Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

US sending Ukraine $300 million in weapons despite lacking funds to replenish its own stockpiles

by March 13, 2024
March 13, 2024
US sending Ukraine $300 million in weapons despite lacking funds to replenish its own stockpiles

The Pentagon announced Tuesday it is sending around $300 million in weapons to Ukraine to help the beleaguered country in its ongoing fight against Russia.  

The security package is the Pentagon’s first for Ukraine since December, when it acknowledged it was out of replenishment funds, being deeply overdrawn and needing at least $10 billion to replenish all the weapons it has pulled from its stocks to help Kyiv.

Asked Tuesday to explain how the U.S. was able to scrounge up the aid, Maj. Gen. Pat Ryder said it was the result of the Department of Defense negotiating contracts to replenish those weapons in U.S. stockpiles. 

‘Because of those negotiations, we budgeted the full amount of appropriated funds for those contracts. But because of those negotiations, those contracts came in under budget. And so we have a modest amount of funding available,’ Ryder said, acknowledging that the DOD was still out of ‘replenishment funds.’ 

‘We’re able to use these cost savings to make up this modest amount of new security assistance available right now without significantly impacting military readiness because of the situation in Ukraine,’ Ryder added. ‘Obviously, they are in an existential fight. They have an urgent need for help. So, this is a way we can provide a small amount of assistance urgently right now.’ 

He could not say when the aid would arrive in Ukraine, but predicted that the weapons would last in the ‘weeks’ time frame’ – ‘nowhere even close to what they need to be able to continue to sustain this fight.’ 

U.S. officials have warned for months that Ukraine is running dangerously low on munitions. But efforts have stalled in the House over Republican opposition to efforts to tie Ukraine aid to border security. 

The replenishment funds have allowed the Pentagon to pull existing munitions, air defense systems and other weapons from its reserve inventories under presidential drawdown authority, or PDA, to send to Ukraine and then put contracts in order to replace those weapons, which are needed to maintain U.S. military readiness.

House Speaker Mike Johnson has refused to bring the $95 billion package, which includes aid for Ukraine, Israel and Taiwan, to the floor. 

Ukrainian President Volodymyr Zelenskyy has repeatedly implored Congress to help fight a vastly better-supplied Russia, but House Republican leadership has not been willing to bring the Ukraine aid to the floor for a vote, saying any aid must first address the U.S.’ border security needs.

The United States has committed more than $44.9 billion in security assistance to Ukraine since the beginning of the Biden administration, including more than $44.2 billion since the beginning of Russia’s invasion on Feb. 24, 2022.

Polish leaders were in Washington Tuesday to press the U.S. to break its impasse over replenishing funds for Ukraine at a critical moment in the war. Polish President Andrzej Duda met with Democratic and Republican leaders in the House and Senate and was to meet with President Joe Biden later in the day.

The Associated Press contributed to this report.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Biden impeachment effort starting to ‘lose steam,’ House Republicans say
next post
Schiff spars with Hur in heated exchange over report that ‘disparaged’ Biden: ‘That did not happen’

You may also like

Wisconsin, North Carolina latest states to ban TikTok...

January 13, 2023

Massie spars with pro-Israel group over proposed $14B...

November 1, 2023

Walz ripped for ‘sickening’ use of Nazi-era language...

May 19, 2025

Hunter Biden tries to avoid in-person arraignment in...

September 19, 2023

Never Say Never-Trump: Biden leaves GOP moderates with...

April 7, 2024

Trump campaign demands Biden debate him ‘much earlier’...

April 12, 2024

DAVID MARCUS: Why Trump’s major triumphs will outlast...

July 24, 2025

Most Republicans support Trump ordered military strike on...

June 24, 2025

Flashback: Fetterman Says “It’s Impossible to Say” If...

September 21, 2022

Federal judge skeptical of effort to block Musk’s...

February 17, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • CHARLIE KIRK: Republicans must seize Gen Z moment or risk losing an entire generation

      July 26, 2025
    • Technology in Hospitality: Innovations Shaping Guest Experiences

      July 26, 2025
    • British Factories Are Getting Smarter—But It’s Not Where You Think

      July 26, 2025
    • Navigating Risk and Reinvention: A Conversation with Krishen Iyer

      July 26, 2025
    • Budget-Friendly Compliance Tips for Growing Operations

      July 26, 2025
    • Europeans meet with Iranian officials face-to-face for first time since Israel, US bombings as sanctions loom

      July 26, 2025

    Categories

    • Business (8,580)
    • Investing (2,151)
    • Politics (16,204)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved