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VisitPrimary reason for failure of Ukraine debt forgiveness if not enacted by Feb 28, 2025
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Rep. Massie Blocks Biden's $4.65B Ukraine Debt Forgiveness
Nov 21, 2024, 12:26 AM
Representative Thomas Massie has introduced House Joint Resolution 224 to block President Joe Biden's attempt to forgive $4.65 billion of Ukrainian debt owed to U.S. taxpayers. This move comes as Biden's term nears its end, with critics labeling it an 'America Last' policy. Senator Rand Paul also forced a vote on a similar resolution, highlighting the burden this debt forgiveness would place on American taxpayers already struggling with inflation. The resolution aims to prevent Biden from shifting the financial responsibility of Ukraine's debt, including funding for businesses, farmers, and corrupt bureaucrats, onto the shoulders of hardworking Americans.
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