• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Senate advances $95B Ukraine and Israel aid package, setting stage for expedited vote
Economy

Senate advances $95B Ukraine and Israel aid package, setting stage for expedited vote

by April 24, 2024
by April 24, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

The Senate successfully advanced a $95 billion foreign aid package, which includes assistance for both Israel and Ukraine, on Tuesday by passing a motion to invoke cloture and end debate on the measures early. 

The upper chamber cleared the procedural hurdle by a vote of 81 to 19 after the House passed the bills on Saturday, and Majority Leader Chuck Schumer, D-N.Y., promised to move quickly to get the package across the finish line. 

Included in the package of bills is aid for Ukraine, Israel and Taiwan, as well as a measure requiring TikTok to divest from Chinese-owned ByteDance, and the REPO Act, which would allow $5 billion in Russian assets held in U.S. banks to be transferred to Ukraine.

Schumer pleaded with fellow senators in remarks on the Senate floor ahead of the vote, telling them, ‘Let us not delay this. Let us not prolong this. Let us not keep our friends around the world waiting for a moment longer.’

‘Today, the Senate faces a test,’ Senate Minority Leader Mitch McConnell, R-Ky., said in his own floor remarks prior to the vote. ‘And we must not fail it.’

He further called passage of the supplemental foreign aid bills ‘overdue.’ President Biden first made his request for additional aid to U.S. allies in October 2023. 

The Senate initially passed a foreign aid package to Ukraine, Israel, and Taiwan in February, but House Speaker Mike Johnson, R-La., did not move quickly to bring the measure to the House floor for a vote. And when Johnson ultimately brought aid for a vote in the lower chamber, it was a different version, prompting the bills to be sent back to the Senate before they can head to Biden for a signature. 

The initial package had passed the Senate with overwhelming support, by a vote of 70 to 29. 

The package faces some pushback from senators on both sides of the aisle. Sen. Mike Lee, R-Utah, for example, is against the continued aid to Ukraine, citing the amount of aid already given to the country, as well as the potential of humanitarian aid getting into the hands of Hamas terrorists. Sen. Bernie Sanders, I-Vt., also has reservations over the package due to the continued aid to Israel. He has previously criticized Israeli Prime Minister Benjamin Netanyahu and the high civilian death toll in Gaza.  

However, the opposition from these senators and others doesn’t appear to be widespread enough to threaten the bills’ passage.

This post appeared first on FOX NEWS
You Might Also Like
  • Democratic darlings Schiff and Porter kick off an ugly, expensive fight for California’s Senate seat
  • NYC Mayor Adams receives praise from unlikely GOP ally for comments on migrant crisis
  • Former Obama official defends keeping Biden on ticket: ‘Presidency is more than just one man’
  • Democrats fail to shield Rashida Tlaib from House censure vote over her anti-Israel remarks
Share
0
FacebookTwitterPinterestWhatsapp

previous post
NY House Republicans demand Columbia University president step down over anti-Israel ‘chaos’
next post
State Department contradicts claim of ‘same standard’ for Israeli, Hamas conduct

You may also like

Trump-Manhattan DA: Grand jury wraps Monday proceedings with no vote...

March 28, 2023

GOP senator snaps at union boss during heated hearing: ‘Shut...

March 9, 2023

Biden to draw health care contrast with GOP in Virginia

February 25, 2023

3 US service members injured on Gaza humanitarian aid mission,...

May 24, 2024

Pride month: Local governments host Drag Queen Story Hour events...

June 2, 2023

Reddit Stock: Company Reports First-Ever Profit of $29.9M

October 30, 2024

New Hampshire Senate rejects bill easing abortion penalties

April 14, 2023

Far-right Israeli ministers’ remarks on future of Gaza draw rebuke...

January 4, 2024

Who is the real Kamala Harris? America has so many...

August 1, 2024

Rubio introduces bill to crack down on ‘malign foreign influence’...

December 8, 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

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025
    • U.S. foreign tax bill sends jitters across Wall Street

      May 30, 2025

    Popular Posts

    • 1

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

      June 27, 2024 2,766 views
    • 2

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

      August 9, 2024 2,472 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,451 views
    • 4

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

      July 10, 2024 2,433 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,310 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    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

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past...

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right...

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    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

    Alex Murdaugh claims he learned about...

    September 22, 2023

    Centrist group No Labels scraps bid...

    April 5, 2024

    Ohio abortion measure would end parental...

    March 16, 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