White House Warns Congress Nearly ‘Out of Time’ on Ukraine Funds

President Joe Biden’s budget director warned Monday that the US would run completely out of resources to assist Ukraine by the end of the calendar year, as the White House looks to ratchet up pressure on lawmakers to pass an emergency funding package.

“There is no magical pot of funding available to meet this moment,” Shalanda Young, who leads the Office of Management and Budget, wrote in a letter to congressional leaders. “We are out of money — and nearly out of time.”

A failure to act, Young warned, would “kneecap Ukraine on the battlefield, not only putting at risk the gains Ukraine has made, but increasing the likelihood of Russian military victories.”

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