According to the latest news, Biden** has submitted an emergency funding request to Congress, planning to provide a total of $106 billion in funding for military operations in Israel and Ukraine. Of this, Ukraine will receive about $60 billion in support. This move shows the determination of the United States to defend Ukraine against Russian forces, but the ensuing impasse in negotiations has made the situation foggy.
U.S. Treasury Secretary Janet Yellen told reporters in Mexico City on Dec. 5 that the situation is urgent and that the United States will be responsible for Ukraine's defeat if it fails to provide Ukraine with the promised funds, Bloomberg reported. She pointed out that Ukraine is fully defending against the Russian offensive and devoting all its tax revenues to military defense, while U.S. assistance is crucial and directly related to the maintenance of critical services such as local schools and hospitals.
The White House revealed that the current funding for Ukraine is expected to run out by the end of the year. However, Republican lawmakers stressed that they would only agree to the aid package if the Democrats and Biden made substantial concessions on immigration policy to control the surge in immigration at the U.S.-Mexico border. This brought the negotiations to an impasse, and Ukrainian Zelensky even canceled plans to address US parliamentarians.
Yermak, director of the Ukrainian ** Office, said during his visit to the United States that if the United States delays aid to Ukraine, the Ukrainian army will have to stick to its current frontline positions, forcing it to switch to defense, thus facing a significant risk of "losing" in the Russian-Ukrainian conflict. He further noted that Ukraine will also face serious fiscal risks without direct support from the United States, as Ukraine's fiscal deficit is expected to be as high as $43 billion by 2024.
The situation underscores the serious challenges facing Ukraine, not only militarily but also financially. The international community's concern and expectations for Ukraine are rising, and it is hoped that all parties can resolve the impasse in the negotiations as soon as possible and provide Ukraine with much-needed support to stabilize the regional situation and ensure peace and security.