Proposed $95B Ukraine Aid Could See Billions Return to US Defense Industry
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The proposed $95B aid package for Ukraine could see $38.8B flow back to the US defense industry. Over half of the $60B earmarked for Ukraine would return to the US.
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The war has caused a spike in US weapons and ammo production, overcoming pandemic drops. The past few years equal 20 years worth of arms sales.
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The US is now the world's largest liquified natural gas exporter. Exports to Europe are expected to nearly double by 2030.
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Opponents argue the cash flow-back takes time, with foreign nations often taking years to pay.
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Many House Republicans criticize the bill, saying the money would be better spent on US border security. Speaker Johnson allegedly won't rush a vote.