Sunday, February 25, 2024

The White House has warned the US Congress that there will be no funding for Ukraine by the end of the year

The White House warned last night that by the end of the year the US Government will have no money to support Ukraine in its fight against Russia and asked Congress to quickly approve measures so that the funds can continue to be sent.

In a letter signed by Shalanda Young, head of the US Office of Management and Budget, the US Executive assured that, without action by Congress, “by the end of the year” the Government will run out of resources to get more weapons and equipment for Ukraine.

“There is no magic pool of financing available to deal with this moment. We are running out of money and running out of time,” said the letter, addressed to the speaker of the House of Representatives, Republican Mike Johnson. ; the Democratic leader of this chamber, Hakeem Jeffries; to Senate Majority Leader Chuck Schumer and Senate Republican Leader Mitch McConnell.

Stopping the shipment of weapons and equipment, the letter added, “would jeopardize Ukraine’s achievements” and “increase the likelihood of Russian military victories.” “Our security aid packages are becoming smaller and aid deliveries are more limited. If our aid stops, it will cause big problems for Ukraine,” he said.

“Our security aid packages are becoming smaller and aid deliveries are more limited. If our aid stops, it will cause major problems in Ukraine”

And the money given to Ukraine “has halted Russian advances in Ukraine, helped Ukraine achieve significant military gains and revitalized the US Defense Industrial Base (DIB).”

In a later press conference, White House National Security Advisor Jake Sullivan reiterated that the United States “has run out of money” for Ukraine. “I believe that any member of Congress who does not support funding Ukraine is voting for an outcome that will make it easier for Putin to prevail. A vote against supporting Ukraine is a vote to improve the strategic Putin’s position,” he said.

What has been contributed and what is to come

To date, the United States has provided $111 billion in funding to support Ukraine. Of this, 67 billion, approximately 60%, strengthened the defense capabilities of the United States.

“Our own military readiness has improved, as the Department of Defense has purchased new equipment to replace what we sent to Ukraine, expanded and expanded production lines, and supported good-paying jobs in many state across the country,” the letter details. .

By mid-November, the Defense Department had used 97% of the $62.3 billion it had received, and the State had used 100% of the $4.7 billion in military aid it had received.

Approximately 27.2 billion was used for economic and civil security assistance (such as demining) to Ukraine, “which is as important to the survival of Ukraine as military assistance.”

“If the Ukrainian economy collapses, they will not be able to continue fighting. Putin understands this very well, so Russia has made the destruction of the Ukrainian economy a central element of its strategy, which can be seen in the “It attacks grain exports and Ukraine’s energy infrastructure,” the letter said.

After the budget extension approved in November and endorsed by Biden, lawmakers have until February to negotiate a fiscal budget for fiscal year 2024, which has already begun.

World Nation News Desk
World Nation News Desk
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