Biden proposes $1 trillion in social spending cuts after announcing $375 million more for war in Ukraine

At a press conference Sunday following the G7 summit in Hiroshima, Japan, President Joe Biden called on Republican House Speaker Kevin McCarthy to meet face to face to revive talks on a bipartisan plan to slash social spending in return for raising the nation’s debt ceiling and averting a default.

Biden proposes $1 trillion in social spending cuts after announcing $375 million more for war in Ukraine

Slava Slush Fund: despite economic crisis, Congress readies $12 billion more for Ukraine + More

U.S. has now allocated over $80 billion to Kiev.

Sure, financial markets and national currencies are imploding worldwide, but the military industrial regime needs to keep churning, and that means pumping more money into the Slava Slush Fund.

Slava Slush Fund: despite economic crisis, Congress readies $12 billion more for Ukraine

Related:

There’s no debating it: Biden will get billions in new Ukraine aid

“Oversight of Ukraine aid is sorely needed,” Julia Gledhill, a defense analyst for the Project on Government Oversight (POGO), tells Responsible Statecraft. “The State and Defense departments are handling billions of dollars in Ukraine funding, but neither have permanent inspectors general in place to investigate and prevent abuse of funds.”

Senate advances spending bill for Ukraine with $12 Billion

After the Senate invoked cloture for the legislative vehicle to carry out the CR, it will now be up for a full vote by the Senate. The House will next vote on it, likely on Friday.

Report: US Preparing $1.1 Billion Arms Package for Ukraine

The weapons package will likely include HIMARS rocket systems, HIMARS ammunition, counter-drone systems, radar systems, training, and technical support.

The arms package is expected to be provided to Kyiv using the Ukraine Security Assistance Initiative (USAI) as opposed to sending the arms directly from US military stockpiles. The USAI allows the Biden administration to purchase military equipment for Ukraine from the US arms industry.