White House asks Congress for $37.7 billion in Ukraine aid

The White House has asked Congress to approve $37.7 billion in additional aid for Ukraine amid Russia’s invasion, a request that comes ahead of both a government funding deadline and the expected flipping of the House to Republican control.

The Biden administration is requesting that Congress authorize $21.7 billion in defense aid to continue providing equipment to Ukraine and to replenish Department of Defense stocks. It is also asking for $14.5 billion for direct budget support to Ukraine, critical wartime investments and security assistance as well as to strengthen global food security and provide humanitarian assistance.

Additionally, $626 million would go to providing nuclear security support for Ukraine and to modernizing the Strategic Petroleum Reserve to reduce domestic energy costs and ensure sustainable access to energy resources. And $900 million would go to help with health care and support services to Ukrainians.

The new funding would be “to ensure that Ukraine has the funding, weapons, and support it needs to defend itself,” an administration official told reporters when previewing the request on Tuesday.

It would be on top of the nearly $19 billion the U.S. has provided in military assistance to Ukraine since Russia’s full-scale invasion in February.

tastytrade logo+
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get an Unusual Whales bonus when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.