Heritage Foundation: Total Proposed U.S. Aid to Ukraine to Cost $1,100 Per HouseholdSean Moran 15 Aug 2023
Richard Stern, the director of the Heritage Foundation’s budget center, told Breitbart News that the total proposed aid to Ukraine would cost $1,100 per household.
President Joe Biden’s latest request for $24 billion in additional aid to Ukraine has led many Americans to wonder how this large figure may impact them.
Stern explained to Breitbart News that the latest request would cost the average American household $200, or when combined with America’s current $113 billion in aid, would cost $1,070, or roughly $1,110 per household.
The Heritage budget expert explained that the long-term costs of the Ukraine aid will be much higher considering that America will have to borrow to pay for the aid.
Stern wrote, “All this aid is just piled onto the national credit card. Over the next 10 years, interest costs alone on this new debt will run at least $47 billion – more than $360 per household. For a total of $184 billion ($1,430+ per household)..but, the meter is still running.”
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https://www.breitbart.com/politics/2023/08/15/heritage-foundation-total-proposed-u-s-aid-to-ukraine-to-cost-1100-per-household/
