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Free AccessGOP Leader McConnell "Amazed" Helping Ukraine "Has Become Controversial"
Senate Minority Leader Mitch McConnell has said in a speech in Kentucky: “I’m amazed that the whole question of helping the Ukrainians defend themselves has become controversial.”
- McConnell's comments comes as the latest USD$250m security assistance package for Ukraine pushes total aid to Ukraine close to the USD$47b authorised by Congress last year and foreshadow another challenging process to legisalate another package before exhausting existing funds.
- The non-partisan Congressional Research Service notes: "On August 10, 2023, the [Biden] Administration submitted to Congress a request for nearly $24 billion in FY2024 supplemental funding for Ukraine and other international needs. The request includes $10.5 billion in security assistance to Ukraine and other countries affected by the war, including $4.5 billion to replenish DOD stocks, $5 billion for USAI, and $1 billion in FMF."
- The Hill reports: "Polls show a majority of Republicans are skeptical of providing more aide to Ukraine, but Senate Republican sources say they expect a majority of Senate and House Republicans to ultimately support another Ukraine package — though it will encounter opposition from conservatives in both chambers."
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.