A look at what’s in the $95 billion package passed by the House on Saturday that will provide military aid to Ukraine and Israel, replenish U.S. weapons systems and give humanitarian assistance to civilians in Gaza.
Senate passage is expected this coming week. President Joe Biden has promised to sign the package as soon as he gets it.
The broad spending breakdown:
—about $61 billion for Ukraine and replenishing U.S. weapons stockpiles. The overall amount provided to Ukraine for the purchase of weapons would be $13.8 billion. Ukraine would receive more than $9 billion of economic assistance in the form of “forgivable loans.”
—about $26 billion for supporting Israel and providing humanitarian relief for people in Gaza. About $4 billion of that would be dedicated to replenishing Israel’s missile defense systems. More than $9 billion of the total would go toward humanitarian assistance in Gaza amid the Israel-Hamas war.
—about $8 billion for helping U.S. allies in the Indo-Pacific region and countering China. More than $3.3 billion would go toward submarine infrastructure and development, with an additional $1.9 billion to replenish U.S. weapons provided to Taiwan and other regional allies.
Related articles:
Related suggestion:
Revealed: England's smart motorways lost power nearly 400 times in two yearsLyrid Meteor Shower peaks tonight with up to 18 shooting stars overhead every hour'CatchFury over 'ripChina celebrates 30 years of internet access, boasting over 1 billion usersCate Blanchett ditches her red carpet gowns for a laidNew Godzilla x Kong film tops Chinese box officeLegendary rugby league star Wally Lewis appeals for concussion and CTE awareness supportShipwreck archaeology unveils glory of Maritime Silk RoadKepler has 3 RBIs in return from injured list; Twins beat White Sox 7
2.781s , 6503.8984375 kb
Copyright © 2024 Powered by What's in the $95 billion foreign ,International Interplay news portal