“We expect the administration not to wait until the eleventh hour if the Ukrainians need more before the end of the fiscal year.” Susan Collins said during a Department of Defense budget hearing last week. “It is critical that the administration provide Ukraine with what it needs in time to defend and take back its sovereign territory,” Sen. To date, the US has dispersed weapons and supplies to Ukraine through the Ukraine Security Assistance Initiative and the Presidential Drawdown Authority, which draws directly from Pentagon weapons stocks and requires replenishment funding.Ĭongressional staffers told CNN that based on how much the administration has been spending every month, they believe the remaining funds could run out sooner than September – and they have not yet heard from administration officials about whether the White House will request additional funding once that money is depleted. White House and Pentagon officials told CNN that they are anticipating having to ask Congress for more funding, but want to first determine how to distribute the money they already have. Garn added that the Pentagon “continues to assess planned obligations for remaining FY 2023 funding and evaluate as the situation evolves to support battlefield successes during new offensives in the Spring.” Garron Garn told CNN that of the $36 billion in emergency supplemental funding the Pentagon received to aid Ukraine for 2023, “$2.3 billion remains available for Presidential Drawdown Authority (PDA is an authority and not funding) and $4.0 billion for the Ukraine Security Assistance Initiative (USAI).” US assessing potential damage of Patriot missile defense system following Russian attack near Kyiv Ibrahim Erikan/Anadolu Agency/Getty Images The administration requested this kind of additional funding to help support Ukraine four times last year, in March, May, September and December.įile photo show a Patriot Air Defense system. The supplemental was meant to last through September 30, 2023. In December, Congress approved the administration’s request for an additional $48 billion to help arm Ukraine and combat the Covid-19 pandemic, $36 billion of which was specifically allocated for Ukraine. Administration officials told CNN that they anticipate that the White House’s Office of Management and Budget will have to ask Congress for more Ukraine funding once the current batch – approved by Congress in December – runs out. The White House statement comes amid some anxiety on Capitol Hill about what they say is the administration’s lack of clarity on the issue. “As we get closer to the end of the fiscal year, we’ll reevaluate and determine what additional resources are needed.” “Thanks to the bipartisan Congressional support for Ukraine, we believe we have the resources we need through the end of this fiscal year,” a White House spokesperson told CNN. The Money House, Inc., is an Equal Housing Lender.The White House says it is not currently planning to ask Congress for new Ukraine funding before the end of the fiscal year at the end of September, pitting administration officials against some lawmakers and congressional staffers who are concerned that the funds could run out by mid-summer. THE CONTENT ON THIS WEBSITE WAS NOT FROM AND WAS NOT APPROVED BY HUD OR FHA. All Borrowers are subject to complete program criteria and underwriting guidelines. This is not a commitment to lend or a loan approval. Terms and site content subject to change without notice. For consumer information please paste into your browser. The information contained on this website is for authorized licensed mortgage professionals only and is not intended or to be used for access by consumers. Not all products, programs and options are available in all states. NMLS # 169716: Corporate Office: 52 Paseo Covadonga St., San Juan, PR, 00901 78 Licensed by the Commissioner of Financial Institutions of Puerto Rico #IH-040 California: Department of Business Oversight under the California Residential Mortgage Lending Act, License #41DBO-46418 Florida: Florida Mortgage Lender License MLD821 Georgia: Georgia Department of Banking and Finance # 47451 Illinois: Illinois Residential Mortgage License # MB 6761152 Tennessee: Tennessee Department of Financial Institutions #128757 Texas: Texas SML Mortgage Company Branch License NMLS ID #1392959, for additional consumer information refer to the Texas Consumer Complaint and Recovery Fund Notice located on our main website legal page.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |