Skip to content
Edit post

Bloomberg: Biden considers tapping into US Army funds for temporary Ukraine aid

by Sonya Bandouil March 7, 2024 1:50 AM 2 min read
U.S. President Joe Biden gives a speech in the State Dining Room of the White House on Feb. 13, 2024 in Washington, DC. (Anna Moneymaker/Getty Images)
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once

The Biden administration is attempting to tap $200 million from US Army funding to provide immediate assistance to Ukraine while more significant aid remains held up in Congress, Bloomberg reported March 6.

The temporary funds could be used to assist the Ukrainian military with replenishing critical supplies and weapons that are rapidly running out.

Drawing on the Pentagon reserves would free up about $200 million in military aid to Ukraine. A source familiar with the matter told Bloomberg that a final decision has not been made as to the army funds.

U.S. aid to Ukraine has been delayed since autumn 2023, as various versions of a foreign aid bill have been derailed due to border security disagreements. Most recently, a $95 billion aid package to Ukraine, Israel, and Taiwan passed in the Senate with bipartisan support, but House Speaker Mike Johnson has refused to bring it to a vote in the House of Representatives.

Johnson is reportedly allowing Republicans who support Ukrainian aid to work on an alternative bill, which is expected to be complete by late March or early April.

Equipment and weapons shortages have led to recent Russian territorial advances, including the capturing of Avdiivka — a key city near occupied Donetsk — where heavy fighting took place for many months.

The EU Council recently approved a funding package of 50 billion euros ($54 billion) in loans and grants for Ukraine.

Ukrainian soldiers near Kupiansk prepare for potential Russian offensive
Editor’s note: The Kyiv Independent is not disclosing the full names of soldiers due to what they cited as security concerns and their unit’s protocol amid the war in Ukraine. KHARKIV OBLAST — As Russia rolls past now-occupied Avdiivka further west, other parts of the front have seen quieter days.…
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.