U.S. Senators intend to approve $50 to 100 billion in aid to Ukraine

U.S. senators from both parties intend to approve aid to Ukraine in the amount of between $50 and $100 billion in the coming weeks.

The Wall Street Journal reported on this.

U.S. senators shared with the media that they see more sense in one large package than in several smaller ones.

According to the senators, this will “give Ukraine confidence” and will be better “from a political point of view.”

Such a package could be passed between October 16, when the Senate returns from recess, and November 17, when the current temporary spending bill expires.

Senators expressed limited optimism about the package’s passage. Its size is still being discussed.

Republican Senator Lindsey Graham proposed to allocate $60-70 billion, while Democratic Senator Richard Blumenthal said that, in his opinion, the figure should be closer to $100 billion.

However, the latter said he was ready to compromise if the Republicans offered a $60 billion package.

The media previously reported that U.S. President Joe Biden is going to ask Congress to approve the largest military and humanitarian aid package to Ukraine in the amount of $100 billion for a period of about two years.

According to some U.S. officials, the adoption of a single large package could give the Biden administration the best chance to secure funding for military assistance to Ukraine before the November 2024 U.S. presidential election.

Militarnyi previously reported that the U.S. Department of Defense wants to simultaneously meet the munitions needs of both Israel and Ukraine. This requires Congressional approval of additional funding.

In recent weeks, the U.S. Army has signed contracts worth about $1.5 billion to build up reserves of artillery shells.