Rand Paul single-handedly delays Senate approval of $40B Ukraine aid package.
Even so, Paul’s objection was an audacious departure from an overwhelming sentiment in Congress that quickly helping Ukraine was urgent, both for that nation’s prospects of withstanding Vladimir Putin’s brutal attack and for discouraging the Russian president from escalating or widening the war.
He argued that the added spending was a significant sum that would deepen federal deficits and worsen inflation. Last year’s budget deficit was almost $2.8 trillion but likely headed downward, and the bill’s spending is less than two-tenths of 1% the size of the U.S. economy, suggesting its impact on inflation would be negligible.
Underscoring their joint desire to approve the bill immediately, Schumer and McConnell stood nearly side-by-side as they tried pushing the legislation forward. “Helping Ukraine is not an instance of mere philanthropy,” McConnell said. “It bears directly on America’s national security and vital interests that Russia’s naked aggression not succeed and carries significant costs.”
Biden asked Congress for $33 billion two weeks ago. It didn’t take lawmakers long to add $3.4 billion to his requests for both military and humanitarian programs.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
South African Rand Price Forecast: USD/ZAR Downside Correction on the Horizon?The South African rand has slumped into negative territory year-to-date against the U.S. dollar after the greenback soars on the back of rising inflationary pressures and an aggressive Federal Reserve. Get your market update from WVenketas here:
Lire la suite »
‘Winning Time’ depiction of Paul Westhead vs. Jack McKinney stirs up painful memoriesAmidst all the overwrought performances in HBO’s “Winning Time: The Rise of the Lakers Dynasty,' Philly provided the saga of the Lakers’ Showtime’s origins with some of its most significant figures and moments.
Lire la suite »
Who Is Adele's Boyfriend, Rich Paul?The superstar and the mega sports agent started dating in 2021.
Lire la suite »
Suns' Chris Paul expresses support for Brittney Griner amid her detention: 'Everyone just wants her home'Chris Paul and the Suns appeared to be the first members of the NBA to openly keep Brittney Griner on the top of their minds since the Phoenix Mercury star was arrested in Moscow.
Lire la suite »
South Jersey suffragist hero Alice Paul gets star treatment in the hot NYC musical ‘SUFFS’In real life and in the NYC musical 'SUFFS,' South Jersey’s own Alice Paul didn’t get to finish her fight. No one else has, either. The Equal Rights Amendment (ERA), which Paul helped to write, has yet to become reality.
Lire la suite »
Filmmaker and Film-Educator Paul Stekler Says Goodbye to UTAs Paul Stekler delivers his final class, the former head of UT-Austin’s Department of Radio-Television-Film gives a commencement speech looking back on a career without a plan.
Lire la suite »