• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy House overwhelmingly passes $26 billion aid to Israel, Gaza as tensions with Iran escalate
Economy

House overwhelmingly passes $26 billion aid to Israel, Gaza as tensions with Iran escalate

by April 21, 2024
by April 21, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

The House of Representatives showed overwhelming bipartisan support for a $26 billion foreign aid bill providing funding for Israel and humanitarian aid to Gaza.

The bill predictably polarized the most right and left-wing members of Congress; the former are furious over the $9 billion in aid aimed at the State Department for civilians in Gaza, while the latter are opposed to more lethal aid to Israel. 

The measure passed 366 to 58, and the chamber broke into applause after the bill passed.

In a win for the House GOP’s razor-thin majority, the bill also prohibits funding from going toward the United Nations Relief and Works Agency (UNRWA), a Palestinian refugee agency alleged to have ties to Hamas.

The bill’s passage is a resounding victory for Speaker Mike Johnson, R-La., as he navigates an exceptionally fractured political environment. It’s part of a wider set of bills, totaling roughly $95 billion in foreign aid, that Johnson put on the House floor Saturday. The slate of bills also included aid for Ukraine and the Indo-Pacific as well as a fourth bill containing various national security priorities.

The vote comes as tensions in the Middle East escalate dramatically, particularly between Israel and Iran as Israel fights a war on the Palestinian terror group Hamas. 

Israel carried out limited strikes against Iran on Friday in retaliation for a barrage of airstrikes Tehran fired on Israel, the first such direct attack from the Islamic fundamentalist government. No large-scale damage or casualties were reported in either incident.

The issue of Israel has also been a divisive one for Democrats, as a growing faction of left-wing lawmakers criticize Israel’s invasion in response to Hamas’ Oct. 7 attack. 

Republicans, for the most part, have been united in backing Israel and its conservative government led by Prime Minister Benjamin Netanyahu. Johnson has put two previous Israel funding bills on the House floor, one that offset the funding with cuts to the IRS, and one which provided the funding without any strings attached. Neither was taken up by the Senate.

This time, however, fiscal conservatives decried the lack of offsets and funding for Gaza.

‘I will always stand with our greatest ally in the Middle East, Israel. But I rise today to express my serious concerns with a very flawed supplemental. In November, I supported the first security supplemental for Israel, which was financially paid for and would have provided weapons and equipment for Israel’s fight against Hamas. The cost was offset by rescinding Democrats unprecedented expansion of the IRS. Today, we are considering a vastly different bill, one that is all borrowing another 26 billion of debt with no rescission,’ House Freedom Caucus member Rep. Andrew Clyde, R-Ga., said during debate on the bill.

‘The legislation also contains 400 million for FEMA, which has nothing to do with supporting Israel, and over $9 billion for humanitarian aid in…Gaza and the West Bank.’

Clyde cited a Heritage Foundation report that said Hamas and other terror groups controlled the flow of all international humanitarian aid operating in Gaza.

‘It is therefore highly likely U.S. taxpayer-funded humanitarian aid to Gaza, including some of the aid in this bill, will again be diverted to support further Hamas attacks against Israel,’ he said.

This post appeared first on FOX NEWS
You Might Also Like
  • Biden administration blasted for ‘hypocrisy’ on offshore wind as it scrambles to probe whale deaths
  • Vulnerable Dem senator credited with recruiting Harris to Senate still hasn’t endorsed her for president
  • House GOP heads for showdown after conservatives promise revenge for bipartisan spending deal
  • Biden admin warns migrants that entering illegally ‘will result in removal’ amid fears of post-Title 42 surge
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Iranian foreign minister dismisses Israeli strike as ‘toys,’ says there’ll be no retaliation
next post
Edward Snowden calls on Biden to veto FISA renewal after Senate vote

You may also like

Oregon bill would pay homeless people $1,000 a month

March 1, 2023

AUDUSD and AUDNZD: New Weekly Targets and Prices

October 14, 2024

Trump sets intense pace with campaign events as questions swirl...

August 26, 2024

Biden admin confirms China spy base efforts in Cuba, calls...

June 11, 2023

Speaker Johnson meets with OpenAI CEO, says Congress ‘needs to...

January 13, 2024

Tim Scott slams Trump, other GOP presidential candidates for being...

September 21, 2023

DeSantis calls out ‘biomedical security state,’ seeks to permanently ban...

January 18, 2023

RFK Jr running mate announcement may boost his presidential ballot...

March 26, 2024

Tim Moore reveals new North Carolina House committee leaders

January 17, 2023

Trump reacts to ‘abuse’ by DOJ: ‘This is what you...

July 28, 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

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025
    • The Unpredictable Stock Market: How to Make Sense of It

      May 8, 2025
    • AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

      May 7, 2025

    Popular Posts

    • 1

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

      June 27, 2024 2,632 views
    • 2

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

      August 9, 2024 2,339 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,320 views
    • 4

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

      July 10, 2024 2,303 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,186 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    Popular Posts

    • 1

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

      June 27, 2024
    • 2

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

      August 9, 2024
    • 3

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

      June 25, 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

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout,...

      May 8, 2025
    • Don’t Buy Robinhood Stock… Until You See This Chart Setup

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,066)
    • Investing (538)
    • Stock (2,530)

    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

    Dem-controlled Michigan Legislature approves $1B spending...

    January 28, 2023

    Blinken meets with Turkey’s Erdogan as...

    January 7, 2024

    New York Gov. Hochul silent as...

    June 14, 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