US funding for Ukraine set to run out by end of the year, White House warns

US funding for Ukraine set to run out by end of the year, White House warns
# 04 December 2023 15:36 (UTC +04:00)

The White House has issued a blunt warning that the US is set to run out of funds to aid Ukraine by the end of the year, saying that a failure by Congress to approve new support would “kneecap” Kyiv, APA reports citing Financial Times.

The alert from Shalanda Young, the White House budget director, in a letter to congressional leaders on Monday, represented the most specific assessment yet of Washington’s waning financial and military support for Ukraine.

“Without congressional action, by the end of the year we will run out of resources to procure more weapons and equipment for Ukraine and to provide equipment from US military stocks,” Young wrote to political leaders of both parties.

“There is no magical pot of funding available to meet this moment. We are out of money — and nearly out of time,” she said.

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THE OPERATION IS BEING PERFORMED