5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Biden mulls $60B for Ukraine, $10B for Israel in funding request – source

by
October 19, 2023
in Stock
0
Biden mulls $60B for Ukraine, $10B for Israel in funding request – source













US President Joseph R. Biden and Ukraine’s President Volodymyr Zelensky visit Saint Michael’s cathedral in Kyiv, Ukraine Feb. 20, 2023. — REUTERS

WASHINGTON – US President Joe Biden’s administration is considering $60 billion in assistance for Ukraine and $10 billion for Israel in a supplemental spending request he will send to Congress as soon as Friday, a source familiar with the matter told Reuters on Wednesday.

Mr. Biden has been widely expected to ask Congress to pass a supplemental spending bill quickly, as Washington responds to the deadly Oct. 7 attack on Israel by Hamas militants while looking to continue to support Ukraine as it grapples with a Russian invasion.

Multiple sources familiar with the request told Reuters on Tuesday that Biden was considering a supplemental request of about $100 billion that would include defense aid for Israel, Ukraine and Taiwan, as well as funding for efforts to beef up security on the US border with Mexico.

Senator Jim Risch, the top Republican on the Senate Foreign Relations Committee, said he was not aware of the $100 billion figure, except from news reports.

He told a news conference he had heard that the administration was considering $10 billion for Israel.

Administration officials did not immediately respond to a request for comment.

Several sources said on Wednesday that Biden has not settled on a final figure, and the breakdown has not been communicated to Congress.

Under US law, Congress, not the executive branch, controls spending. – Reuters

Jino Nicolas

RELATED ARTICLESMORE FROM AUTHOR



MORE STORIES


Previous Post

Philippines committed to start operating sovereign wealth fund this year — Marcos

Next Post

Israel’s endgame? No sign of post-war plan for Gaza

Next Post
Israel’s endgame? No sign of post-war plan for Gaza

Israel’s endgame? No sign of post-war plan for Gaza

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Fear of return-to-office mandates harming employee wellbeing, survey finds

    Fear of return-to-office mandates harming employee wellbeing, survey finds

    July 15, 2025
    New EV discount scheme offers up to £3,750 off electric cars under £37,000

    New EV discount scheme offers up to £3,750 off electric cars under £37,000

    July 15, 2025
    Trump’s tariff threat would ‘cripple’ transatlantic trade, says EU negotiator as Brussels readies €72bn retaliation

    Trump’s tariff threat would ‘cripple’ transatlantic trade, says EU negotiator as Brussels readies €72bn retaliation

    July 15, 2025
    We made our ‘Selection’ — and it’s everything our shopping dreams are made of

    We made our ‘Selection’ — and it’s everything our shopping dreams are made of

    July 15, 2025

    Disclaimer: 5GInvestmentNews.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.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.