US House passes $95bn package for Ukraine, Israel, Taiwan

--

The US House of Representatives has approved a significant $95.34bn legislative package aimed at providing security assistance to Ukraine, Israel and Taiwan.

The House voted overwhelmingly to approve the supplementary security packages, with 366 votes to 58 for Ukraine, 311 to 112 for Israel and 385 to 34 for Taiwan.

The Senate is poised to deliberate on the House-passed bill starting April 23, with the final bill passage anticipated next week, enabling US President Joe Biden to enact the legislation.

Out of the $95.34bn, the bill allocates $60.84bn to counter the conflict in Ukraine and assist US regional partners in countering Russia.

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

View profiles in store

Company Profile – free sample

Your download email will arrive shortly

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the form below

By GlobalData

UK USA Afghanistan Åland Islands Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize In Benin Bermuda Bhutan Bolivia Bonaire, Sint Eustatius and Saba Bosnia and Herzegovina Botswana Bouvet Island Brazilian British Indian Ocean Territory Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Christmas Island Cocos Islands Colombia Comoros Congo Democratic Republic of the Congo Cook Islands Costa Rica Côte d’Ivoire Croatia Cuba Curaçao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenade Guadeloupe Guam Guatemala Guernsey Guinea Guinea-Bissau Guiana Haiti Heard Island and McDonald Islands Holy See Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati North Korea South Korea Kuwait Kyrgyzstan Lao Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macau Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Moldova Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island Northern Mariana Islands Norway Oman Pakistan Palau Palestinian Territory Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Poland Portuguese Puerto Rico Qatar Reunion Romania Russian Federation Rwanda Saint Helena, Ascension and Tristan da Cunha Saint Kitts and Nevis Saint Lucia Saint Pierre and Miquelon Saint Vincent and The Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia and The South Sandwich Islands Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Swaziland Sweden Switzerland Syrian Arab Republic Taiwan Tajikistan Tanzania Thailand Timor-Leste Togo Tokelau Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Tuvalu Uganda Ukraine United Arab Emirates US Minor Outlying Islands Uruguay Uzbekistan Vanuatu Venezuela Vietnam British Virgin Islands US Virgin Islands Wallis and Futuna Western Sahara Yemen Zambia Zimbabwe Kosovo

Industry * Academia & Education Aerospace, Defense & Security Agriculture Asset Management Automotive Banking & Payments Chemicals Construction Consumer Food service Government, trade bodies and NGOs Health & Fitness Hospitals & Healthcare HR, Staffing & Recruitment Insurance Investment Banking Legal Services Management Consulting Marketing & Advertising Media & Publishing Medical Devices Mining Oil & Gas Packaging Pharmaceuticals Power & Utilities Private Equity Real Estate Retail Sports Technology Telecom Transportation & Logistics Travel, Tourism & Hospitality Venture Capital


Tick ​​here to opt out of curated industry news, reports, and event updates from Army Technology.

Submit and download

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information about your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

It also includes $26.38bn to aid Israel in defending against threats from Iran and its proxies, and $8.12bn to counter China’s influence and ensure regional deterrence in the Indo-Pacific.

The Israel Security Supplemental Appropriations Act, 2024, part of the package, designates $4bn for the Iron Dome and David’s Sling missile defense systems and provides $1.2bn for the Iron Beam system to counter short-range threats.

A sum of $3.5bn has been allocated to support advanced weapons procurement, $1bn to boost artillery and munitions development, $4.4bn to replenish Israeli defense articles and services, and $2.4bn for current US military operations in the region.

The bill also restricts funding to the UN Relief and Works Agency and provisions are included for the transfer of defense articles to Israel from US stockpiles abroad.

The Indo-Pacific Security Supplemental Appropriations Act, 2024 earmarks $2bn for Taiwan and allies through the foreign military financing program to confront Chinese aggression.

It allocates $3.3bn for submarine infrastructure development, $1.9bn to replenish defense articles and services for Taiwan and partners, $542m to bolster US military capabilities, and $133m for artillery and munitions production.

Meanwhile, the Ukraine Security Supplemental Appropriations Act, 2024 includes $23.2bn for replenishing US weapons, stocks and facilities, and an equal amount for defense articles and services provided to Ukraine.

It also provides $11.3bn for current US military operations, $13.8bn for advanced weapons procurement and $26m for oversight and accountability of aid to Ukraine, including in-person monitoring and cost-matching requirements for partners and allies.

In related news, the Netherlands pledged more than €200m ($213m) during a NATO-Ukraine Council meeting to expedite delivery of air defense and artillery ammunition to Ukraine.


The article is in Hungarian

Tags: House passes #95bn package Ukraine Israel Taiwan

-

PREV Donald Trump’s hush money trial
NEXT Sixers vs. Knicks Odds & Prediction for Game 6 of 2024 NBA Playoffs