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IPFS News Link • Government Debt & Financing

Congress Includes $45 Billion in New Ukraine Aid to $1.7 Trillion Funding Bill

• by Dave DeCamp

Congress unveiled on Tuesday a massive $1.7 trillion omnibus funding bill that includes $45 billion in new Ukraine aid, which will bring total US spending on the war to about $112 billion.

The $45 billion is over $7 billion more than the $37.7 billion in Ukraine aid that the White House asked Congress to authorize before the next congressional session begins in January.

According to a summary of the new Ukraine aid, the $45 billion includes $9 billion for the Ukraine Security Assistance Initiative, which allows the US to purchase arms for Kyiv and funds other types of support, including training and intelligence sharing.

The aid includes $11.8 billion to replenish US military stockpiles that have been sent to Ukraine. US European Command will get $6.98 billion for "mission support, intelligence support, pay, equipment, and related activities." The US is set to open a new command in Germany dedicated entirely to overseeing the training and arming of Ukrainian forces.

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