s funds but thankfully US court system telling Biden that it is wrong as if he didn’t know already. The US created the hunger in Afghanistan therefore they should be sending money there not seizing it.
And Russia created hunger in Ukraine. Therefore they should be sending money there and not seizing territory.
It would be a waste of good money if it were worth anything. Tell Zelensky to go pound sand. He and his country is not worth saving.
Yeah, great idea. Meanwhile, here in Amerika, the dead bodies of fentanyl addicts have to be removed from the doorway of my workplace before I can get in to work to pay the taxes that will not go to solve the dead body in the doorway problem, but to pay the pensions of Ukrainian State employees. Because ‘we are broke’ when it comes to everything that is not serving the War Machine.
Disasters everywhere due to the 100 year weather onslaught here, and this administration plans to shovel more money into the coffers of Ukraine.
Congress controls the purse. GOP controls Congress right now. They are complicit in all this spending.
We could use some snow plows here in the Sierra foothills.