US lawmakers to vote on Ukraine aid, but sanctions unclear

Several other bills or nominations are stacked up for votes ahead of any Ukraine legislation

Image
AFPPTI Washington
Last Updated : Mar 06 2014 | 10:22 AM IST
US House of Representatives will vote today on authorising an aid package for Ukraine, but legislating economic sanctions into reality against an over-aggressive Russia is far from settled.

Republican House Majority Leader Eric Cantor said yesterday he wanted to move swiftly, then promptly announced on Twitter he would hold the vote the next day on the proposed $1 billion in loan guarantees to assist crisis-hit Kiev's new government.

The White House had previously unveiled the aid plan.

Also Read

Speaker John Boehner said the goal was to help President Barack Obama "strengthen his hand" in dealing with Europe's most severe security crisis since the Cold War.

Boehner also said a set of economic sanctions was being worked up by his committee leaders.

But Congress's other chamber, the Senate, is in a hurry-up-and-wait approach, with a small window of opportunity to accomplish an aid package and sanctions before a weeklong congressional recess begins after next Friday.

"Whether I can do it next week, I don't know," the Senate's Democratic leader Harry Reid acknowledged to reporters.

Several other bills or nominations are stacked up for votes ahead of any Ukraine legislation.

Reid said he envisioned a "two-step process" -- aid first, then sanctions -- but a lot will depend on what Senate Foreign Relations Committee Chairman Robert Menendez unveils today.

Menendez said he expects a bill that would include a "menu of options on the sanctions side.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 06 2014 | 10:05 AM IST

Next Story