Biden proposes $500 million in aid for Ukrainian government

The Biden administration is seeking to send Ukraine $500 million to help keep its government services running as the war with Russia stretches into its third month, the Treasury Department announced Thursday.

The administration will ask Congress to approve $500 million to cover the cost of Ukraine’s basic government services, including pensions, salaries and aid programs, the Treasury Department said. The aid package would be in addition to another $800 million in military support proposed by Biden on Thursday, which would also require approval from Congress.

Biden said Thursday the U.S. has almost exhausted the $13.6 billion in Ukraine aid approved in a March government funding bill. Any new federal spending must be approved by the House and Senate before the president can sign the bill and send out the money.

“This is money the government can help use to stabilize their economy, to support communities that have been devastated by the Russian onslaught and pay the brave workers that continue to provide essential services to the people of Ukraine,” Biden said in remarks from the White House Thursday morning. 

Both Biden and Treasury Secretary Janet Yellen met separately Thursday with Ukrainian Prime Minister Denys Shmyhal in Wasington, D.C. Yellen and Shmyhal were joined by Deputy Treasury Secretary Wally Adeyemo and Ukrainian Finance Minister Sergii Marchenko.