Don't Miss Out: Biden's Address on Congress-Approved Foreign Aid Bill Live Now

The Senate passed the package in a bipartisan vote Tuesday evening, and the president has said he will sign it.

Don't Miss Out: Biden's Address on Congress-Approved Foreign Aid Bill Live Now
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24 Apr 2024, 05:47 PM
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Washington — President Biden is scheduled to address the nation from the White House regarding a much-anticipated foreign aid package aimed at providing support to Ukraine, Israel, and Taiwan. Additionally, the package includes a provision that could potentially result in a ban on TikTok.
The bipartisan Senate passed the package on Tuesday evening, and President Biden has expressed his intention to sign it into law. Following the signing, the Pentagon is expected to deliver a weapons package worth approximately $1 billion to Ukraine, as confirmed by U.S. officials earlier this week.
The White House initiated the process of securing foreign aid over six months ago, facing significant challenges along the way, particularly due to conservative opposition to aid for Ukraine. However, the $95 billion package ultimately garnered strong bipartisan support. In a surprising twist, House Speaker Mike Johnson's endorsement led to the House's approval of the legislation over the weekend.
The comprehensive package includes $60.8 billion in aid for Ukraine, $26.4 billion to bolster Israel and provide humanitarian assistance to Gaza, and $8.1 billion for allies in the Indo-Pacific region. Moreover, the legislation contains provisions allowing for the sale of assets belonging to Russian oligarchs that were previously frozen. Additionally, there is a stipulation that could potentially result in a ban on TikTok if the platform is not divested within a year.

Although many congressional Republicans had opposed aid to Ukraine without addressing domestic border security, enough members ultimately coalesced behind the aid in both chambers to join with Democrats to approve the assistance without immigration provisions. A bipartisan group of senators worked for months to negotiate border security reforms to accompany the aid. But that agreement fell apart after former President Donald Trump urged GOP lawmakers to reject the deal.

After the aid package with border security components fell short, the Senate passed the assistance on its own. But Johnson blocked the bill from being brought up in the House, saying that the lower chamber would find its own path forward. 

Ultimately, the aid package, which the House passed in four separate bills before it was sent to the Senate as a single passage, closely resembles what the Senate approved months ago. But it did include provisions to make it more palatable to Republicans, like offsetting the Ukraine aid with a partial loan structure and allowing the sale of Russian oligarch's frozen assets. 

The TikTok provision came as a late addition to the foreign aid, after the House had approved a standalone bill earlier in the year. The widely popular video-sharing app, which is owned by a China-based company, has been under fire by U.S. officials in recent years amid warnings that China's government could gain access to its data and use it to spy on or manipulate Americans. But the standalone bill that could lead to a ban of the app faced some headwinds in the Senate. 

Within the foreign aid package, a final provision regarding TikTok has been included. This provision mandates that the parent company of TikTok must sell the app within a year. Interestingly, this deadline falls after the upcoming November election and represents an extension from the original House bill. Despite facing resistance from a segment of young voters and a strong lobbying campaign by TikTok, the opposition to this provision eventually faded away.