Senate Nears $95.3B Aid Approval; TikTok Ban Looms
April 23, 2024The 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
Get a daily email with more World News stories
Sources
The New York Times • Apr 23, 2024
Wednesday Briefing: Senate Votes on Ukraine AidThe New York Times • Apr 23, 2024
Senate Moves Toward Approving Aid to Ukraine, Israel and TaiwanThe New York Times • Apr 23, 2024
Here’s What’s in the Foreign Aid Package for Ukraine, Israel and TaiwanThe New York Times • Apr 23, 2024
Here’s What’s in the Foreign Aid Package That Is Headed Toward Becoming Law