$40 Billion From America Found Destination

by Olha Povaliaieva
Saturday, May 21, 2022
$40 Billion From America Found Destination

On May 21, the president of the United States of America signed a law on aid to Ukraine

"On Saturday, May 21, 2022, the president signed Law H.R. 7691 on additional appropriations for Ukraine, 2022, which provides for additional emergency allocations for the fiscal year 2022 to federal agencies to respond to the situation in Ukraine and to provide assistance to Ukraine," White House press office reported.

Support of American politicians and lend-lease in operation. In just 10 days, the law on aid to Ukraine passed in three stages:

  • House of representatives vote (11 May);
  • Senate vote (19 May);
  • The president of the United States signed the law (21 May).

Signing the bill could have gone faster. On May 13, representatives of the presidential party tried to agree on a simplified voting system. However, opposition figure Rand Paul demanded to observe the rules and appoint a commission.

A commission has been appointed to oversee the disbursement of funds. The White House has expressed its opinion. Joseph Biden signed a bill to give Ukraine $40 billion for military purposes. Now the aid must go to Ukraine to maintain combat capability. This financial assistance is necessary for the uninterrupted supply of military weapons to Ukraine.

Note that Washington for the first time provided such a sum to another country. No country has received such financial assistance for the past 20 years.

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