Official announcements from the US Small Business Administration or Congress

Biden-Harris Administration Sends $425 Million to Ukraine, $157 Million to Lebanon Amid Domestic Aid Shortages

Oct 16, 2024, 06:50 PM

The Biden-Harris administration has announced a new $425 million aid package for Ukraine, including hundreds of air defense interceptors, dozens of tactical air defense systems, artillery, ammunition, and thousands of additional armored vehicles. Additionally, $157 million will be sent to Lebanon. This comes as the Small Business Administration (SBA) and FEMA are reportedly running out of funds for disaster recovery loans for hurricane victims in the United States. Many Americans affected by recent hurricanes have been denied disaster recovery loans or received only $750, leading to criticism of the administration's allocation of resources.