American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Politics

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

by admin April 25, 2024
April 25, 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

0
FacebookTwitterGoogle +Pinterest
previous post
Sen. Lee rails against spending ‘money we don’t have’ as Senate passes foreign aid bill: ‘It’s cowardice’
next post
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock ‘manipulation’

Related Posts

Biden administration puts hold on US ammunition shipment...

May 7, 2024

Israeli police thwart alleged ISIS terror plot against...

April 6, 2024

Rep. Sheila Jackson Lee has passed away after...

July 20, 2024

Top Democrats rage over Biden’s debate deflection: ‘Don’t...

July 4, 2024

RFK, Jr reveals path to presidency as Biden,...

May 1, 2024

TSMC and Intel joint venture? Chip giants explore...

February 16, 2025

Dem, GOP insiders both see major opportunity after...

July 14, 2024

Hunter Biden attends pre-trial hearing in Delaware court...

May 26, 2024

Trump calls for debates with Biden ‘anytime, anywhere,...

March 7, 2024

Friday’s jobs report: likely outcome and why it...

December 8, 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.

    Latest News

    • Europe bulletin: BBC under fire, Mango death reopened, UK banks slide

      October 19, 2025
    • Trump says he may meet Xi, repeats claim about India’s plan to stop Russian oil

      October 19, 2025
    • Paramount Skydance to cut around 2,000 Jobs amid cost-cutting push: report

      October 19, 2025
    • Weekly wrap: US shutdown drags on, Trump touts cease-fire success

      October 19, 2025
    • US digest: markets slide after fresh Trump tariff threat, consumer sentiment slide

      October 12, 2025

    Categories

    • Business (4,280)
    • Investing (2,989)
    • Latest News (2,093)
    • Politics (1,541)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.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 americaninvesthub.com | All Rights Reserved