Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Politics

Senate advances $95B Ukraine and Israel aid package, setting stage for expedited vote

by April 24, 2024
April 24, 2024
Senate advances $95B Ukraine and Israel aid package, setting stage for expedited vote

The Senate successfully advanced a $95 billion foreign aid package, which includes assistance for both Israel and Ukraine, on Tuesday by passing a motion to invoke cloture and end debate on the measures early. 

The upper chamber cleared the procedural hurdle by a vote of 81 to 19 after the House passed the bills on Saturday, and Majority Leader Chuck Schumer, D-N.Y., promised to move quickly to get the package across the finish line. 

Included in the package of bills is aid for Ukraine, Israel and Taiwan, as well as a measure requiring TikTok to divest from Chinese-owned ByteDance, and the REPO Act, which would allow $5 billion in Russian assets held in U.S. banks to be transferred to Ukraine.

Schumer pleaded with fellow senators in remarks on the Senate floor ahead of the vote, telling them, ‘Let us not delay this. Let us not prolong this. Let us not keep our friends around the world waiting for a moment longer.’

‘Today, the Senate faces a test,’ Senate Minority Leader Mitch McConnell, R-Ky., said in his own floor remarks prior to the vote. ‘And we must not fail it.’

He further called passage of the supplemental foreign aid bills ‘overdue.’ President Biden first made his request for additional aid to U.S. allies in October 2023. 

The Senate initially passed a foreign aid package to Ukraine, Israel, and Taiwan in February, but House Speaker Mike Johnson, R-La., did not move quickly to bring the measure to the House floor for a vote. And when Johnson ultimately brought aid for a vote in the lower chamber, it was a different version, prompting the bills to be sent back to the Senate before they can head to Biden for a signature. 

The initial package had passed the Senate with overwhelming support, by a vote of 70 to 29. 

The package faces some pushback from senators on both sides of the aisle. Sen. Mike Lee, R-Utah, for example, is against the continued aid to Ukraine, citing the amount of aid already given to the country, as well as the potential of humanitarian aid getting into the hands of Hamas terrorists. Sen. Bernie Sanders, I-Vt., also has reservations over the package due to the continued aid to Israel. He has previously criticized Israeli Prime Minister Benjamin Netanyahu and the high civilian death toll in Gaza.  

However, the opposition from these senators and others doesn’t appear to be widespread enough to threaten the bills’ passage.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Conservative group builds ‘America First’ coalition to fight ‘radical left’s extreme positions and agenda’
next post
Trump defends Johnson as Marjorie Taylor Greene pushes to oust speaker

Related Posts

Democrats demand increased fertility treatment access for LGBTQ...

August 19, 2023

Bob Menendez and Hunter Biden are facing similar...

March 13, 2024

Amid fentanyl crisis, Biden says Mexican president is...

June 17, 2023

France, Germany urge its citizens to depart Iran,...

April 15, 2024

UN calls on countries to resume UNRWA funding...

January 29, 2024

What a popular Republican governor in a key...

July 28, 2023

House GOP says Hunter Biden ‘violated federal law’...

January 9, 2024

Federal judge deals another blow to Minnesota copper-nickel...

September 8, 2023

GOP hardliners furious at Johnson for passing another...

March 1, 2024

Biden, Xi meeting will be forum for ‘intense...

November 13, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Tech Weekly: Stocks Rally After SCOTUS Ruling on Trump’s Tariffs

    • Top 5 Canadian Mining Stocks This Week: Belo Sun is Radiant with 109 Percent Gain

    • Gold and Silver Stocks Dominate TSX Venture 50 List

    • Tartisan Nickel Corp.

    • Nuvau Minerals Announces Amendment to Private Placement Terms

    Categories

    • Business (1,438)
    • Investing (3,537)
    • Politics (3,699)
    • Stocks (1,949)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2026 moneycontrolplace.com | All Rights Reserved