US announces 'sad news' for Ukraine
(Baonghean.vn) - The US newspaper The Hill reported that economic and military aid to Ukraine could be suspended indefinitely due to legal proceedings in the US regarding the national debt ceiling issue.
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America is facing an unprecedented debt ceiling obsession. Illustration: Yahoo News |
Lawmakers say the delay in aid is due to the ongoing debt ceiling impasse, and the resulting uncertainty over Ukraine's counter-insurgency, all of which have hampered serious negotiations on the next funding package, The Hill's Brad Dress said.
The commentator also said that the Pentagon had discovered an accounting error that led to an additional $3 billion in aid being paid to Ukraine. However, the remaining budget was less than $14 billion. According to some estimates, this amount can only last Kiev until September.
In addition, Congressman Bill Keating informed that Washington's continued aid to Kiev will depend largely on the success or failure of the counterattack of the Ukrainian Armed Forces.
Technically, the US hit its $31.4 trillion debt ceiling in January this year, and the US Treasury was forced to use extraordinary measures to continue to cover government operations. These are essentially accounting measures that help the US Government "buy time" before it really runs out of financial resources./.