A look at what's in the $95 billion foreign aid package passed by Congress

1 week ago 8

A look astatine what's successful the $95 cardinal bundle passed by the Senate connected Tuesday that volition supply subject assistance to Ukraine and Israel, replenish U.S. weapons systems and springiness humanitarian assistance to civilians successful Gaza.

President Joe Biden has promised to motion the bundle Wednesday.

The wide spending breakdown:

— About $61 cardinal for Ukraine and replenishing U.S. weapons stockpiles. The wide magnitude provided to Ukraine for the acquisition of weapons would beryllium $13.8 billion. Ukraine would person much than $9 cardinal of economical assistance successful the signifier of “forgivable loans.”

— About $26 cardinal for supporting Israel and providing humanitarian alleviation for radical successful Gaza. About $4 cardinal of that would beryllium dedicated to replenishing Israel’s rocket defence systems. More than $9 cardinal of the full would spell toward humanitarian assistance successful Gaza amid the Israel-Hamas war.

— About $8 cardinal for helping U.S. allies successful the Indo-Pacific portion and countering China. More than $3.3 cardinal would spell toward submarine infrastructure and development, with an further $1.9 cardinal to replenish U.S. weapons provided to Taiwan and different determination allies.

Read Entire Article