Treasury Secretary Announces $10 Billion More in Ukraine Aid

President Joseph Biden unexpectedly paid a visit to Ukraine on February 20 and offered the independent country another almost $500 million in military help. The potential gift was a supplement to the money that had previously been provided to Ukraine.

The US has set aside nearly $80 billion, and more than $46 billion of that amount has already been distributed as help. The Biden administration has recently announced more travel abroad.

On February 26, Janet Yellen, the Treasury Secretary, said that the United States will soon give an additional $10 billion to Ukraine. The revelation was purportedly made by her during the Bengaluru, India-based G-20 finance meeting.

Yellen forcefully condemned the conflict in Ukraine, calling it “illegal and unjustified,” and said those at the G-20 summit who continue to back the Kremlin are “complicit in Putin’s atrocities,” during the meeting.

Yet, not everyone appreciates the help. A January NBC News poll found that 47% of respondents thought Congress should cease giving Ukraine money, while 49% said it should continue.

Rep. Tom Tiffany (R-WI) recently retweeted a video of Biden detailing how part of the aid previously provided will be used to pay some Ukrainians’ pensions.

The Wisconsin representative emphasized that although Social Security in the US is on the verge of collapse, the Biden Administration is eager to provide pension payments to citizens of other countries.

The $1.7 trillion omnibus package for the government’s fiscal year was enacted by the Democratic-controlled House and Senate before power of Congress shifted after the November 2022 midterm elections.

Among other things, the package includes funding for the Ukraine, disaster assistance, congressional security, and military. The spending package infuriated a lot of Republican voters.

Representatives Chip Roy (R-TX) and Kevin McCarthy (R-CA), the current speaker of the House, both referred to the plan as a “monstrosity,” with the government “spending money” that it does not have.




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