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

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

Become a member Support us just once

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…

News Feed

11:14 PM

Romania denies downing Russian drones over Ukraine.

Videos on social media that purport to show Romanian air defense units shooting down Russian attack drones above Ukraine are spreading a false narrative, Romania's Defense Ministry said in a statement on July 26.
Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
3:38 PM

Russian ex-deputy defense minister arrested on corruption charges.

In his previous position, former Russian Deputy Defense Minister Dmitry Bulgakov was in charge of the military's logistics chains during the full-scale invasion of Ukraine. His dismissal was widely seen as a response to the logistic failures that accompanied the early months of Russia's all-out war.
11:31 AM

Сeasefire would leave 25% of Ukraine under Russian control, ambassador says.

"Many countries have proposed the idea of a ceasefire, but no one thinks about what it means. Some 25% of Ukrainian territory would remain under Russian control, which means buying time for Russia to strengthen its capabilities and resume its attacks on Ukraine," Ambassador of Ukraine to Turkey Vasyl Bodnar said.
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.