The Biden-Harris government has moved to forgive approximately $4.7 billion in U.S. loans to Ukraine. During a press briefing on Wednesday, Miller indicated that this decision was aligned with legal provisions but noted that Congress retains the authority to reverse it.
This recent development is part of a broader pattern of financial and military support from the U.S. to Ukraine, with the government’s total expenditure nearing $60 billion. In April, Congress passed legislation that included $9.4 billion in loan forgiveness for Ukraine as part of a package allocating $61 billion for military resources and governmental operations.
Senator Rand Paul (R-KY) introduced a motion to block further loan forgiveness.
As President Biden approaches the conclusion of his term, he stands accused of attempting to prolong the conflict at almost any cost. Biden has boosted financial and military aid, positioning the U.S. as the single most critical ally in the war.
President-elect Donald Trump has indicated plans to pursue a peace agreement soon after taking office on January 20. This stands in contrast to recent actions from the departing government, which include approving missile strikes within Russia and the deployment of anti-personnel landmines in Ukraine. These moves have led to heightened tensions and threats of retaliation from Russia.
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