Senate Nears $95.3B Aid Approval; TikTok Ban Looms

April 24, 2024
Senate Nears $95.3B Aid Approval; TikTok Ban Looms
  • The US Senate is nearing approval of a substantial $95.3 billion foreign aid package aimed at Ukraine, Israel, and Taiwan, with broad bipartisan support.

  • The package includes significant military funding for Ukraine, amounting to $60.8 billion, with a directive to increase the supply of American-made missiles to Kyiv.

  • New sanctions on Iran and Russia are part of the aid package, underscoring the US's ongoing geopolitical strategy against these nations.

  • The legislation also addresses tech and security concerns, including a potential measure that could lead to a nationwide TikTok ban over espionage and data privacy issues.

  • A vote is impending on whether to force TikTok's Chinese owner, ByteDance, to divest the app's U.S. operations, a move that could reshape the social media landscape and impact Meta Platforms' market position.

Summary based on 66 sources


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Sources

Wednesday Briefing: Senate Votes on Ukraine Aid

The New York Times • Apr 23, 2024

Wednesday Briefing: Senate Votes on Ukraine Aid

Senate Moves Toward Approving Aid to Ukraine, Israel and Taiwan



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