President Biden will ask Congress on Thursday for $33 billion in new funding to support Ukraine as it fights off a renewed Russian assault, while simultaneously pushing a plan to make it easier to seize and sell the assets of Russian oligarchs.
A senior administration official said the funds will ensure Ukraine has the weapons it needs to fight its Russian attackers as well as replenish the U.S.’s own stockpile of weapons that have been rushed to Kyiv.
The amount, which is a combination of U.S. military, economic and humanitarian assistance to Ukraine, is expected to last through September, which is the end of the government’s fiscal year.