Author Topic: GOP lawmakers act as Biden admin plans to let Ukraine off the hook for massive debt to Americans  (Read 690 times)

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Online mystery-ak

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Biden administration informs Congress it will forgive $5B in economic loans to Ukraine
Congress passed a funding package that earmarked $60 billion for Ukraine in April
By Morgan Phillips Fox News
Published November 21, 2024 2:52pm EST

The Biden administration told Congress it plans to cancel $4.65 billion in debt owed by Ukraine, approximately half of an economic loan offered earlier this year.

State Department spokesperson Matthew Miller confirmed the plans in a briefing on Wednesday. "So we have taken the step that was outlined in the law to cancel those loans, provide that economic assistance to Ukraine," he said.

In April, Congress passed a supplemental funding package that earmarked $60 billion worth of aid for Ukraine, including $9 billion structured as a loan, with a provision that allowed the administration to forgive it, according to Miller.

Miller added that Congress could pass a resolution of disapproval to overturn the cancellation. Rep. Thomas Massie, R-Ky., introduced such a resolution on Wednesday night. Sen. Rand Paul, R-Ky., immediately said he would introduce a resolution to block the measure.

Such a resolution is unlikely to pass a Democratic-controlled Senate, and President Joe Biden could veto it. The supplemental funding package gave the administration the power to forgive 50% of the loan, and the remaining 50% could be forgiven after January 2026.

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https://www.foxnews.com/politics/biden-admin-informs-congress-forgive-5b-economic-loans-ukraine
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Online Weird Tolkienish Figure

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IMO this is a bad look for Republicans.

Offline Hoodat

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It's their stupidity that's a bad look.
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Online DefiantMassRINO

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The Ukranians are paying with blood, which is more than the damn Afghans and Iraqis ever gave in return for liberating and rebuilding their $h!thole countries.
“One Christmas I got a box of broken glass and my brother got a box of band-aids. My dad said 'now you two share.'.” - Steven Wright

"Good resolutions are simply checks that men draw on a bank where they have no account." - Oscar Wilde

Online Weird Tolkienish Figure

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The Ukranians are paying with blood, which is more than the damn Afghans and Iraqis ever gave in return for liberating and rebuilding their $h!thole countries.

This is... disappointing to me, for someone who basically has hardly ever cared about foreign politics.

Online DefiantMassRINO

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America should have left Afghanistan after Osama bin Laden was killed (in Pakistan).

Paul Bremer screwed up the Occupation in Iraq.

America should not be putting building other nations ahead of building America.

America should not build nations for people who are not willing to put in their own sweat equity. 

We trained the Afghan Army for years, left them Billions of dollars of weapons, and the folded like a beach chair.  The Afghans had no interest in fighting the Taliban and preserving the Government in Kabul.

America invaded Iraq to seize weapons of mass destruction that did not exist.  We took out Sadam Hussein and his Baathist regime, only to create an Iraq divided into three spheres of influence - Shi'ite influenced by Iran, Wahhabi Sunni influenced by Saudis, and the Western-friendly Kurds.

During the Cold War, America backfilled areas being abandoned by a collapsing British Empire to keep them out of Soviet hands.

The British and the British Raj were never ever able to subdue Afghanistan.  Why did Bush '43 and Obama think they could?

After World War I, Iraq, Jordan, and Palestine were carved out of a collapsing Ottoman Empire by the British using imaginary lines agreed to in the Sykes Picot agreement.  We no longer need their oil.  We do not need to be drawn in to the Middle East's ethnic and religious strife to protect Europe's, India's, and Asia's oil supply.

American involvement in the Middle East is bleeding American lives, treasury, diplomatic capital by a thousand cuts.  Is it worth all this to protect former British and French colonial Mandates and Protectorates?

What is the National Interest of the American People that the American military is protecting in the Middle East?  The American military is being used as a mercenary force to protect other nations' interests in the Middle East.

American diplomatic and economic capital would provide a better return for the American People if was deployed in America first, then Latin America, and Africa after that.

European elites think of a Americans as backwater hick country cousins.  Europe can't maintain peace on its own continent without American help.  The British, French, Germans, and Russians are too busy playing games of European Continental Influence against each other.

Why did NATO let German become overly dependent on Russian natural gas?  The Soviet Union was the aggressor NATO was formed to counter-balance.  Putin was going to use energy as leverage to impose Russian Influence upon Europe.

America was the Arsenal of Democracy for World Wars I & II because of its resources and industrial base.  The Chi-coms knew this, and they use Globalism to shrink that industrial base to make America a weaker nation.

Western leaders are asleep at the switch because they are distracted by all this Globalism and Global Climate Change nonsense, which mainly benefits Russia and China because it weakens the West.

Maybe one day I'll care about foreign politics, maybe.  What's the over-under on how many Governments the Italian Parliament will dissolve and form before the New Year?

Quote from: Weird Tolkienish Figure link=topic=547061.msg3106180#msg3106180
date=1732254958
This is... disappointing to me, for someone who basically has hardly ever cared about foreign politics.
« Last Edit: November 22, 2024, 07:32:13 pm by DefiantMassRINO »
“One Christmas I got a box of broken glass and my brother got a box of band-aids. My dad said 'now you two share.'.” - Steven Wright

"Good resolutions are simply checks that men draw on a bank where they have no account." - Oscar Wilde

Offline jafo2010

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It is our military industrial complex that thrusts us into conflicts we have no business being involved in.  It is about supporting that industry in the USA, and American blood be damned.  And they do not give one hoot how many Americans die, those that die are indeed expendable, as they always have been.

And then there is the electing people that are total incompetents.  Jimmy Carter was a total idiot.   So was Bush, Obama, and Biden.  And then there are the stinking globalists, literally every president subsequent to Reagan except maybe Trump. 

It has been made blatantly clear that the American people are worthless to those in power.  Leaders have allowed folks to pour across the border taking blue collar jobs from Americans, and used the H1-b Visa Program to displace Americans in white collar jobs, and Trump has promised tech billionaires to increase the H1-b Visa recipient numbers, so more Americans unemployed for low cost foreigners, almost exclusively from India, and all illegally for the federal government has laws that prohibit it, but since when do our leaders adhere to the law!!!