Ukrainian aid has cost nearly $1,000 per American household, according to a report from The Daily Signal.
“The formal aid packages alone amount to a staggering $113 billion — roughly $900 per American household and almost 12 times the spending cuts promised by House leadership in the annual spending bills,” said Richard Stern, a Heritage Foundation budget expert, per the Signal. (RELATED: ‘A Lot Closer To It Than You Think’: Trump Warns Against ‘War Like No Other’ If Ukraine Conflict Escalates)
The U.S. has spent nearly $900 per American household on the war in Ukraine. Never mind that Americans have lost money monthly from inflation & our debt is spiraling out of control, the Biden administration & Congress are getting ready to demand even more. https://t.co/qGPdvlv0uk
— Heritage Foundation (@Heritage) August 10, 2023
Congress has approved more than $113 billion in “aid and military assistance to support the Ukrainian government and allied nations” since Russia invaded the country in Feb. 2022, the Committee for a Responsible Federal Budget said.
“As with all new federal spending, this $113 billion spending spree was added to our national debt and will cost more than $300 in interest costs per household over the decade. Of course, we’ve given more aid than that, but haven’t paid the bill on it yet,” Stern said.
There were 127.9 million households recorded in the United States during fiscal year 2022. The cost of approved aid for Ukraine was approximately $884 per American household, according to the Congressional Budget Office.
A substantial portion of this aid, 31 percent as of May 2023, comes in the form of weapons shipments drawn from U.S. rather than direct monetary assistance, the Council of Foreign Relations notes.
“As the war in Ukraine becomes a prolonged conflict, Americans are rightly growing skeptical of sending more taxpayer dollars and equipment from our depleted armory,” Heritage Foundation President Kevin Roberts wrote in a statement. “Washington has failed to address their concerns, explain our nations strategy in the war, or enact basic oversight for our aid.”