Skip to content
Edit post

White House: US to run out of money for Ukraine by end of year

by Elsa Court and The Kyiv Independent news desk December 4, 2023 2:06 PM 2 min read
Director of the U.S. Office of Management and Budget Shalanda Young speaks at the daily press briefing at the White House in Washington, D.C. on Sept. 29, 2023 (Kevin Dietsch/Getty Images)
This audio is created with AI assistance

The U.S. is set to run out of funds to support Ukraine in the coming weeks if Congress does not take action, White House Budget Office Director Shalanda Young informed congressional leaders in a letter on Dec. 4.

Concerns for the continuation of U.S. support to Ukraine have grown after months of infighting in Congress over government spending, including military aid for Ukraine.

"There is no magical pot of funding available," Young warned. "We are out of money—and nearly out of time."

Of the $111 billion so far approved by Congress to support Ukraine, the Defense Department has used 97% of its $62.3 billion budget for Ukraine, according to the White House.  

The State Department has used 100% of the $4.7 billion it received to spend on military aid for Ukraine.

‘We can’t allow Putin to prevail,’ says Speaker Johnson after being elected, but his track record says opposite
Representative Mike Johnson, elected speaker of the U.S. House of Representatives on Oct. 25, has been deemed bad news for Ukraine. Johnson regularly voted against aid for Ukraine and was backed by the Ukraine-skeptic hard-right in his bid for speakership after the weeks-long scramble to replace th…

The State Department, together with USAID, has used 100% of the $27.2 billion earmarked for economic and civilian security assistance, which includes programs like humanitarian demining.

These programs are "just as essential to Ukraine’s survival as military assistance," Young said.

"Helping Ukraine defend itself and secure its future as a sovereign, democratic, independent, and prosperous nation advances our national security interests."

The U.S. is now "out of money to support Ukraine in this fight," Young said, and the support Ukraine receives from the U.S. "cannot be replicated by others."

Republicans in the Senate threatened to block the aid in early November unless there were security resolutions on the southern border of the U.S., leading to a standoff with Democrats.

Though U.S. President Joe Biden signed a temporary spending bill into law on Nov. 16, averting the impending government shutdown, the issue of continued aid for Ukraine was unaddressed.

Despite Republican hesitance on Ukraine aid, red states reap economic benefits
Amid signs of a growing reluctance among U.S. Republicans to continue aid for Ukraine, proponents have been trying a new narrative – highlighting that a considerable amount of the money the U.S. spends actually goes toward the domestic defense industry, funneling jobs and investments back to the U.S…
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

2:42 AM

US philanthropist pledges $300 million for Ukraine in 2024.

The Howard G. Buffett Foundation has already donated over $500 million in humanitarian assistance to Ukraine since the start of Russia's full-scale invasion. The combined funds exceed the humanitarian aid contributions of the United Kingdom, the Netherlands, and Canada.
Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
9:13 PM

UK will boost humanitarian aid to Ukraine by over $10 million.

"Ukrainians are bravely defending their land against Russia’s brutal invasion, but the past two years of war have had a tragic impact on millions of people across Ukraine. Families have been separated, towns and villages decimated, and vital civilian infrastructure destroyed," said U.K. Foreign Secretary David Cameron in a written statement.
2:30 PM

Russia's Supreme Court head dies in Moscow.

Vyacheslav Lebedev, who was chairman of Russia's Supreme Court since December 1991, died in Moscow on Feb. 23. Russia's judiciary has long been controlled by the Kremlin, with the country's parliament rubber stamping a heap of oppressive legislation, while courts handing out politically motivated sentences.
2:22 PM

Former UK Prime Minister Boris Johnson arrives in Kyiv.

"With their indomitable courage I have no doubt that the Ukrainians will win and expel Putin’s forces – provided we give them the military, political and economic help that they need," Johnson wrote on X, formerly known as Twitter.
1:44 PM

Zelensky: 'We are 730 days closer to victory'.

"Any normal person wants the war to end. But none of us will allow our Ukraine to end," President Volodymyr Zelensky said in a video marking the two-year anniversary of Russia's full-scale invasion of Ukraine on Feb. 24.
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
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.