• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Biden administration announces $988M in aid to Ukraine on same day Trump meets with Zelenskyy in Paris

by December 8, 2024
written by December 8, 2024

The Biden administration on Saturday announced a $988 million aid package to Ukraine to ensure it ‘has the tools it needs to prevail in its fight against Russian aggression.’ 

‘This administration has made its choice. And so has a bipartisan coalition in Congress. The next administration must make its own choice,’ Defense Secretary Lloyd Austin said Saturday at the Reagan National Defense Forum in California. ‘But, from this library, from this podium, I am confident that President Reagan would have stood on the side of Ukraine, American security and human freedom.’ 

The aid package is provided through the Ukraine Security Assistance Initiative and ‘will provide Ukraine with munitions for rocket systems and unmanned aerial systems,’ a release from the administration said. ‘This package also includes support for maintenance and repair programs to help Ukraine reconstitute its forces and build and sustain combat power.’ 

The announcement came as President-elect Trump met with Ukrainian President Volodymyr Zelenskyy while at a ceremony commemorating the reopening of the Notre Dame Cathedral in Paris on Saturday after a devastating fire there in 2019. 

During the campaign, Trump and running mate JD Vance heavily criticized the Biden administration’s support for Ukraine after Russia’s 2022 invasion, and Trump said he would end the war before even entering office without offering further details. 

Vance also suggested earlier this year that the best way to end the war was for Ukraine to cede the land Russia has seized and for a demilitarized zone to be established, a proposal Ukrainian President Volodymyr Zelenskyy flatly rejected. 

Recently, Zelenskyy has said he is more open to negotiations in the war and has called for Ukraine to be allowed to join NATO. 

The Biden administration has committed to giving Ukraine as much aid as possible before Trump takes office in January. 

‘In September, the president announced a surge in security assistance for Ukraine to put Ukrainian forces in the strongest possible position before he leaves office,’ National Security Advisor Jake Sullivan said in a statement Monday while announcing $725 million in aid to Ukraine. 

‘Between now and mid-January, we will deliver hundreds of thousands of additional artillery rounds, thousands of additional rockets and other critical capabilities to help Ukraine defend its freedom and independence.’ 

Last month, U.S. Secretary of State Antony Blinken said, ‘President Biden has committed to making sure that every dollar we have at our disposal will be pushed out the door between now and Jan. 20.’ 

Saturday’s announcement marks the administration’s 22nd aid package through the Ukraine Security Assistance Initiative. 

This week, House Speaker Mike Johnson rejected a request by the administration for Congress to authorize $24 billion in additional funding.

‘It is not the place of Joe Biden to make that decision now,’ Johnson said. ‘We have a newly elected president, and we’re going to wait and take the new commander in chief’s direction on all that. So, I don’t expect any Ukraine funding to come up now.’

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump, Prince William sit down for meeting in Paris after Notre Dame ceremony
next post
Trump responds after rebels overtake Syria, ousting longtime dictator: ‘Assad is gone’

related articles

Trump DOJ releases ‘thousands’ of Epstein files to...

August 22, 2025

‘Leftist’ taxpayer-funded academy sparks backlash after moving against...

August 22, 2025

Jackson scathing dissent levels partisan charge at colleagues...

August 22, 2025

Justice Jackson accuses Supreme Court of ensuring Trump...

August 22, 2025

Trump–Bolton feud back in focus after FBI raid:...

August 22, 2025

John Bolton blasted by Trump ally Roger Stone,...

August 22, 2025

James Comer praises Kash Patel for ‘holding deep...

August 22, 2025

Trump DOJ to begin handing over Epstein files...

August 22, 2025

TikTok isn’t enough to stop Gen Z from...

August 22, 2025

Trump administration wins Supreme Court fight to slash...

August 22, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Mortgage refinancing surges 35% in one week as interest rates hit lowest level in over a year

    August 15, 2024
  • Durbin obstruction threat chills Senate as Trump nominees hang in balance

    June 4, 2025
  • Trump administration could lead to budget cuts, leadership shakeup at UN

    November 8, 2024
  • The Hitchhiker’s Guide to confirming Trump Cabinet nominees — perhaps even during inaugural balls

    January 15, 2025
  • Former defense secretaries condemn Trump’s firing of senior military officials in scathing letter

    February 28, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,792)
  • Investing (634)
  • Stock (894)

Latest Posts

  • Trump administration to shutter HHS’ long COVID office: report

    March 25, 2025
  • From admiration to Alaska: A timeline of Trump and Putin’s high-stakes encounters

    August 15, 2025
  • MARK HALPERIN: Four people who helped drive Trump’s GOAT comeback

    November 12, 2024

Recent Posts

  • Zelenskyy to meet with Trump in Washington, DC following US-Russia talks

    August 16, 2025
  • New report shows clear frontrunner in Harris, Trump campaign cash race

    October 21, 2024
  • Harris goads Trump to release medical records after she gets clean bill of health from personal physician

    October 14, 2024

Editor’s Pick

  • When Biden-Harris abandoned American hostages, they desecrated the power of the blue passport

    October 13, 2024
  • S&P 500 Futures Slip 0.51%

    November 15, 2024
  • Trump-Putin meeting agreed upon ‘in principle,’ Kremlin aide indicates

    August 7, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock