President to speak about wars in address from Oval Office Thursday night
President Joe Biden is expected to ask Congress to approve about $10 billion in military aid to Israel and some $60 billion for Ukraine as part of an emergency-funding request, according to reports.
NBC News and the New York Times reported the $60 billion figure for Ukraine, and the Times and Reuters reported the $10 billion for Israel. The White House did not respond to a request for comment from MarketWatch.There is broad support in Congress for aid for Israel after the country was attacked earlier this month by the militant group Hamas, but there is less support for further aid to Ukraine in its fight against Russia.
Biden also announced on Wednesday $100 million in new U.S. humanitarian aid for Gaza and the West Bank.
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