FACT SHEET: President Biden’s Comprehensive Proposal to Hold Russian Oligarchs Accountable
The assistance the Biden-Harris Administration has provided to Ukraine to date has made a significant difference on the battlefield, helping Ukrainians defend their country and win the battle for Kyiv. Now, as the war shifts to and intensifies in Ukraine’s eastern front, the Biden-Harris Administration is calling on Congress to provide additional resources to help ensure Ukraine’s democracy prevails over Putin’s aggression.
The supplemental resources Congress provided on a bipartisan basis in March have been critical to bolstering security in Eastern Europe, countering Russia’s malign activities in the region, and delivering critical humanitarian and economic assistance to Ukraine and neighboring partners. Almost all of the $3.5 billion in drawdown authority Congress provided in March has been exhausted as the Biden-Harris Administration has surged military assistance to Ukraine, which they have used to great effect. U.S. supplied weapons and ammunitions – including anti-tank and anti-air systems, helicopters, drones, grenade launchers, and more than 50 million rounds of ammunition – have been flowing into Ukraine daily, and the United States has been working with allies and partners to facilitate deliveries of additional weapons capabilities. The Defense Department has also used $1 billion in supplemental resources to reinforce NATO’s eastern flank and bolster NATO’s security posture to deter Russian aggression.
At the same time, the Administration is delivering humanitarian, economic, food, and other security assistance to Ukraine and the region. This includes roughly $1.7 billion to ensure continuity of Ukraine’s democratic operations and provide other macroeconomic assistance to the region. It also includes $650 million in military assistance to Ukraine, eastern flank countries, and other partners in the region, as well as hundreds of millions of dollars in food, shelter, and other humanitarian aid to help Ukrainians who have been displaced by Russia’s war. Supplemental resources are also supporting efforts to hold Putin and his cronies accountable for their war of choice, helping the United States seize billions in assets and holdings.
Continued bipartisan support in Congress is vital to ensuring that the Ukrainian people have the resources they need to win this war, and this Administration is committed to working with lawmakers and our global allies and partners to keep aid flowing to Ukraine uninterrupted and to support those devastated by the food crisis that Putin’s war has exacerbated.
The $33 billion in security, economic, and humanitarian aid requested today will:
Help Ukraine Defend Itself Over the Long-Term
The Administration is requesting $20.4 billion in additional security and military assistance for Ukraine and for U.S. efforts to strengthen European security in cooperation with our NATO allies and other partners in the region. This includes $5 billion in additional drawdown authority, $6 billion for the Ukraine Security Assistance Initiative, and $4 billion for the State Department’s Foreign Military Financing program. These resources will put urgently needed equipment into the hands of Ukraine's military and police, as well as help NATO deter and defend against Russian aggression over the long-term. These additional resources will be used to provide Ukraine and Eastern flank allies with:
- Additional artillery, armored vehicles, anti-armor and anti-air capabilities flowing into Ukraine uninterrupted.
- Accelerated cyber capabilities and advanced air defense systems, improved production capabilities for munitions and strategic minerals, and increased intelligence support.
- Assistance to clear landmines, improvised explosive devices, and other explosive remnants of war and for the Government of Ukraine in securing and addressing threats related to chemical, biological, radiological, and nuclear materials.
- A stronger NATO security posture through support for U.S. troop deployments on NATO territory, including transportation of U.S. personnel and equipment, temporary duty, special pay, airlift, weapons system sustainment, and medical support.
Additional Economic Aid to Support Democracy in Ukraine
The Administration is calling on Congress to provide an additional $8.5 billion in economic assistance to help the Government of Ukraine respond to the immediate crisis and continue to provide basic citizen services. This includes funds to:
- Ensure Ukraine’s democratic government continues functioning; support food, energy, and health care services for the Ukrainian people; and assist the Ukrainian government in responding to operational challenges as businesses shutter and revenue collection plummets.
- Counter Russian disinformation and propaganda narratives, promote accountability for Russian human rights violation, and support activists, journalists, and independent media to defend freedom of expression.
- Support small- and medium- sized agrobusinesses during the fall harvest and for natural gas purchases by the Ukrainian state energy company in order to address critical food security, energy, and other emerging needs in Ukraine.
Address Humanitarian Needs due to Russia’s War
The $3 billion in additional humanitarian assistance will provide critical resources to address food security needs around the globe, provide wheat and other commodities to people in need, build countries' resilience to global food supply and price shocks, and provide lifesaving aid to people displaced by or otherwise impacted by Putin’s War in Ukraine. This funding will mean:
- Direct food support, including wheat and flour, for individuals in developing countries impacted by Russia’s invasion of Ukraine, as well as helping countries build more resilient agricultural systems.
- Medical supplies, high thermal blankets, emergency health kits, safe drinking water, shelter materials, and other lifesaving humanitarian assistance for Ukrainians displaced by Russia’s war.
- Job training, trauma-informed mental health services, and resources for local school districts to support Ukrainians arriving in the United States, including the new Uniting for Ukraine program.
Bolster Sanctions Enforcement
Resources will also bolster the Department of Justice’s KleptoCapture Task force efforts to pursue high value asset seizures from sanctioned individuals related to Russian actions in Ukraine. The Administration is also proposing legislation to streamline the process to recoup proceeds from seized and forfeited assets and use them to remediate the harm caused in Ukraine.
Addressing Economic Disruptions at Home and Around the World Due to Putin’s Aggression
An additional $500 million in domestic food production assistance will support the production of U.S. food crops that are experiencing a global shortage due to the war in Ukraine, for example, wheat and soybeans. Through higher loan rates and crop insurance incentives the request provides greater access to credit and lowers risk for farmers growing these food commodities, while lowering costs for American consumers.
Additional funding will also allow use of the Defense Production Act to expand domestic production of critical minerals and materials that have been disrupted by Putin’s war in Ukraine and that are necessary to make everything from defense systems to automobiles. This will help address economic disruptions and reduce price pressures at home and around the world.
Joseph R. Biden, FACT SHEET: President Biden’s Comprehensive Proposal to Hold Russian Oligarchs Accountable Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/355633