Posted on 05/15/2022 8:32:01 AM PDT by Kaslin
Two weeks ago the Biden administration proposed a $33 billion support package for Ukraine. After de-linking COVID-related funding that had managed to latch itself to the proposal, the cost came to $40 billion. Let’s see what’s in there.
“H.R. 7691, Making emergency supplemental appropriations for assistance for the situation in Ukraine for the fiscal year ending September 30, 2022, and for other purposes,” is very short and disturbingly vague. As of this writing, only a draft copy is up here.
Total cost is $39,841,338,500. The title is a bit disingenuous. Less than $8 billion is to be fully expended this year. $16 billion is available through 2023, and $14 billion through 2024. $1.7 billion are no-year funds, held until expended. Does Congress expect this mess to continue for another 28-plus months or maybe forever?
What does this bill tell us? $67 million for the DOJ’s asset forfeiture program makes it looks like these folks have bitten off more than they can chew. Asset forfeiture, which can take up to 10 years to finalize, requires that items in federal custody not deteriorate in value. Managing a super-yacht costs about 10% of the purchase price per year. A yacht valued at $90 million was seized in Spain, at $300 million in Fiji, at $578 million in Trieste, at $735 million in Germany, and so on. Take out, say, 75% for staffing, food, and cruising fuel, and the government is left with $42.5 million for one year’s upkeep on just these four.
(Excerpt) Read more at americanthinker.com ...
This is why people like Rand Paul want an accounting for this 40B.
I see pocket stuffing in the works for elections and fun stuff for politicians.
The weapons we’ve showered on Ukraine have already shown up for sale on the dark web. Islamists are quietly encouraging potential jihadists to buy what they can.
Slava Ukraini!
Slava George Soros!
Slava BLM!
I see a possible attack on our land again using our own weapons. Look at what biden left in afghan. Now what he is giving ukraine. Then taking the countries off the terrorist list. He is just asking for it. Wanting it around election time or right after when he loses.
It's not clear to me how much is for weapons and how much is for economic assistance. Ukraine has 44 million people to feed and now they have factories and entire cities to rebuild.
Economic assistance is probably why the bill stretches into future years.
I want to see a full and public audit.
Pocket change for all the alphabet agencies and the greedy hustlers who populate them.
The _resident is clearly out of his mind.
Congress must stop this nonsense right now.
5 million have left, so it’s 39 million now.
True but I think part of the $40 billion bill includes relief for Ukrainian refugees that are now residing in other countries. I could be wrong.
And presumably once the war is over most of those will go back to Ukraine. So either way, they have to be fed.
Who wants to go back to a country that will be war torn for the next ten years?
It’s their home. Friends and neighbors and family that survived will be there.
A going away laundering service for the rats after the midterm blood bath
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