American Daddy Trader
  • Politics
  • Business
  • Stock
  • Editor’s Pick
  • Politics
  • Business
  • Stock
  • Editor’s Pick

American Daddy Trader

Politics

Senate approves $95B aid package for Ukraine and Israel, TikTok divestment, awaits Biden’s signature

by admin April 24, 2024
April 24, 2024
Senate approves $95B aid package for Ukraine and Israel, TikTok divestment, awaits Biden’s signature

A $95 billion package with aid to both Ukraine and Israel passed the Senate on Tuesday night after the House’s various adjustments were approved in the lower chamber over the weekend. 

By a vote of 79 to 18, the Senate sent the package to President Biden’s desk, and he is expected to sign off on the additional foreign aid. It notably passed with more votes than the previous Senate-passed version had garnered in February.

The package ultimately included aid to Ukraine, Israel and Taiwan, alongside measures requiring TikTok to divest from Chinese-owned ByteDance and to allow $5 billion in Russian assets held in U.S. banks to be transferred to Ukraine.

Biden had initially requested the supplemental foreign aid in October. A different version of the package with funds for Ukraine, Israel and Taiwan passed the Senate in February but was never voted on in the House. 

Under the measures, roughly $61 billion is set aside for supporting Ukraine in the war against Russia, about $26 billion is allotted for Israel and humanitarian aid, and nearly $8 billion is provided for the Indo-Pacific and Taiwan.

The Senate cleared the way for quick passage of the bills earlier on Tuesday when it voted in favor of invoking cloture, 81-19.

After the cloture motion passed, Senate Majority Leader Chuck Schumer, D-N.Y., celebrated, telling senators in floor remarks, ‘In a resounding bipartisan vote, the relentless work of six long months has paid off: Congress is sending the supplemental to President Biden’s desk.’ 

‘This is an important day for America and a very important day for freedom-loving countries around the world,’ Senate Minority Leader Mitch McConnell, R-Ky., remarked to reporters following the vote to invoke cloture. 

Prior to the cloture vote, a significant number of senators sought a motion to table an amendment tree, which blocks other amendments from being considered in regular order. The motion to table was a close vote, with 48 supporting it and 50 voting against, allowing the amendment tree to stand.

Sen. Bernie Sanders, I-Vt., released a statement following the motion’s failure, noting that it meant his amendment wouldn’t be considered. He wanted to see votes on his two amendments to the package, which would have ended unconditional aid to Israel and restored funding to the United Nations Relief and Works Agency (UNRWA). 

‘Polls show that a majority of Americans, and a very strong majority of Democrats, want to end U.S. taxpayer support for Netanyahu’s war against the Palestinian people,’ Sanders said in a statement. ‘It is a dark day for democracy when the Senate will not even allow a vote on that issue.’ 

A number of Republican lawmakers also wanted votes on their respective amendments, including Sen. Mike Lee, R-Utah, who proposed an amendment to require repayment of the foreign aid loan to Ukraine, in order to make it ‘real.’ 

If any amendments were passed in the Senate, the bill would be sent back to the House for its consideration once again. 

This post appeared first on FOX NEWS

previous post
Sen. Lee rails against spending ‘money we don’t have’ as Senate passes foreign aid bill: ‘It’s cowardice’
next post
Buy the Dip or Sell the Rip?

You may also like

Trump rips ‘foolish’ GOP candidate after Dems flip...

February 15, 2024

2024 wild card: Could Trump criminal trial verdict...

May 25, 2024

Trump warns US approaching ‘World War III territory’...

September 5, 2024

Trump says he has UFO files – will...

June 27, 2024

Biden’s threat to withhold weapons from Israel shows...

May 10, 2024

Trump’s authority to fire officials questioned in court...

March 8, 2025

Who is Giorgia Meloni? Trump hosts Italian PM...

January 5, 2025

Hamas agrees to return bodies of 4 Israeli...

February 26, 2025

Hurricane-hit battleground states face additional voting hurdles in...

October 15, 2024

Kamala Harris praises Biden’s ‘unmatched’ legacy in first...

July 23, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Generate Consistent Income with These Options Strategies

      May 22, 2025
    • Quantum Stocks Explode: Why Traders Are Obsessed With QBTS and RGTI Right Now

      May 22, 2025
    • Become the Investor You Aspire to Be: Essential Insights for Success

      May 22, 2025
    • Controversial office vacant for first time in nearly a decade, but emerging secrets haunt those involved

      May 22, 2025
    • South African-born Musk evoked by Trump during meeting with nation’s leader: ‘Don’t want to get Elon involved’

      May 22, 2025

    Archives

    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024

    Categories

    • Business
    • Editor's Pick
    • Politics
    • Stock
    • Uncategorized
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 americandaddytrader.com | All Rights Reserved