Bloomberg: Biden to ask Congress for $100 billion in aid for Ukraine and Israel
US President Joe Biden is allegedly planning to ask Congress for additional funding for Ukraine and Israel. It is a total aid package worth about $100 billion.
In addition, this package will include funding for border security and assistance to countries in the Indo-Pacific region, including Taiwan. Bloomberg reported this on Tuesday, October 17, citing sources.
According to the publication, a group of lawmakers proposed to the US presidential administration to develop a joint package for the two countries to attract Republican votes.
The article says that assistance to Israel, which was attacked by Hamas terrorists in early October, enjoys broad support from both parties in the US Congress. However, assistance to Ukraine to combat Russia's full-scale invasion, which has been ongoing since February 2023, "has hardly earned the support of Republicans in the House of Representatives."
"A group of lawmakers who support additional aid to Kyiv earlier this month proposed that the administration develop a joint aid package for Israel and Ukraine, hoping to overcome Republican opposition," the journalists write.
A source familiar with the White House's efforts to coordinate the request said the details of the package are still being worked out and emphasized that the amount would cover the entire fiscal year. The Biden administration's previous request, which included $24 billion in aid to Ukraine, covered only three months.
Bloomberg added that any White House request would have to wait until House lawmakers elect a new speaker after Kevin McCarthy's ouster. Any spending measure would have to be approved by the House of Representatives first.
"The sheer scale and demands of the package are likely to spark resistance in the House, where GOP divisions over spending cuts and foreign aid have played a role in the fight between the speakers. Congressman Jim Jordan, a leading candidate for the next speaker, is skeptical about new aid to Ukraine, and conservatives in the House of Representatives demand that the aid package to Israel should not be tied to further aid to Kyiv," the journalists noted.
As OBOZ.UA reported earlier, The Telegraph wrote that Biden plans to request the largest financial aid package for Ukraine from Congress. It is expected to amount to a record $100 billion.