Insiders Advisor
  • Stocks
  • World News
  • Business
  • Politics
  • Stocks
  • World News
  • Business
  • Politics

Insiders Advisor

Politics

Senate approves $95B aid package for Ukraine and Israel, TikTok divestment, awaits Biden’s signature

by April 24, 2024
April 24, 2024
Senate approves $95B aid package for Ukraine and Israel, TikTok divestment, awaits Biden’s signature

A $95 billion package with aid to both Ukraine and Israel passed the Senate on Tuesday night after the House’s various adjustments were approved in the lower chamber over the weekend. 

By a vote of 79 to 18, the Senate sent the package to President Biden’s desk, and he is expected to sign off on the additional foreign aid. It notably passed with more votes than the previous Senate-passed version had garnered in February.

The package ultimately included aid to Ukraine, Israel and Taiwan, alongside measures requiring TikTok to divest from Chinese-owned ByteDance and to allow $5 billion in Russian assets held in U.S. banks to be transferred to Ukraine.

Biden had initially requested the supplemental foreign aid in October. A different version of the package with funds for Ukraine, Israel and Taiwan passed the Senate in February but was never voted on in the House. 

Under the measures, roughly $61 billion is set aside for supporting Ukraine in the war against Russia, about $26 billion is allotted for Israel and humanitarian aid, and nearly $8 billion is provided for the Indo-Pacific and Taiwan.

The Senate cleared the way for quick passage of the bills earlier on Tuesday when it voted in favor of invoking cloture, 81-19.

After the cloture motion passed, Senate Majority Leader Chuck Schumer, D-N.Y., celebrated, telling senators in floor remarks, ‘In a resounding bipartisan vote, the relentless work of six long months has paid off: Congress is sending the supplemental to President Biden’s desk.’ 

‘This is an important day for America and a very important day for freedom-loving countries around the world,’ Senate Minority Leader Mitch McConnell, R-Ky., remarked to reporters following the vote to invoke cloture. 

Prior to the cloture vote, a significant number of senators sought a motion to table an amendment tree, which blocks other amendments from being considered in regular order. The motion to table was a close vote, with 48 supporting it and 50 voting against, allowing the amendment tree to stand.

Sen. Bernie Sanders, I-Vt., released a statement following the motion’s failure, noting that it meant his amendment wouldn’t be considered. He wanted to see votes on his two amendments to the package, which would have ended unconditional aid to Israel and restored funding to the United Nations Relief and Works Agency (UNRWA). 

‘Polls show that a majority of Americans, and a very strong majority of Democrats, want to end U.S. taxpayer support for Netanyahu’s war against the Palestinian people,’ Sanders said in a statement. ‘It is a dark day for democracy when the Senate will not even allow a vote on that issue.’ 

A number of Republican lawmakers also wanted votes on their respective amendments, including Sen. Mike Lee, R-Utah, who proposed an amendment to require repayment of the foreign aid loan to Ukraine, in order to make it ‘real.’ 

If any amendments were passed in the Senate, the bill would be sent back to the House for its consideration once again. 

This post appeared first on FOX NEWS
previous post
Trump v US: SCOTUS likely to determine presidents get ‘some amount’ of immunity, experts say
next post
Pinpoint the Next Buying Opportunity in SPY

Related Posts

Trump admin sanctions Brazilian judge overseeing Bolsonaro coup-plot...

July 30, 2025

Trump talks with Putin, spars with South African...

May 24, 2025

Trump Health Secretary nominee RFK Jr clears Senate...

February 4, 2025

GOP lawmakers rebuke Elon Musk’s primary threats, say...

July 3, 2025

Republicans weigh in on what they hope and...

July 18, 2024

Hunter Biden attends pre-trial hearing in Delaware court...

May 25, 2024

Nearly 1,000 Americans in Haiti plea for help,...

March 19, 2024

Biden’s DEI mandates creating very real national security...

April 3, 2024

Trump blasts Harris as part of Truth Social...

August 23, 2024

Cozy ties between top Newsom ally and CCP...

March 12, 2025

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Trump appointee exits US foreign aid agency after four-month sprint: ‘Mission accomplished’

      August 31, 2025
    • Sen. Bernie Sanders calls on RFK Jr. to resign following departure of CDC officials

      August 31, 2025
    • Israel eliminates Houthi prime minister in Yemen airstrike targeting senior government officials

      August 31, 2025
    • Dyan Cannon denied White House entry after lying about her age on passport documents

      August 30, 2025
    • Epstein estate to hand over ‘birthday book’ to lawmakers, House Dem says

      August 30, 2025
    • CDC official who blasted Trump’s ‘weak science’ led politicized Biden-era monkeypox response

      August 30, 2025

    Categories

    • Business (1,375)
    • Politics (6,896)
    • Stocks (904)
    • World News (462)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: insidersadvisor.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 insidersadvisor.com | All Rights Reserved