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Home»World»A look at what’s in the $95 billion foreign aid package passed by the House – JHB
World

A look at what’s in the $95 billion foreign aid package passed by the House – JHB

April 21, 2024No Comments1 Min Read
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By The Related Press

A take a look at what’s within the $95 billion bundle handed by the Home on Saturday that may present army support to Ukraine and Israel, replenish U.S. weapons methods and provides humanitarian help to civilians in Gaza.

Senate passage is anticipated this coming week. President Joe Biden has promised to signal the bundle as quickly as he will get it.

The broad spending breakdown:

—about $61 billion for Ukraine and replenishing U.S. weapons stockpiles. The general quantity supplied to Ukraine for the acquisition of weapons can be $13.8 billion. Ukraine would obtain greater than $9 billion of financial help within the type of “forgivable loans.”

—about $26 billion for supporting Israel and offering humanitarian aid for individuals in Gaza. About $4 billion of that will be devoted to replenishing Israel’s missile protection methods. Greater than $9 billion of the whole would go towards humanitarian help in Gaza amid the Israel-Hamas battle.

—about $8 billion for serving to U.S. allies within the Indo-Pacific area and countering China. Greater than $3.3 billion would go towards submarine infrastructure and improvement, with an extra $1.9 billion to replenish U.S. weapons supplied to Taiwan and different regional allies.

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