House GOP leaders consider changing some Ukraine war funding to loans: congressional source
A final decision on the way forward for providing additional foreign aid to Ukraine, Israel and Taiwan has not yet been decided, the source says and a Republican congressman is planning to soon circulate a discharge petition
By Nicholas Ballasy
Updated: February 29, 2024 11:48pm
House Republicans are considering lending the Ukrainian government funding for the country's war against Russia rather than providing $61 billion under the Senate-passed foreign aid bill, Just the News has learned.
According to a Council on Foreign Relations analysis, the U.S. government has spent $75 billion on the war in Ukraine.
Following a White House meeting on Tuesday, President Biden and Senate Majority Leader Chuck Schumer have stepped up pressure on House Speaker Mike Johnson to put the Senate bill – which totals $95 billion for Ukraine, Israel, Taiwan, and humanitarian efforts in Gaza – on the floor for a vote. The foreign aid package does not include provisions to cover the cost of the legislation.
Johnson and House Republican leaders are considering multiple options for the next step, including providing some Ukraine war funding in cash and lending the rest, according a GOP congressional source close to the process.
A final decision on the way forward on foreign aid has not yet been decided, the source said.
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https://justthenews.com/government/congress/house-gop-leaders-considering-lending-ukraine-funding-war-against-russia
