Summary
The Biden administration has moved to forgive $4.7 billion in U.S. loans to Ukraine as part of a $9.4 billion loan package authorized by Congress in April to support Ukraine’s government during its war with Russia.
State Department spokesperson Matthew Miller confirmed the decision, which Congress could still block.
The Senate is set to vote on a disapproval motion introduced by Senator Rand Paul, though bipartisan support for Ukraine remains strong.
President Biden is expediting aid ahead of his term’s end, amid concerns President-elect Trump may restrict future support.
Biden’s forgiven the loans that he has the power to forgive. Judges and the House have blocked most of his loan forgiveness moves.
If we can allocate billions of dollars to Israel, we can certainly forgive some of Ukraine’s loans.