Current:Home > MyBiden signs foreign aid bill into law, clearing the way for new weapons package for Ukraine -FutureWise Finance
Biden signs foreign aid bill into law, clearing the way for new weapons package for Ukraine
View
Date:2025-04-14 15:38:33
Washington — President Biden signed into law a long-sought foreign aid package on Wednesday that includes tens of billions of dollars in assistance to Ukraine, Israel and Taiwan, along with a measure that could lead to a ban on TikTok in the U.S.
"It's a good day for America, it's a good day for Europe and it's a good day for world peace," Mr. Biden said in remarks from the White House. "It's going to make America safer, it's going to make the world safer and it continues America's leadership in the world and everyone knows it."
The Pentagon soon announced a new round of military aid for Ukraine worth roughly $1 billion. The aid package is the largest drawdown of weapons from Defense Department inventories for Ukraine since January 2023.
The president said the U.S. would begin sending weapons and military equipment to Ukraine "in the next few hours."
"We are going to begin sending equipment to Ukraine for air defense munitions, for artillery, for rocket systems and armored vehicles," Mr. Biden said.
The White House first sought the foreign aid more than six months ago, kicking off a turbulent path to passage that at times looked doomed amid conservative opposition to Ukraine aid. But the $95 billion package ultimately saw wide bipartisan margins of support. And after an unexpected turn from House Speaker Mike Johnson, the House approved the legislation over the weekend. The Senate passed the package in a bipartisan vote Tuesday evening.
Mr. Biden noted that the package's path to his desk was a difficult one, saying "it should have been easier and it should have gotten there sooner."
"But in the end, we did what America always does — we rose to the moment," he said.
What's in the foreign aid bill
The package includes $60.8 billion in aid for Ukraine; $26.4 billion to support Israel, along with humanitarian aid for Gaza; and $8.1 billion for allies in the Indo-Pacific. The legislation also features provisions to allow the sale of frozen assets of Russian oligarchs and a measure that could ban TikTok if it isn't sold within a year.
Although many congressional Republicans had opposed aid to Ukraine without addressing domestic border security, enough members ultimately coalesced behind the aid in both chambers to join with Democrats to approve the assistance without immigration provisions. A bipartisan group of senators worked for months to negotiate border security reforms to accompany the aid. But that agreement fell apart after former President Donald Trump urged GOP lawmakers to reject the deal.
After the aid package with border security components fell short, the Senate passed the assistance on its own. But Johnson blocked the bill from being brought up in the House, saying that the lower chamber would find its own path forward.
Mr. Biden addressed the lack of border security provisions within the package, saying that the bipartisan agreement "should have been included in this bill," while pledging to "get it done for the American people."
Ultimately, the aid package, which the House passed in four separate bills before it was sent to the Senate as a single passage, closely resembles what the Senate approved months ago. But it did include provisions to make it more palatable to Republicans, like offsetting the Ukraine aid with a partial loan structure and allowing the sale of Russian oligarch's frozen assets.
The president said on Wednesday that "this is a historical moment," adding that "America stands with our friends, we stand up against dictators, we bow to no one, to no one — certainly not Vladimir Putin."
The TikTok provision came as a late addition to the foreign aid, after the House had approved a standalone bill earlier in the year. The widely popular video-sharing app, which is owned by a China-based company, has been under fire by U.S. officials in recent years amid warnings that China's government could gain access to its data and use it to spy on or manipulate Americans. But the standalone bill that could lead to a ban of the app faced some headwinds in the Senate.
The final TikTok provision included in the foreign aid package would force TikTok's parent company to sell the app within a year, a deadline which will notably come after November's election and is an extension from the initial House bill. Despite pushback from some young voters and a lobbying campaign against the move by TikTok, key opposition to the provision ultimately dissipated.
Eleanor Watson contributed reporting.
Kaia HubbardKaia Hubbard is a politics reporter for CBS News Digital based in Washington, D.C.
TwitterveryGood! (211)
Related
- Travis Hunter, the 2
- Italian appeals court reduces sentences for 2 Americans convicted of killing policeman
- Nathan's Hot Dog Eating Contest 2024 time, channel: What to know about July 4th tradition
- Ranger injured and armed person making threats dies at Yellowstone, park says
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Experts doubt Trump will get conviction tossed in hush money case despite Supreme Court ruling
- Ellen DeGeneres cancels multiple shows on 2024 comedy tour
- Britain’s top players at Wimbledon stick to tennis on UK election day
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Ranger injured and armed person making threats dies at Yellowstone, park says
Ranking
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Dress appropriately and you can get a free Krispy Kreme doughnut on July 4th: Here's how
- U.S. woman accused of posing as heiress in scam extradited to the U.K. to face fraud charges
- 2 horses ran onto a Los Angeles freeway and were struck, killed by passing vehicles
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Britain’s top players at Wimbledon stick to tennis on UK election day
- UW-Milwaukee chancellor will step down next year, return to teaching
- Homes are unaffordable in 80% of larger U.S. counties, analysis finds
Recommendation
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
Now-banned NBA player Jontay Porter will be charged in betting case, court papers indicate
Rapper Waka Flocka Flame tells Biden voters to 'Get out' at Utah club performance: Reports
Kim Kardashian, Kendall Jenner and More of Kris Jenner's Kids React After Her Tumor Diagnosis
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
TikTok Executive Govind Sandhu Diagnosed With Stage 4 Cancer at 38
Celebrate July 4th with a hot dog: Best cities for hot dogs, America's favorite hot dog
Why was it a surprise? Biden’s debate problems leave some wondering if the press missed the story