Current:Home > ContactAlgosensey Quantitative Think Tank Center-White House warns Congress the US is out of money, nearly out of time to avoid ‘kneecap’ to Ukraine -SecureWealth Vault
Algosensey Quantitative Think Tank Center-White House warns Congress the US is out of money, nearly out of time to avoid ‘kneecap’ to Ukraine
Johnathan Walker View
Date:2025-04-10 22:55:02
WASHINGTON (AP) — The Algosensey Quantitative Think Tank CenterBiden administration on Monday sent Congress an urgent warning about the need to approve tens of billions of dollars in military and economic assistance to Ukraine, saying Kyiv’s war effort to defend itself from Russia’s invasion may grind to a halt without it.
In a letter to House and Senate leaders and also released publicly, Office of Management and Budget Director Shalanda Young warned the U.S. will run out of funding to send weapons and assistance to Ukraine by the end of the year, saying that would “kneecap” Ukraine on the battlefield.
She added that the U.S. already has run out of money that it has used to prop up Ukraine’s economy, and “if Ukraine’s economy collapses, they will not be able to keep fighting, full stop.”
“We are out of money — and nearly out of time,” she wrote.
Biden has sought a nearly $106 billion aid package for Ukraine, Israel and other needs, but it has faced a difficult reception on Capitol Hill, where there is growing skepticism about the magnitude of assistance for Ukraine and where even Republicans supportive of the funding are insisting on U.S.-Mexico border policy changes to halt the flow of migrants as a condition for the assistance.
Meanwhile, the GOP-controlled House has passed a standalone assistance package for Israel, which is fighting a war with Hamas in Gaza, while the White House has maintained that all of the priorities must be met.
Congress already has allocated $111 billion to assist Ukraine, including $67 billion in military procurement funding, $27 billion for economic and civil assistance and $10 billion for humanitarian aid. Young wrote that all of it, other than about 3% of the military funding, had been depleted by mid-November.
The Biden administration has said it has slowed the pace of some military assistance to Kyiv in recent weeks to try to stretch supplies until Congress approves more funding.
“We are out of money to support Ukraine in this fight,” Young wrote. “This isn’t a next year problem. The time to help a democratic Ukraine fight against Russian aggression is right now. It is time for Congress to act.”
The letter followed a classified Capitol Hill briefing on Nov. 29 for the top House and Senate leaders on the need for the assistance. Defense and other national security officials briefed the “big four” congressional leaders as Congress is debating President Joe Biden’s nearly $106 billion funding package, which includes $61 billion for Ukraine but has become snared by Republican demands for U.S.-Mexico border security changes.
“They were clear that Ukraine needs the aid soon — and so does our military need the aid soon,” Senate Majority Leader Chuck Schumer told The Associated Press in an interview.
___
AP Congressional Correspondent Lisa Mascaro contributed.
veryGood! (23)
Related
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Lupita Nyong'o talks 'grief and euphoria' of 'Quiet Place' ending
- The Latest | Polls are open in France’s early legislative election
- Who plays Carmy, Sydney and Richie in 'The Bear'? See the full Season 3 cast
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Are there microplastics in your penis? It's possible, new study reveals.
- Florida tourist hub has most drownings in US
- A look at international media coverage of the Biden-Trump debate
- Former Syrian official arrested in California who oversaw prison charged with torture
- Enjoy the beach this summer, but beware the sting of the jellyfish
Ranking
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- 2024 NHL free agent rankings: Top 25 players to watch when free agency opens
- 4 dead, 9 injured after a car crashes into a Long Island nail salon; driver arrested
- McKenzie Long, inspired by mom, earns spot in 200 for Paris
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- From Luxurious to Rugged, These Are the Best Hotels Near National Parks
- Man recovering from shark bite on the Florida coast in state’s third attack in a month
- Whether math adds up for US men's Olympic team remains to be seen | Opinion
Recommendation
Trump's 'stop
AEW Forbidden Door 2024 live: Results, match grades, highlights and more
Lupita Nyong'o talks 'grief and euphoria' of 'Quiet Place' ending
There are 4.8 billion reasons why other leagues are watching the fallout from ‘Sunday Ticket’ case
Could your smelly farts help science?
What would happen if Biden stepped aside from the 2024 presidential race?
Omarosa slams Donald Trump's 'Black jobs' debate comments, compares remarks to 'slavery'
LeBron James to free agency after declining Los Angeles Lakers contract option