White House requests $37.7 billion in Ukraine funding, $10 billion for Covid

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  • Source: CNBC
  • 11/16/2022

The White House is requesting nearly $40 billion in new funding from Congress to support Ukraine and an additional $10 billion for pandemic relief.

The figure includes $21.7 billion for defense purposes like equipment and military support, $14.5 billion in direct funding for the country’s government and humanitarian aid, $626 million in energy assistance and $900 million for health care.

“Since the beginning of Putin’s war, the United States has rallied the world to support Ukraine,” Office of Management and Budget Director Shalanda Young wrote in a letter to House Speaker Nancy Pelosi requesting the funds. “Together, with strong, bipartisan support in Congress, we have provided significant assistance that has been critical to Ukraine’s success on the battlefield — and we cannot let that support run dry.”

Roughly three-quarters of the funding previously approved by Congress has already been spent with more slated to be used before the end of the year, according to administration officials. The amount includes funding to address energy and food shortages as a result of the war.