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White House to seek $11.7 billion in additional aid from Ukraine

The White House will ask Congress to provide additional aid to Ukraine in the fiscal year that begins Oct. 1, as officials warn earlier funds are running dry with the effort to fight the Russian invasion who is now past six months.

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(Bloomberg) – The White House will ask Congress to provide additional aid to Ukraine in the fiscal year that begins Oct. 1, as officials warn that earlier funds are running out with the fight against the invasion of Russia which is now over six months old.

The administration is seeking $11.7 billion in security and economic assistance for Ukraine in the first quarter of fiscal year 2023, as well as $2 billion to help stave off energy costs imports to increase as Russian President Vladimir Putin cuts supplies.

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Ukraine-related funds are urgently needed, an administration official told reporters on Friday during a call detailing the priorities of the Office of Management and Budget. President Joe Biden signed legislation in May providing $40 billion in aid to Ukraine. But these funds were only intended to last until September.

“As of today, approximately three-quarters of the direct military and fiscal support that Congress has previously provided to Ukraine has been disbursed or committed, and even more is expected by the end of the fiscal year,” the official said. ‘OMB in a statement.

The funding request for the first quarter of fiscal year 2023 will request $7.2 billion for the Department of Defense. Of those funds, $4.5 billion will be earmarked for equipping Ukraine and replenishing Pentagon inventory, with $2.7 billion for other military, intelligence, and defense support. The White House is requesting $4.5 billion from the State Department and USAID to continue supporting the Ukrainian government.

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The $2 billion energy-related demand includes $1.5 billion worth of uranium to fuel US nuclear reactors – in a bid to offset any dwindling Russian energy supply – and $500 million to upgrade the strategic petroleum reserve, according to the OMB.

Covid financing

The administration is also seeking billions in additional funds to fight the Covid-19 pandemic and monkeypox, as well as for disaster relief.

The White House will formally ask lawmakers to add the $47.1 billion overall request to an interim funding measure to keep the government running beyond Sept. 30. The applications would provide sufficient funding for three months – the remainder of the 2022 calendar year.

The White House request includes $22.4 billion to fight Covid, including for testing, accelerating research and development of next-generation vaccines, and preparing future variants.

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Previous negotiations on an additional Covid spending bill stalled in part due to the Biden administration’s plan to end immigration restrictions amid the pandemic.

The request comes as the United States plans a Covid recall surge in September with reformulated injections to treat omicron variants. The government does not have enough Covid funds to deal with a possible increase in cases this fall, the administration official told reporters on Friday.

Officials are also seeking $4.5 billion to fight the monkeypox outbreak, including $3.9 billion for domestic resources and $600 million for international assistance. The national portion includes $1.6 billion for the supply of vaccines and therapeutics.

Kentucky – the home state of Republican Senate Leader Mitch McConnell – is said to be among the beneficiaries of the $6.5 billion disaster relief request, after the state experienced extreme flooding. The request includes $2.9 billion for the Federal Emergency Management Agency’s Disaster Relief Fund.

OMB Director Shalanda Young said in a blog post on Friday that a short-term stopgap would be needed, but she was “confident that Congress can reach a funding agreement” later in the year. ‘year.

(Updates with details throughout on Covid, monkeypox, disaster relief requests)



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