Last night this morning, in order to achieve the strategic goal of "significantly weakening Russia", the White House and Congress worked hard all day. In addition to proposing $33 billion in emergency aid grants, they also moved out the laws of the World War II period.
In order to emphasize the urgency of a series of measures, Biden also personally came out to speak to the American people, emphasizing that the cost of this aid is very high, but "the cost of succumbing to Russia will be greater."
a full $33 billion! The military industry order came
While White House announced Biden's funding request, it also roughly revealed the distribution of the aid amount, including $20.4 billion in security and weapons aid, $8.5 billion in military aid and $3 billion in humanitarian aid. In addition, the White House also applied for a subsidy of $500 million to help the United States produce wheat and soybeans and other agricultural products that soared after the conflict.
(Source: White House)
For Ukraine, US$33 billion is about one-fifth of the annual economic output value before the conflict, while US$20 billion in military aid is equivalent to one-third of Russia's military expenditure last year.
Of course, at yesterday's press conference, Biden once again emphasized that this move does not mean that "the United States attacks Russia, but is just helping Ukraine's defense."
Previously, the United States and NATO allies had sent a lot of arms to Ukraine, including the "Switchblade" suicide drone, the M777 long-range heavy fire howitzer, the portable "Stinger" missile, and the anti-tank "Jaullin" missile.
In addition to paying for Ukraine itself, the White House is also working to deal with the previously seized Russian oligarch assets. Also in yesterday's proposal, Biden asked Congress to approve the transfer of the confiscated cash to Ukraine and convict the act of evading sanctions.
Hall had previously stated that the U.S. and European allies had confiscated $30 billion worth of assets of Russian rich people, including yachts, real estate, helicopters and artworks.
In order to realize Biden's demands, the US Department of Justice needs to quote the 1970 Anti-Radical Extortion and Bribery Organizations Act. According to a summary of the legislative proposal, Biden hopes to increase the statute of limitations for money laundering crimes from five years to ten years, while also seeking to define possession of "funds known to be related to Russian corruption" as a crime.
Although there is the "political correctness" impact of aiding Ukraine, the conflicts in the US Congress are still ongoing. The Democratic caucus is currently trying to advance the new Ukrainian bill and $22.5 billion in combating the epidemic, which also makes the situation slightly more complicated. Some Republican MPs shouted "I must support Ukraine" while saying that the details of the terms still need to be studied.
Congress approved the military lease bill
Although the two parties in Congress continue to argue, they can still show the momentum of unity against the enemy without spending their own money.
In the past two days, the U.S. House of Representatives has successively passed the Ukrainian Reconstruction Asset Seizure Act and the Ukrainian Military Lease Act.
First on April 27, the House of Representatives voted to pass the Ukrainian Reconstruction Asset Seizure Act, which encourages the U.S. government to confiscate assets worth more than $2 million and sell them, and the proceeds will be used to "help the Ukrainian people." The bill will also be submitted to the Senate for a vote.
Then yesterday, the House of Representatives passed the Ukrainian Military Lease Act, which is also a World War II project that allows the United States to "leas" military equipment from its allies. Although the old lease bill has been able to provide arms to Ukraine, there are many legal inconveniences, such as the president needs to confirm that the US military does not need to use these equipment, and the countries that lease the equipment need to have sufficient financial ability to pay for the lease fees and compensation after the weapon is damaged.
It is worth mentioning that although the name is Ukraine Military Lease Act, it also covers multiple Eastern European countries including Polish . However, considering that the United States is currently sending arms rather than "lent", this bill may play a more important role in the future.
The Senate has voted to pass this bill before, and after the House of Representatives passes it to Biden for signature.
Source: Cailianshe
Original title: Biden issued a proposal of $33 billion to aid Ukraine, and arms aid is close to one-third of Russia's military expenditure
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-