Wednesday, May 11, 2022

Biden Wanted $33B More For Ukraine. Congress Quickly Raised it to $40B. Who Benefits?

From the start of the Russian invasion of Ukraine on February 24, the Biden White House has repeatedly announced large and seemingly random amounts of money that it intends to send to fuel the war in Ukraine. The latest such dispatch, pursuant to an initial $3.5 billion fund authorized by Congress early on, was announced on Friday; “Biden says US will send $1.3 billion in additional military and economic support to Ukraine,” read the CNBC headline. This was preceded by a series of new lavish...

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