White House: US may run out of money for Ukraine if Congress doesn't act by end of year

The Hill reported the information.

"I want to be clear: without congressional action, by the end of the year we will run out of resources to procure more weapons and equipment for Ukraine and to provide equipment from US military stocks. There is no magical pot of funding available to meet this moment. We are out of money—and nearly out of time," wrote Shalanda Young, director of the US Office of Management and Budget, in a letter to congressional leaders.

She added that the problem requires an urgent solution.

"The time to help a democratic Ukraine fight against Russian aggression is right now. It is time for Congress to act," emphasized Young.

The letter was addressed to Speaker Mike Johnson, House Minority Leader Hakeem Jeffries, Senate Majority Leader Charles Schumer, and Senate Minority Leader Mitch McConnell.

Young spoke in detail about how the government has already used about $111 billion previously allocated to help Ukraine.

According to her, as of mid-November, the Pentagon had used 97% of the $62.3 billion it had received. The Department of State has used all of the $4.7 billion in military aid it has received, including funds for humanitarian aid, as well as economic and civilian security assistance. 

Young warned that failure to provide additional funding and support "kneecap Ukraine on the battlefield, not only putting at risk the gains Ukraine has made, but increasing the likelihood of Russian military victories."

• The day before, on December 2, National Security Council Coordinator John Kirby again called on Congress to take steps to allocate the funds necessary to continue to help Ukraine. He noted that this should be done by the end of the current calendar year.