The State Department has notified Congress of its intent to cancel approximately $4.65 billion in loans previously provided to Ukraine as part of economic assistance, according to spokesperson Matthew Miller.
The move, enabled by a provision in a supplemental appropriations bill passed earlier this year, has sparked bipartisan discussions and the possibility of congressional intervention.
Details of the Notification
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During a press briefing, Miller explained that the April appropriations bill granted the administration discretionary authority to cancel certain loans provided to Ukraine. Congress has the option to pass a resolution of disapproval to block the cancellation.
“We have taken the step outlined in the law to cancel those loans and provide that economic assistance to Ukraine,” Miller said. “Congress is welcome to take it up if they wish.”
Miller expressed skepticism that Congress would pass a resolution of disapproval, citing the strong bipartisan support for aiding Ukraine. However, he emphasized that the administration would adhere to legal requirements.
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The notification was sent to Congress within the past few days, although specific details on the timing remain unclear. Miller acknowledged the growing public awareness of the decision but deferred further clarification on procedural specifics.
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