Make a Living ClubMake a Living Club
  • Home
  • News
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • More
    • Economy
    • Politics
    • Real Estate
Trending Now

Bear Market? Prepare Now With These 5 Best Stocks

December 11, 2025

TWFG: A Growing Insurance ‘Middle Man’ (NASDAQ:TWFG)

December 10, 2025

Trump’s immigration data dragnet

December 10, 2025

Shinhan Financial: Watch Out For Positive Surprises (NYSE:SHG)

December 9, 2025

Asante Gold: Growth In Medium-Sized Gold Production, But With Relevant Risk

December 8, 2025

The power crunch threatening America’s AI ambitions

December 8, 2025
Facebook Twitter Instagram
  • Privacy
  • Terms
  • Press
  • Advertise
  • Contact
Facebook Twitter Instagram
Make a Living ClubMake a Living Club
  • Home
  • News
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • More
    • Economy
    • Politics
    • Real Estate
Sign Up for News & Alerts
Make a Living ClubMake a Living Club
Home » Biden to push Israel, Ukraine aid package well over $2 billion this week
Economy

Biden to push Israel, Ukraine aid package well over $2 billion this week

Press RoomBy Press RoomOctober 16, 2023
Facebook Twitter Pinterest LinkedIn WhatsApp Email

By Katharine Jackson and Steve Holland

WASHINGTON (Reuters) -White House national security adviser Jake Sullivan said on Sunday that the Biden administration hopes to push a new weapons package for Israel and Ukraine through Congress that will be significantly higher than $2 billion.

Sullivan, in an interview on CBS’s “Face the Nation,” said U.S. President Joe Biden will have intensive talks with the U.S. Congress this week on the need for the package to be approved.

Republicans’ struggles to pick a speaker for the House of Representatives after party hardliners ousted Kevin McCarthy nearly two weeks ago has delayed action on legislation, as Israel prepares a ground war against Hamas in Gaza and U.S. officials warn the regional crisis could escalate.

Biden has been considering a budget request lumping together aid for Israel, Ukraine and possibly Taiwan and the U.S. southern border to improve the chances of getting it approved amid calls from some Republicans to cut money for Kyiv.

Asked whether the request would be for $2 billion, as has been previously reported, Sullivan said: “The number is going to be significantly higher than that, but it will, as I said, certainly include the necessary military equipment to defend freedom, sovereignty and territorial integrity in Ukraine, and to help Israel defend itself as it fights its terrorist threat.”

Some Republicans have already said they would not back any Israel aid package that also contains aid for Ukraine.

How any bill moves through Congress without a House speaker is unclear. House minority leader Hakeem Jeffries suggested on Sunday that Democrats could work with Republicans to nominate a speaker.

“There are informal conversations that have been underway,” about a bipartisan solution to the crisis, Jeffries told NBC’s Meet the Press. “When we get back to Washington tomorrow, it’s important to begin to formalize those discussions.”

Ohio Representative Jim Jordan, founder of a hardline Republican party caucus with the backing of former President and likely 2024 nominee Donald Trump, has been nominated to be House Speaker.

It is unclear he has the votes necessary from his own party to get a simple majority in the House, which is narrowly controlled by Republicans. There is little chance any Democrats would back Jordan, a vocal supporter of Trump’s false claims that the 2020 election was marred by widespread fraud.

“I believe at the end of the day that Jordan can get there and I’m doing everything I can to help him be able to become speaker,” McCarthy told Fox News Sunday morning.

Senate Majority Leader Chuck Schumer, speaking in Tel Aviv on Sunday, said the Senate could move first to pass an aid bill.

“We’re not waiting for the House. We believe if the Senate acts in a strong bipartisan way, it may indeed improve the chances that the House, even with its current dysfunction, will act.”

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Treasury’s Yellen says funding bill allows lending of $21 billion to IMF trust By Reuters

Economy April 25, 2024

Pro-EU ex-minister beats Slovak PM Fico’s ally to set up run-off presidential vote By Reuters

Economy April 24, 2024

President Biden signs $1.2 trillion US spending bill By Reuters

Economy April 23, 2024

China plans new rules on market access, data flows Premier Li tells global CEOs By Reuters

Economy April 22, 2024

China could grow faster with pro-market reforms, IMF managing director says By Reuters

Economy April 21, 2024

China told it faces ‘fork in the road’ as officials meet CEOs By Reuters

Economy April 20, 2024
Add A Comment

Leave A Reply Cancel Reply

Latest News

TWFG: A Growing Insurance ‘Middle Man’ (NASDAQ:TWFG)

December 10, 2025

Trump’s immigration data dragnet

December 10, 2025

Shinhan Financial: Watch Out For Positive Surprises (NYSE:SHG)

December 9, 2025

Asante Gold: Growth In Medium-Sized Gold Production, But With Relevant Risk

December 8, 2025

The power crunch threatening America’s AI ambitions

December 8, 2025
Trending Now

Macquarie Value Fund Q3 2025 Sales And Purchases

December 7, 2025

Fed expected to cut rates despite deep divisions over US economic outlook

December 7, 2025

Box Q3: Limited Alpha Ahead (NYSE:BOX)

December 5, 2025

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Make a Living is your one-stop news website for the latest personal finance, investing and markets news and updates, follow us now to get the news that matters to you.

We're social. Connect with us:

Facebook Twitter Instagram YouTube LinkedIn
Topics
  • Business
  • Economy
  • Finance
  • Investing
  • Markets
Quick Links
  • Cookie Policy
  • Advertise with us
  • Get in touch
  • Submit News
  • Newsletter

Subscribe to Updates

Get the latest finance, markets, and business news and updates directly to your inbox.

2025 © Make a Living Club. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.