US: Senate issues USD 95 billion aid package for Ukraine, Israel, Taiwan as big relief

The passage of the USD 95 billion aid package for Ukraine, Israel, and Taiwan is indeed a significant development, showcasing bipartisan cooperation in addressing key global issues. President Biden, along with congressional Democrats and Senate GOP leader Mitch McConnell, played crucial roles in securing the package’s passage despite internal party divisions and challenges. For Senate […]

by Nisha Srivastava - April 24, 2024, 9:10 am

The passage of the USD 95 billion aid package for Ukraine, Israel, and Taiwan is indeed a significant development, showcasing bipartisan cooperation in addressing key global issues. President Biden, along with congressional Democrats and Senate GOP leader Mitch McConnell, played crucial roles in securing the package’s passage despite internal party divisions and challenges.

For Senate GOP leader Mitch McConnell, who has been a steadfast supporter of Ukraine despite growing resistance from some in his own party, as well as President Joe Biden and legislative Democrats, the bipartisan effort represents a major win.

The complete measure, which is currently awaiting President Biden’s signature, combines four laws that had previously encountered obstacles in the House and Senate. This legislative accomplishment comes after an uncommon Saturday session in the House, during which almost USD 61 billion in aid for Ukraine, over USD 26 billion for Israel, and over USD 8 billion for the Indo-Pacific region were passed.

The inclusion of provisions to increase sanctions on Russian assets reflects a firm stance against Russian aggression, while the potential ban on TikTok underscores concerns about national security risks associated with certain foreign-owned platforms.

McConnell’s leadership was instrumental in guiding the legislation through the Senate, highlighting the importance of upholding American leadership and global responsibilities. The bipartisan support for the package, achieved after negotiations and compromises, underscores the recognition of the importance of supporting allies and addressing global challenges collectively.

Despite initial hurdles and opposition from some quarters, the successful passage of the aid package demonstrates a commitment to fulfilling international obligations and promoting stability in key regions.