Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Ukraine aid bill inches forward in US Senate

Published 02/09/2024, 08:02 PM
Updated 02/10/2024, 05:58 PM
© Reuters. U.S. Sen. Edward Markey (D-MA) speaks during a press conference addressing a new policy that demands recipients of foreign military aid to follow international humanitarian law at the U.S. Capitol in Washington, U.S., February 9, 2024. REUTERS/Nathan Howa

By David Morgan

WASHINGTON (Reuters) - The U.S. Senate on Friday edged closer to passing a bill that includes $95.34 billion in aid for Ukraine, Israel and Taiwan, but faces an uncertain path to becoming law due to Republican opposition in both chambers of Congress.

The Senate voted 64-19 to advance the legislation one step along a chain of preliminary votes that could stretch into next week, unless party leaders can reach agreement with rank-and-file lawmakers to fast-track the bill. Lawmakers expect to take the next procedural step in a rare Sunday session.

In Friday's vote, the bill cleared a simple majority threshold with 14 Republicans supporting the measure.

Many Republicans want to make a deal with Senate Majority Leader Chuck Schumer, a Democrat, to allow amendments to the legislation in exchange for quicker action.

But other Republicans, who reject the bill's $61 billion in Ukraine aid, have vowed to delay consideration for as long as possible by forcing the Senate to comply with a labyrinth of time-consuming parliamentary rules.

Republicans had insisted that Ukraine aid be accompanied by provisions to secure the U.S.-Mexico border, only to reject a bipartisan border agreement once former President Donald Trump, the party's presidential frontrunner, came out against the deal.

Some of those same lawmakers now hope to offer their own amendments to stem the flow of migrants into the United States, while others want to forgo humanitarian assistance provisions and restrict foreign aid to weapons and materiel.

If the legislation ultimately passes the Senate, it will face an uncertain future in the Republican-controlled House of Representatives, where Speaker Mike Johnson has indicated he could split the aid into separate bills.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

"We'll see what the Senate does," Johnson told reporters this week. "I've made very clear that you have to address these issues on their own merits."

Johnson spoke a day after the House rejected a stand-alone aid bill for Israel.

Latest comments

US invaded and was involved in much more conflicts than Russia during the las decades, Ken. Thousands miles from its' homeland borders. Russia invaded a state which declared its' intention to join a military bloc Russia sees as hostile and risking its' national security. Cuba is being punished for much less by total 60 year blocade and multiple rebelion attempts initiated and supportad by the States. Polititians have to meet and discuss the World order so that it can answer the other nations concerns and balance mutual interests. The current G7 monopoly on true is challenged by BRICS and proofs itself as not sustainable anymore. A diffrent steady state should be reached not by blames and military pressure, but talks of the politicians.
The only thing that needs to happen is that Russia understands you cannot just invade another country and expect the world to accept this which is why we must help ukraine fight russia and ensure they leave ukraine and all the occupied territories.
Hundreds of Billions... What for? Ukraine could get this war ended long time ago. Let's admit we simply want to teach Russians lesson. Would be much clever if we both have learnt a positive one: nations have to cooperate instead of building coalitions for confrontation.
Imagine your county is attacked. Would your answer be to surrender? I doubt it.
This conflict hasn't vaporized out of thin air, Brad. Russia, Ukraine, US, EU, NATO - they all made bad decisions. It's not about a competition whose were more wrong. There are tectonic moves in politics and new economic coalitions are getting formed. Countries like Russia, China, India, African ones the West didn't count till now claim their national and economic interests to be taken seriously. To avoid WW3 - the whole World has to switch from confrontation to the cooperation mode.
EU 80 billion in financial aid to ukraine. US 25 Billion in financial aid to ukraine. Stop your wining MAGA nuts.
no new money will go to ukraine, all money will be used to restock US military with modern weapons built in US factories so that we can give old weapons to ukraine.
money spent on weapons from american factories.
Old adage ...liars figure & figures lie
John stop taking any more druge its not good for your sense of reality.
Sound slurred...
you mean like Trump's talking at his rallies...
Less than one year until Trump and republicans back in charge and can shut down this money laundering operation.
Thank goodness that there is less than a year left until Trump and republicans back in charge and can shut down this money laundering operation. Biden's approval is lower than any president in modern history.
Shut down thus aid bill. Put the US borders on a standalone bill. Force this issue.
Republicans already shot the border bill down because they want to campaign on the issue.
they already passed a bill that Schumer will not vote on
I doubt the gutless and spineless republican members of congress will help ukraine they all work for russia these days.
Ben that isn't what the Ukrainian soldiers are saying. Ben how long have you been working for the Russians.....
I see Joe is trying to rationalize Putin's dream of war and conquest.
Joe is a known Russian troll...
Markets at ath again... next week. War funds make companies rich
Coryns a traitor alo ngwith quite a few of tou.
Drunk?
Speak english
 Not again...you should quit
Tom & Roger two Putin trolls find a freedom of speech forum in your own russian town.
I thought we have freedom of speech in the USA...why go somewhere else Ken?
If we can't defend our own border, we should not spend another 100 billion to defend the Ukraine border. No more money.
War is making American companies rich though...
 Didn't the former President have a much better border enforcement policy?
 The Maxi pad has it wrong about payment....as Tom said..US taxpayers have paid over $100 billion dollars to defend corrupt Ukraine's border. American people are fed up with lies from Democrats & Dementia Joe,
They need to stop combining funding in the same bills and pork barreling.  Besides, why not just start enforcing the border, more funding is not even necessary.  Instead of using resources to process illegal immigrants, use it to stop them.
 so says the troll for Biden and Schumer. this week in congress proves, one thing Biden and the Soros left don't want, is agreements on border security.
Joe is a supporter of Putin's hate for Soros.. Soros was spreading the idea of a democratic Russia 25 years ago. and since Joe works for Russian intelligence, well you can see his problem.
Joe your gig is up the Republicans in Congress have already proven my point...
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.