President seeks $106 billion for Israel, Ukraine and the border, plus $56 billion for domestic priorities such as disaster relief and child care
New House Speaker Mike Johnson faces a Nov. 17 deadline for passing a funding bill to avert a partial U.S. government shutdown, but it’s not his only pressing money matter.
“Growing GOP opposition to funding levels already allocated Kyiv and Americans’ generally low long-term tolerance for foreign wars all but guarantee changes to the Administration’s request,” the 22V team added on Ukraine. “Speaker Johnson reportedly told his conference that Ukraine assistance is important but needs expenditure controls and close auditing to receive his support.”
Disaster aid could have the best prospects Biden’s domestic proposal, announced Wednesday, includes $24 billion for disaster response and related matters, $16 billion to support the child-care sector after its pandemic funding expired Sept. 30, $6 billion to extend free or discounted high-speed internet for low-income households and other smaller requests.
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