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
Cleantech Market Update: Q1 2024 in Review
next post
There cannot be a unilateral move at the UN to establish a Palestinian terror state

Related Posts

White House gives seal of approval to House...

November 15, 2023

Trump praises GOP challenger, says there could be...

July 17, 2023

Amal Clooney played key role in ICC arrest...

May 21, 2024

Hunter Biden’s gun charges come after years of...

September 15, 2023

JD Vance slams NY v. Trump trial as...

May 13, 2024

Bernie Sanders leads lawmakers demanding DOJ prosecute fossil...

August 1, 2023

Special Counsel Jack Smith to use data from...

December 13, 2023

Britain could recognize independent Palestinian state before one...

February 3, 2024

Judge in Trump classified docs case grants Jack...

April 11, 2024

UN agencies demand humanitarian cease-fire in Gaza as...

November 7, 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

    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

    • Blue Lagoon’s Dome Mountain Joins BC’s Select List of Permitted Projects

    • Harmony Gold to Acquire MAC Copper in US$1.03 Billion Deal

    • NorthStar Gaming Announces Results of Annual Meeting and Grant of Equity Incentive Awards

    • Allied Critical Metals Commences 5,000 Metre Drill Program at its Borralha Tungsten Project

    • SOURCE ROCK ROYALTIES ANNOUNCES FIRST QUARTER 2025 RESULTS

    Categories

    • Business (1,223)
    • Investing (2,509)
    • Politics (3,699)
    • Stocks (1,617)
    • 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 © 2025 moneycontrolplace.com | All Rights Reserved