Russia Ukraine War: White House says it is nearly out of money to help Ukraine

By Stermy 2 Min Read

Shalanda Young, the White House budget director, sent a serious warning in a letter to Republican House Speaker Mike Johnson and other congressional leaders on Monday. She emphasized that the United States is quickly running out of both time and money to aid Ukraine in its war against Russia.

To provide some context, back in October, President Joe Biden’s administration requested almost $106 billion from Congress. This hefty sum was intended to support ambitious plans not only for Ukraine but also for Israel and U.S. border security.

However, the House of Representatives, where Republicans hold a slim majority, has turned the funding for Ukraine into a political controversy, especially among some right-leaning lawmakers.

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In her letter, the White House budget chief cautioned Congress that if they don’t agree on additional funds for Ukraine by the end of the year, it would severely impact Kyiv’s ability to defend itself.

She stated plainly that without prompt action, the U.S. will exhaust resources to acquire more weapons and equipment for Ukraine and to provide equipment from U.S. military stocks.

Young underscored that there is no magical source of funding available to address this critical situation, and the U.S. is running out of both money and time.

“I want to be clear: without congressional action, by the end of the year we will run out of resources to procure more weapons and equipment for Ukraine and to provide equipment from U.S. military stocks, there is no magical pot of funding available to meet this moment. We are out of money — and nearly out of time.” she wrote.

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