Economic news

US Senate defeats effort to limit US aid to Ukraine

2023.07.20 17:27


© Reuters. The dome of the U.S. Capitol is seen in Washington, U.S., April 17, 2023. REUTERS/Amanda Andrade-Rhoades/File Photo

By Patricia Zengerle

WASHINGTON (Reuters) – The U.S. Senate voted overwhelmingly on Thursday against an effort to tie military aid to Ukraine to NATO members’ defense spending, despite 13 Republicans backing the bid from Republican Senator Mike Lee to restrict U.S. aid to Ukraine.

The 100-member Senate opposed the amendment to the National Defense Authorization Act, or NDAA, by 71 to 13.

The amendment would have required that only 2% of the funds made available for Ukraine by the Department of Defense during fiscal 2024 be obligated or expended until every member of the NATO alliance spends at least 2% of their gross domestic product on defense.

The United States has sent more than $40 billion in military aid to Ukraine since Russia invaded in February 2022, including $1.3 billion President Joe Biden’s administration announced on Wednesday.

The assistance to Ukraine receives broad bipartisan support in the U.S. Congress, which has control of government spending. But a small group of Republicans – many with close ties to former president and current presidential candidate Donald Trump – has questioned that aid.

Republicans in the House of Representatives offered amendments to cut Ukraine aid when the Republican-led chamber considered its version of the NDAA last week. Those amendments were also defeated.

As he campaigned to be the Republican presidential nominee in 2024, Trump said he would ask Europe to reimburse the United States for the cost of restoring stockpiles of weapons that have been sent to Ukraine. He had said previously he would withdraw the United States from NATO if all 31 members do not spend 2% of their GDP on defense.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 97,389.09 0.95%
ethereum
Ethereum (ETH) $ 3,328.52 3.13%
tether
Tether (USDT) $ 1.00 0.09%
solana
Solana (SOL) $ 248.84 3.91%
bnb
BNB (BNB) $ 652.71 1.38%
xrp
XRP (XRP) $ 1.37 7.07%
dogecoin
Dogecoin (DOGE) $ 0.416898 6.84%
usd-coin
USDC (USDC) $ 1.00 0.11%
cardano
Cardano (ADA) $ 0.986704 8.26%
staked-ether
Lido Staked Ether (STETH) $ 3,327.16 3.15%
tron
TRON (TRX) $ 0.206964 3.50%
avalanche-2
Avalanche (AVAX) $ 40.81 3.97%
the-open-network
Toncoin (TON) $ 6.03 6.98%
stellar
Stellar (XLM) $ 0.505864 0.50%
shiba-inu
Shiba Inu (SHIB) $ 0.000025 8.36%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,946.38 2.82%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 97,218.05 0.92%
polkadot
Polkadot (DOT) $ 8.55 10.06%
chainlink
Chainlink (LINK) $ 17.49 2.62%
bitcoin-cash
Bitcoin Cash (BCH) $ 502.40 2.97%
weth
WETH (WETH) $ 3,329.76 3.09%
sui
Sui (SUI) $ 3.31 7.16%
near
NEAR Protocol (NEAR) $ 6.95 6.84%
pepe
Pepe (PEPE) $ 0.00002 6.61%
leo-token
LEO Token (LEO) $ 8.63 0.25%
litecoin
Litecoin (LTC) $ 94.91 5.97%
uniswap
Uniswap (UNI) $ 10.66 2.62%
aptos
Aptos (APT) $ 12.00 9.57%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,504.26 3.14%
hedera-hashgraph
Hedera (HBAR) $ 0.139653 8.93%
internet-computer
Internet Computer (ICP) $ 11.22 4.00%
usds
USDS (USDS) $ 1.00 0.08%
crypto-com-chain
Cronos (CRO) $ 0.18445 7.93%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.548322 6.83%
ethereum-classic
Ethereum Classic (ETC) $ 28.05 6.86%
render-token
Render (RENDER) $ 7.88 1.39%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.52 1.64%
bittensor
Bittensor (TAO) $ 527.14 1.84%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.11%
kaspa
Kaspa (KAS) $ 0.14927 4.71%
whitebit
WhiteBIT Coin (WBT) $ 24.41 1.54%
dai
Dai (DAI) $ 1.00 0.13%
vechain
VeChain (VET) $ 0.04264 2.06%
bonk
Bonk (BONK) $ 0.000046 6.34%
arbitrum
Arbitrum (ARB) $ 0.832504 5.89%
blockstack
Stacks (STX) $ 2.19 2.86%
filecoin
Filecoin (FIL) $ 5.44 2.08%
celestia
Celestia (TIA) $ 7.58 2.97%
cosmos
Cosmos Hub (ATOM) $ 8.33 5.75%
mantra-dao
MANTRA (OM) $ 3.55 3.72%