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US ‘out of money’ for Ukraine: the aid standoff

The White House issued an urgent warning to Congress on Monday, predicting that Ukraine will soon lose ground in its war against Russia without another infusion of financial aid from the US.

“I want to be clear: without congressional action, by the end of the year we will run out of resources to procure more weapons and equipment for Ukraine and to provide equipment from US military stocks,” Shalanda Young, the director of the Office of Management and Budget, wrote in her letter to congressional leaders.

“There is no magical pot of funding available to meet this moment. We are out of money – and nearly out of time.”

In October, the White House asked Congress to approve a $106bn supplemental funding bill that would provide assistance to Ukraine, Israel and other allies in the Indo-Pacific while also strengthening border security. However, bipartisan negotiations over that bill have now stalled.

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