4/29/22 - President Biden Asks For More Aid Funding

Friday, April 29, 2022 at 8:18 AM

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President Biden wants another $33 Billion in aid for Ukraine.

- President Joe Biden is requesting that Congress approve another package of funding that would include military, economic and humanitarian aid for Ukraine.

President Joe Biden called on Congress on Thursday to approve $33 billion in additional aid for Ukraine.

He said American weapons and humanitarian assistance are helping to beat back Russian invaders.

“The cost of this fight is not cheap,” he said in a statement made at the White House, addressing domestic concerns about the expense. “But caving to aggression is going to be more costly if we allow it to happen.” “We either back the Ukrainian people as they defend their country or we stand by as the Russians continue their atrocities and aggression in Ukraine,” he added.

While Pres. Biden’s letter to Congress endorsed tying the Ukraine aid to a separate $22.5 billion pandemic response package, he told reporters he did not really care whether the two measures were linked or passed separately as long as both were approved.

The president also said he is sending lawmakers a legislative plan to make it easier to seize the assets of Russian oligarchs tied to President Vladimir Putin and direct some of those resources to the Ukrainians.

The House passed a mostly symbolic bill Wednesday urging Biden to liquidate assets worth more than $5 million belonging to those targeted by U.S. sanctions and send the proceeds to Ukraine.

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