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Economy

“Congress passes $886 billion defense policy bill, Biden to sign into law”

“More than two-thirds of the U.S. House of Representatives voted in favor of a defense policy bill on Thursday that includes a record $886 billion in annual military spending and authorizes policies such as aid for Ukraine and push back against China in the Indo-Pacific…

The bill extends one measure to help Ukraine, the Ukraine Security Assistance Initiative, through the end of 2026, authorizing $300 million for the program in the fiscal year ending Sept. 30, 2024, and the next one.

However, that figure is a tiny compared to the $61 billion in assistance for Ukraine Biden has asked Congress to approve to help Kyiv as it battles a Russian invasion that began in February 2022…”

https://www.cnbc.com/2023/12/14/congress-passes-886-billion-defense-policy-bill-biden-to-sign-into-law.html

Lets watch Ukraine and see what happens. I think this is just more evidence war in that region is slowing down and will eventually come to an end.

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