Tuesday, August 9, 2022

Biden Sends $4.5 Billion to Ukraine to Fund Salaries, Pensions, Welfare and Healthcare Costs, With Additional $1 Billion in Weapons


U.S. taxpayers are now responsible for financially supporting the lifestyle of Ukrainian citizens directly.  Earlier today the Biden administration sent $4.5 billion to the Ukraine government to pay for their “salaries, pensions, welfare and healthcare costs“; with an additional $1 billion in weapons.  Total package $5.5 billion for Ukraine.  Meanwhile, congressional members are doubling the size of the IRS enforcement to keep Americans paying for these expenditures.

Europe is not paying to support the lifestyle of their neighbors, we are.  Somehow, I doubt that Germany would be willing to pay the expenses of the Mexican government – yet it is perfectly justified (in their mind) for the U.S. to carry the financial burden of Ukraine.  The more you think about it, the more infuriating it becomes.

(Reuters) -The United States will send an additional $5.5 billion in aid to Ukraine, made up of $4.5 billion in budgetary support and $1 billion in military assistance, to help it come to grips with the turmoil of this year’s Russian invasion.

The $4.5 billion budgetary grant will fund urgent government needs including payments for pensions, social welfare and healthcare costs, bringing total U.S. fiscal aid for Ukraine to $8.5 billion since Russia’s February invasion, the U.S. Agency for International Development said.

The funding, coordinated with the U.S. Treasury Department through the World Bank, will go to the Ukraine government in tranches, beginning with a $3 billion disbursement in August, USAID said.

It follows previous transfers of $1.7 billion in July and $1.3 billion in June, USAID said. Washington has also provided billions of dollars in military and security support.

The $1 billion arms package announced by the Pentagon is the largest single military package under President Joe Biden’s drawdown authority, including long-range rocket munitions and armored medical transport vehicles. (read more)