• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, April 30, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in USA

US Senator Causes Delay to $40bn Ukraine aid Package

M.Cby M.C
May 13, 2022
Reading Time: 3 mins read
Senator, Rand Paul

Senator, Rand Paul

United States (US) Senator, Rand Paul, has single-handedly delayed the passage of a $40bn aid package for Ukraine.

The decision by Senator Paul is on the basis that the huge sum ($40bn) is more than what the US spent on many domestic programmes, and for that reason, it will deepen federal deficits, which will also lead to worsening inflation in the country.

He stressed that “No matter how sympathetic the cause, my oath of office is to the national security of the United States of America, adding that “We cannot save Ukraine by dooming the US economy”. But supporters of the legislation have contested Senator Paul’s characterisation, pointing out that the approval would rather represent a massive increase in US military and economic aid approval.

Senate Minority Leader, Mitch McConnell, who is one of the chamber’s highest-ranking Republicans, intimated that “Helping Ukraine is not an instance of mere philanthropy”. He also added that “It bears directly on America’s national security and vital interests that Russia’s naked aggression not succeed and carries significant costs”.

ADVERTISEMENT

On the other side, Senate Majority Leader, Chuck Schumer, who is also tagged as the highest-ranking Democrat, accused Paul of making “reckless demands”. According to Senate Schumer, “The package is ready to go, the vast majority of senators on both sides of the aisle want it”.

Senate Rules & Funds Support

Under Senate rules, it requires that unanimous consent among legislators is agreed upon to bypass lengthy procedural steps that can delay the passage of legislation.

Already, the allocation of the funds has received bipartisan support in the Senate and it was in the US House of Representatives earlier this week. It is also supported by US President, Joe Biden, with his administration warning that the remaining authorised funds for Ukraine would run out by May 19, 2022.

When the pending $40bn is combined with the $13.6bn Congress approved in March 2022, it would push the US aid package to Ukraine well above $50bn. According to the nonpartisan Congressional Research Service, the over $50bn package to Ukraine is $6bn more than what the US spent on military and economic aid around the world in 2019.

A Breakdown of the aid Package

The breakdown of the package for Ukraine includes $6bn for intelligence, equipment and training for its forces, plus $4bn in financing to help Kyiv and NATO allies build up their militaries.

It also includes $8.7bn for the Pentagon to rebuild stocks of weapons it has shipped to Ukraine and $3.9bn for US troops in the region, as well as $8.8bn to keep the Kyiv government functioning. Additionally, more than $5bn is meant to provide food to countries around the world that rely on Ukrainian crops devastated by the fighting, and $900m to teach English and provide other services to Ukrainian refugees who moved to the US.

The Senate has scheduled a procedural vote on the bill for late Monday afternoon, with its earliest passage expected to be next week. Meanwhile, on Twitter, the Former Ukrainian Ambassador to Austria, Olexander Scherba, decried Paul as a “Putinterian conservative”, adding that “What amazes me is the amount of understanding [Paul] brings for Putin, but not for defending Ukraine’s liberty”.

READ ALSO: Investigations Are Still Ongoing- Marwako Restaurant PRO

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Aid PackageRussiaSenateSenator Rand PaulUkraineUSA
Share4Tweet2Share1SendSend
Please login to join discussion
Previous Post

International Travel set to Grow Steadily through 2025

Next Post

Abidjan: FAO signs a $20 million project to support the ‘Abidjan Legacy Programme’

Related Posts

F4RPH3SKVZFUHOBS3PFNEW2CGE
USA

US-Venezuela Commercial Flights Restored

April 30, 2026
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
USA

Trump Weighs Troop Cut in Germany

April 30, 2026
King Charles III, King of Britain.
USA

King Charles, Queen Camilla Visit National 9/11 Memorial 

April 30, 2026
US Evacuates Personnel From Middle East
USA

Hegseth Faces Questions On Economic Costs Of War With Iran

April 29, 2026

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Recent News

Hon. Emelia Arthur, Minister for Fisheries and Aquaculture Development

Blue Ventures Partnership Overhauls Failed Fisheries Governance Models

April 30, 2026
Dr. John Osae-Kwapong, Democracy and Development Fellow, CDD-Ghana, and Project Director, the Democracy Project

Ghana Witnessing Legal Correction, Institutional Setback in Corruption Fight – Osae-Kwapong

April 30, 2026
First National Bank Introduces Bespoke Luxury Banking Services

First National Bank Introduces Bespoke Luxury Banking Services

April 30, 2026
GSA's Meeting for Land-Based Fish Processing Establishments

GSA Compliance Tactics to Save Ghana’s Fish Exports From Rejection

April 30, 2026
GoldBod CEO with E&P CEO

E&P Sells Off 100% Proceed from Damang Gold Mine to GoldBod

April 30, 2026
Next Post
Desertification

Abidjan: FAO signs a $20 million project to support the 'Abidjan Legacy Programme'

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address