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HomeLatest NewsBiden Seeks $105 Billion Funding for Israel and Ukraine: Key Details

Biden Seeks $105 Billion Funding for Israel and Ukraine: Key Details

President Biden has emphasized the importance of American aid in Ukraine and Israel for protecting U.S. national security. In the proposed $105 billion funding request, $61.4 billion would be allocated for Ukraine. More than half of this amount would be used to provide weapons and ammunition through defense contracts and U.S. stockpiles, with the remaining funds going towards economic and operational assistance, intelligence and military support, nuclear security programs, and resettling Ukrainian refugees.

Another $14.3 billion would be designated for Israel, mainly for defense contracts and facilitating the transfer of weapons and ammunition from U.S. stockpiles. The package would include ammunition for missile defense systems such as Iron Dome and David’s Sling, as well as funding for ground-based laser air defense systems. Additionally, the funding request includes $13.6 billion for border security measures, such as increasing border patrol officers, immigration judges, and the construction of shelters and detention centers. However, it does not include funding for a border wall or changes to the asylum process sought by Republicans.

Furthermore, the proposed funding includes $9.15 billion for humanitarian aid, targeting Palestinian, Israeli, and Ukrainian civilians impacted by conflicts. The specific allocation for each group was not specified by the White House. Additionally, $7.4 billion is earmarked for Taiwan and the Indo-Pacific, aimed at countering the influence of China in the region. This funding encompasses military financing for Taiwan, support for submarine construction, development assistance, and foreign military financing. The allocation of the $2 billion for foreign military financing is unclear, as it is unknown whether it will be exclusively for Taiwan or shared with neighboring countries in the region.

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