• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Trump’s loan proposal for Ukraine aid may be common ground for comprehensive foreign aid package
Economy

Trump’s loan proposal for Ukraine aid may be common ground for comprehensive foreign aid package

by April 16, 2024
by April 16, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Former President Trump’s plan for Ukraine aid to be granted as a loan could be the determining factor that pushes a supplemental aid package across the finish line in Congress.

Several congressional aides on both sides of the aisle noted potential support for Trump’s idea for assistance to the country – which is in an ongoing war with Russia – in the form of a zero-interest loan with an unlimited lifespan. The likelihood of support for such a measure is especially high if it is determined to be the only way to pass an aid package to Ukraine and Israel.

In the wake of a massive Iranian drone attack on Israel over the weekend, a renewed sense of urgency was placed on lobbying attempts for aid in Congress, which were already underway.

The Senate passed a $95.3 billion foreign aid package that included Ukraine, Israel and Taiwan in February. Despite passing the upper chamber, it managed to split the Republican conference, several of whom had been critical of continued aid to Ukraine. A number of Republican senators were also unhappy that the package didn’t address the southern border crisis.

House Speaker Mike Johnson, R-La., has yet to bring the supplemental package to the House floor for a vote, despite many House Republicans having urged him to do so. The package would likely pass, but with significant Republican opposition.

With a path forward on foreign aid still unclear, House Republican leaders are set to meet Monday evening to discuss potential ways to address both Israel and Ukraine.

According to several Democrat congressional aides, the attack on Iran isn’t likely to make Senate Democrats more amenable to a standalone bill for Israel. This is partially because Ukraine aid would have more difficulty passing without being tied to Israel. One Democrat aide even suggested that standalone Israel aid would face trouble passing without the allotment for Ukraine.

What the attack on Israel at the hands of Iran is more likely to prompt from Democrats is an even harder push for the House to take up the Senate-passed supplemental bill, per one congressional aide.

While Senate Democrats still prefer the supplemental bill and believe it is the fastest way to get aid to Israel, they aren’t completely opposed to other ways of obtaining it.

Two aides told Fox News Digital that numerous Senate Democrats are open to advancing a package that combines aid for Ukraine and Israel, with the provision that assistance to Ukraine is extended as a loan, aligning with Trump’s proposal.

This is especially true if it presents a faster opportunity to get aid to both countries. 

Republicans are similarly interested in the idea of the aid as a loan, per two GOP aides.

A Senate Republican aide indicated that the appetite for the supplemental package, which was passed but severely divided Republicans, likely remains the same. Instead, the recent attack on Israel renewed the desire to pass Israel aid apart from Ukraine and Taiwan, which Democrats have largely rejected.

This post appeared first on FOX NEWS
You Might Also Like
  • Nominal Durable-Goods Orders Posted a Strong, Broad-based Gain in October
  • DC councilman calls for ‘increased police presence’ after touting ‘biggest reduction to MPD we’ve ever seen’
  • Ditching the crystal ball on a potential government shutdown
  • Non-binary ex-Biden official Sam Brinton arrested for yet another baggage theft
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Biden silent after being pressed about Iranian strike against Israel: ‘What now?’
next post
Iran’s failed attack on Israel ‘is pretty telling’ about Tehran’s capabilities, DOD says

You may also like

Asa Hutchinson shares support for Nikki Haley ahead of New...

January 21, 2024

Biden to nominate Air Force Gen. CQ Brown Jr as...

May 25, 2023

New Hampshire showdown: Why Trump is connecting with voters and...

January 23, 2024

Graham calls on Biden to declare Russia a sponsor of...

February 20, 2023

Biden touts 82-year-old age in 2024 as a benefit: ‘I...

May 7, 2023

‘Progressively Worse’: Kamala Harris, Joe Biden, ‘The Squad’ — they’re...

July 30, 2024

2024 showdown: Trump, DeSantis battle for votes in the crucial...

May 31, 2023

Rachel Levine urges parents to ‘speak up,’ defend vaccines at...

August 6, 2023

Stampede, gunfire at Gaza humanitarian aid delivery kills over 100,...

March 1, 2024

Black conservatives rally around Kari Lake for refusing to stand...

February 16, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

      June 20, 2025
    • RRG Alert Tech Vaults to ‘Leading’—Is XLK Signaling a New Rally?

      June 20, 2025
    • Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

      June 20, 2025
    • Nike pushes back Skims launch with Kim Kardashian due to production delays

      June 19, 2025
    • The Fed Is Getting It Wrong AGAIN As They Hold Rates Steady

      June 19, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,599 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,874 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,578 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,541 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,417 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,142)
    • Investing (538)
    • Stock (2,621)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Oil prices rise more than 1% as Israel vows to...

      June 20, 2025
    • RRG Alert Tech Vaults to ‘Leading’—Is XLK Signaling a New...

      June 20, 2025
    • Apple looking to make ‘premium’-priced folding iPhones starting next year,...

      June 20, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,142)
    • Investing (538)
    • Stock (2,621)

    Disclaimer: RoundTableThoughts.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.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Ashley Biden pays off thousands owed...

    February 20, 2024

    Biden speaks at White House Pride...

    June 11, 2023

    Pelosi claims she has ‘respect for...

    July 24, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here