• 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

Mike Waltz sees Trump’s Gaza plan as ‘once-in-a-generation...

October 4, 2025

FBI busts alleged Maduro-linked money laundering network spanning...

October 4, 2025

Democrats roll out new campaign ads targeting Republicans...

October 4, 2025

Supreme Court’s emergency docket delivers Trump string of...

October 4, 2025

Iran executes 6 prisoners accused of carrying out...

October 4, 2025

Japan poised for first female prime minister after...

October 4, 2025

Johnson sends critical signal to Schumer as Dems...

October 3, 2025

Government shutdown drags into weekend as Senate Democrats...

October 3, 2025

Trump extends US security guarantee to Qatar, elevating...

October 3, 2025

Trump, Johnson appear at odds in government shutdown...

October 3, 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

  • Biden-Harris administration failed to recoup $200B in fraudulent COVID loans, House committee says

    November 1, 2024
  • Will Trump White House rescue TikTok from looming ban? President-elect has done a 180 on the app

    November 15, 2024
  • Senate marches toward passing Trump’s $9B clawback bill after dramatic late-night votes

    July 16, 2025
  • Ryan Routh’s SUV looked ‘lived in,’ filled with passports, phones and notes, FBI special agent testifies

    September 16, 2025
  • Could Butler happen again? Former Secret Service agents weigh in on political violence in 2025

    July 12, 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 (6,263)
  • Investing (634)
  • Stock (935)

Latest Posts

  • Judge blocks Trump’s EPA from terminating $14 billion in ‘green bank’ grants after accusations of fraud

    March 19, 2025
  • Apple expected to roll out texting update that would hit GOP hardest ahead of midterms, fundraisers say

    August 27, 2025
  • How Trump, or Kamala, could win, as all sides zero in on the debate

    September 5, 2024

Recent Posts

  • CAVA Stock Price: News and Price Forecast 2025

    September 2, 2024
  • President Trump can stop Iran’s march to nuclear weapons: ‘re-establish credible military threat’, report says

    February 19, 2025
  • Trump’s UN ambassador nominee Elise Stefanik says he sees ‘great promise’ in the United Nations

    January 20, 2025

Editor’s Pick

  • Harris team ‘not aware’ of stolen Trump docs sent ‘directly’ to Biden camp

    September 19, 2024
  • US consumer sentiment plunges to lowest level in over a decade as trade tensions escalate

    April 11, 2025
  • Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico

    February 6, 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