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Ukraine’s $61 Billion lifeline is not enough
Reuters ^ | April 29, 2024 | Hugo Dixon

Posted on 04/29/2024 7:10:08 AM PDT by Mount Athos

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Surprise! Right after approving $61 billion, we are told that it is not nearly enough. This author says a minimum of $88 billion is needed each year. At least until the next article asking for $120 billion.

Now they are talking about ramming through an irreversible massive MULTI-YEAR funding plan that would put us on the hook for 10 years. One that Trump somehow could not reverse. 88 billion times 10 is... almost a Trillion dollars.

Enjoy the ridiculous arguments that this won't really cost us a thing because it's a "loan" and the money is spent in the USA. Great why not triple the amount then. We won't see a dime in repayment

1 posted on 04/29/2024 7:10:08 AM PDT by Mount Athos
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To: Mount Athos

2 posted on 04/29/2024 7:10:24 AM PDT by Mount Athos
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To: Mount Athos

Those cronies in DC who haven’t been paid off yet are getting antsy - like hyenas, they want their share of the carcass


3 posted on 04/29/2024 7:12:20 AM PDT by PGR88
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To: Mount Athos

“Ukraine’s $61 Billion lifeline is not enough”

Of course it’s not enough, Ukraine needs weapons that won’t be assembled until 2 to 5 years from now (for many reasons, including suppliers are now shopping malls and pierced-up kids that don’t know which end of a screwdriver to hold).

No doubt the Zeepers here have a solution to this issue, or they wouldn’t have tried to challenge Russia and now Russia and China.


4 posted on 04/29/2024 7:14:38 AM PDT by BobL (A society built on MERIT cannot survive on DEI (ref. South Africa, and now USA))
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To: Mount Athos
The only thing which will satisfy parasite Zelenski is - more of more of more ......etc.
5 posted on 04/29/2024 7:15:21 AM PDT by caww (O death, when you seized my Lord, you lost your grip on me......)
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To: Mount Athos
author states....”How much Kyiv needs in future depends on what sort of war it fights.”

What an asinine statement!

6 posted on 04/29/2024 7:17:05 AM PDT by caww (O death, when you seized my Lord, you lost your grip on me......)
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To: All

Ukraine needs more soldiers! Let’s send ALL of Congress that voted for funds to Ukraine to fight for the cause they believe in.


7 posted on 04/29/2024 7:17:26 AM PDT by BipolarBob (Dementia ain't just a river in Egypt. )
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To: Mount Athos

Uncle Sugar is broke


8 posted on 04/29/2024 7:17:27 AM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: Mount Athos

Takes 18 years to produce a soldier. I wonder if the Ukes have enough time to do that before they run out of bodies?


9 posted on 04/29/2024 7:17:42 AM PDT by ChuckHam
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To: Mount Athos

He thinks they want Ukraine to win.

They don’t. They just want to blame Ukraine’s loss on MAGA.


10 posted on 04/29/2024 7:18:01 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: Mount Athos
A multi-year (Ukraine) funding plan would have several benefits. For a start, it would provide some insurance against U.S. political swings.

Oh Goodie!

Let's Lock In Forever War, and make it impossible for Future US Leaders and Legislators to stop this insanity.

11 posted on 04/29/2024 7:18:37 AM PDT by Navy Patriot (Celebrate Decivilization)
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To: Mount Athos

This Ukraine funding deal has a “loan” component
but it is not a “Loan” as honest people define “loans.”


Speaker Johnson’s Ukraine Foreign Aid Package is another contrived “no-repay loan” like Hunter Biden got from his sugar-daddy who, as a Biden donor, happened to have $60 million handily laying around (like most working class people do /s):
<><>the Ukraine “loan” allows Joe to “Forgive” 50% of the billions Nov 15, when Trump wins,
<><>or lets Biden forgive 100% of “the Loan” Later On (If he pulls off a 2nd election steal)

Rotflol......the billion dollar joke’s on us.....we been suckered again.

Zelensky knows that cunning routine. Its already been tried.
Few years back, billions more of our tax dollars to Israel
were handed out———designated as a do-good foreign aid “loan.”

But when it came time to pay up, Israel got its lobbies to manhandle Congress.

The battered, bruised Congress sap-happily passed a law
.........saving its collective political ***es.......
quickly turning the foreign aid “loan” billions into a “gift.”


12 posted on 04/29/2024 7:21:31 AM PDT by Liz (This then is how we should pray: Our Father who art in heaven, Hallowed be thy name. )
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When conservatives in Congress pressed the Biden admin to provide the real cost of the Ukraine war in Jan 2023, the lawmakers estimated the U.S. had spent “a minimum of $114 billion.”
<><>Now, with added OMB information, Cong Vance and company estimate the current total to Ukraine amounts to at least $125 billion—$14 billion over what the OMB had previously claimed.
<><>That’s not all.....Biden could give Ukraine another $4B billion via weapons transfers from US stockpiles under Presidential Drawdown Authority.
<><>This would bring the total amount to Ukraine to $129 billion.

When Biden’s OMB got around to responding almost eight months later, the OMB claimed, through an opaque and admittedly incomplete data sheet, that Ukraine aid totaled $111 billion.
<><>“The deficiencies in OMB’s response were numerous,” said of the OMB’s Sept 2023 response.
<><>“did not account for 100’s of millions of dollars in base appropriations for Ukraine’s Security Assistance Initiative.
<><>It omitted the administration’s ‘$6.2 billion in ‘freed-up’ authority’ to send weapons to Ukraine,
<><>which meant that ‘certain numbers in OMB’s spreadsheet, as well as dollar figures the administration provided for at least some previous Ukraine-related drawdowns, are outdated.’
<><>It did not allow us to determine ‘what obligations, apportionments, and outlays the administration has undertaken for other countries in response to the Ukraine conflict.’”

Cong Vance and company concluded Biden OMB’s Sept 2023 response was “nonresponsive.” In a follow-up letter sent September 28, 2023, they added that
<><>“If OMB’s spreadsheet is to be relied on to produce such a figure—and we believe it cannot be—it is around $111 billion.
<><>It would appear likely that the data you have yet to provide would raise this figure by an indeterminate magnitude.

“Every one of these assertions has been validated,” the Tuesday letter claims. On March 8, 2024, “nearly six months after we again requested a full accounting of Ukraine spending, more than a year after our original request, and one business day before the OMB director was scheduled to testify before the Senate Budget Committee,” the letter notes, OMB finally decided to hand over “another tranche of information.” What it included was shocking.

<><>The latest OMB data to Congress revealed, according to the lawmakers’ letter,
<><>Biden failed to report at least another $684 million in appropriated Ukraine spending,
<><>left out another $900 million in DOD assistance connected to the Ukraine war,
<><>and a number of other pitfalls that has undercounted the total amount of Ukraine aid by a magnitude of billions.
There could be more, too, as lawmakers included a list of 14 probing questions and information requests in their latest correspondence with the OMB director.

No surprise—it’s not Joe Biden’s money at stake........ just the American people’s tax dollars.


Bradley Devlin is the political editor for The American Conservative. Previously, he was an Analysis Reporter for the Daily Caller, and has been published in the Daily Wire and the Daily Signal, among other publications that don’t include the word “Daily.” He graduated from the University of California, Berkeley with a degree in Political Economy. You can follow Bradley on Twitter @bradleydevlin.


13 posted on 04/29/2024 7:22:15 AM PDT by Liz (This then is how we should pray: Our Father who art in heaven, Hallowed be thy name. )
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To: Mount Athos

Expecting the GoFundMe of Zelensky any day now.


14 posted on 04/29/2024 7:22:32 AM PDT by xoxox
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To: BipolarBob

If Ukraine can hold on until after the election, if Biden somehow manages to win, the call from establishment will be full NATO involvement in the war including ground troops.

Between now and election day, any amount of money to keep Ukraine going will be approved, until they feel safe to call for ground troops.


15 posted on 04/29/2024 7:22:46 AM PDT by srmanuel ( )
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To: PGR88

blackmail - the minute the US stops these massive payoffs, Zelensky and a dozen or more Ukrainians who know the story begin talking. And some high profile persons (the Bidens et al) go to prison.


16 posted on 04/29/2024 7:23:57 AM PDT by elpadre
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To: Mount Athos

Russia has nukes. Are we going to loan Ukraine nuclear weapons? If not, how do they plan to defeat them?


17 posted on 04/29/2024 7:24:26 AM PDT by TornadoAlley3 ( I'm Proud To Be An Okie From Muskogee)
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To: Navy Patriot

If this is soooooo important to the euros why don’t they stand up with the funds? The rich socialist losers need to sell their investments and properties to support the ukranians? Maybe z’s worthless wife could stop her shopping trips to Paris? What a bunch of criminal grifters.


18 posted on 04/29/2024 7:24:37 AM PDT by hal ogen (First Amendment or Reeducation Camp??)
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To: dfwgator

100% agree. They are using this new bill money to order weapons for delivery YEARS from now instead of just pulling old junk out of storage and sending it now whe it needed. 3700 old model Abrams tanks are in storage. Brandon has sent 31. If Trump had these policies he would have been impeached and most likely removed from office. Guaranteed.


19 posted on 04/29/2024 7:25:57 AM PDT by lodi90
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To: Mount Athos

Wasn’t one of the lefts berating chants to Reagan and Bush “No war for profit!!”?


20 posted on 04/29/2024 7:28:10 AM PDT by jughandle
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