this post was submitted on 21 Nov 2024
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Summary

The Biden administration has moved to forgive $4.7 billion in U.S. loans to Ukraine as part of a $9.4 billion loan package authorized by Congress in April to support Ukraine’s government during its war with Russia.

State Department spokesperson Matthew Miller confirmed the decision, which Congress could still block.

The Senate is set to vote on a disapproval motion introduced by Senator Rand Paul, though bipartisan support for Ukraine remains strong.

President Biden is expediting aid ahead of his term’s end, amid concerns President-elect Trump may restrict future support.

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[–] sensiblepuffin@lemmy.world 40 points 1 day ago (1 children)

Biden's forgiven the loans that he has the power to forgive. Judges and the House have blocked most of his loan forgiveness moves.

If we can allocate billions of dollars to Israel, we can certainly forgive some of Ukraine's loans.

[–] technocrit@lemmy.dbzer0.com 2 points 22 hours ago* (last edited 22 hours ago) (1 children)

~~If we can~~ The state shouldn't allocate billions of dollars to Israel, ~~we can~~ but they should certainly forgive some of Ukraine’s loans.

[–] sensiblepuffin@lemmy.world 3 points 22 hours ago

True and true.