Explosive Situation: US "Running Out of Cash" to Aid Ukraine in the Face of War
In an alarming announcement, the White House has sounded the alarm on Monday regarding aid to Ukraine. "We are running out of money, and time is running out too," Washington warns Congress, which must vote in the coming days for new funding to support the Ukrainian war effort.
"I want to be clear: if Congress fails to act, by the end of the year, we will be out of resources to deliver more weapons and equipment to Ukraine and provide material from US military stocks," writes Shalanda Young, Director of the White House Budget, in a letter to the Republican Speaker of the House of Representatives.
"There is no magical funding available to address this emergency. We are running out of money, and time is running out too," she warns.
$100 Billion at Stake
At stake is an exceptional package of over $100 billion requested by Democratic President Joe Biden on October 20 from Congress to address major emergencies, including assisting Israel and Ukraine, countering China, and dealing with the influx of migrants at the southern border.
"Cutting off the supply of American weapons and equipment would break Ukraine's war effort," asserts the Budget Director in this urgent letter.
"Cutting off the supply of American weapons and equipment would break Ukraine's war effort, endanger the progress achieved by Ukraine, and increase the likelihood of Russian victories," Shalanda Young adds. "Our deliveries of military aid have already decreased," she notes.
Negotiating on Migration
"This is not a problem for next year. We need to help democratic Ukraine fight against Russian aggression now," concludes Shalanda Young.
The United States, the main supplier of military aid to Ukraine, has been in a state of budgetary uncertainty for months due to ongoing parliamentary turmoil. The Congress of the world's leading power, composed of a Democratic-controlled Senate and a Republican-controlled House of Representatives, has yet to pass a final budget for the fiscal year that began on October 1. The federal government is currently operating on an emergency extension set to expire in mid-January. When Joe Biden solemnly requested his massive budget package, including $60 billion for Ukraine, the House of Representatives was in chaos due to internal Republican party disagreements.
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Since then, the House has elected a speaker, Mike Johnson, which has allowed the budget debates to resume. However, the road ahead remains challenging: a handful of right-wing lawmakers in the House, while strongly supportive of aid to Israel, want to cut military assistance to Kiev. Other conservative lawmakers are demanding a significant toughening of US immigration policy in exchange for their support for the Ukraine package.
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