A look at what’s in the $95 billion package passed by the House on Saturday that will provide military aid to Ukraine and Israel, replenish U.S. weapons systems and give humanitarian assistance to civilians in Gaza.
Senate passage is expected this coming week. President Joe Biden has promised to sign the package as soon as he gets it.
The broad spending breakdown:
—about $61 billion for Ukraine and replenishing U.S. weapons stockpiles. The overall amount provided to Ukraine for the purchase of weapons would be $13.8 billion. Ukraine would receive more than $9 billion of economic assistance in the form of “forgivable loans.”
—about $26 billion for supporting Israel and providing humanitarian relief for people in Gaza. About $4 billion of that would be dedicated to replenishing Israel’s missile defense systems. More than $9 billion of the total would go toward humanitarian assistance in Gaza amid the Israel-Hamas war.
—about $8 billion for helping U.S. allies in the Indo-Pacific region and countering China. More than $3.3 billion would go toward submarine infrastructure and development, with an additional $1.9 billion to replenish U.S. weapons provided to Taiwan and other regional allies.
Related articles:
Related suggestion:
Women's Wellness, Beauty Market Glowing BrightlyNational Youth Space Innovation Competition Held in South ChinaDigital Audiovisual Art Fuels China's Culture, Tourism ConsumptionTorch Relay of 19th Asian Games Continues in JinhuaChina Announces Team for Hangzhou Asian GamesTorch Relay of 19th Asian Games Continues in Quzhou, E ChinaMore Measures Called for to Boost BirthsXinhua Headlines: China Speeds up PostNinth Nishan Forum on World Civilizations Held in Qufu, E ChinaChina Celebrates National Day with Jubilation and Hope
2.7767s , 6500.015625 kb
Copyright © 2024 Powered by What's in the $95 billion foreign ,Stellar Stories news portal