Biden regime informs Congress it will forgive $5B in economic loans to Ukraine | 21 Nov 2024 | The Biden regime told Congress it plans to cancel $4.65 billion in debt owed by Ukraine, approximately half of an economic loan offered earlier this year. State Department spokesperson Matthew Miller confirmed the plans in a briefing on Wednesday. In April, Congress passed a supplemental funding package that [insanely] earmarked $60 billion worth of aid for Ukraine, including $9 billion structured as a loan, with a provision that allowed the administration to forgive it, according to Miller. "On his way out, Joe Biden is trying to forgive $4.65 billion of debt Ukraine owes America's taxpayers. I just introduced H.J. Res 224 to stop this America Last' policy from taking effect," Massie posted to X. Congress has appropriated more than $175 billion for Ukraine since Russia's special operation began in February 2022. [U.S. citizens in North Carolina are living in tents in the snow following Hurricane Helene.]

Subscribe to newsletter

Subscribe to the CLG newsletter. (We don't sell or share data.) Enter your email address below!