MARKETS A LOOK AHEAD: SHocK aND AwE! YOU ARE BEING CONNED To The HIGHEST ORDER. Mannarino -- $95Billion Aid Package For Ukraine, Israel And Taiwan – But Not US Border

The House on Saturday passed a set of foreign aid bills that would send $61 billion to Ukraine, $26 billion to Israel, and $8 billion to the Indo-Pacific region.

In total, the foreign assistance package totals $95 billion - which only passed after Speaker Mike Johnson cut a deal with Democrats in order to force it through by a vote of 311 to 112.

The Senate is expected to pass the package, which was negotiated in conjunction with the White House, marking a victory against conservative lawmakers who insisted on protecting the US border before sending money abroad to protect those of other countries.

“We cannot be afraid of our shadows. We must be strong. We have to do what’s right,” House Foreign Affairs Chairman Michael McCaul, a Texas Republican, said.

Democrats and some Republicans waved Ukrainian flags during the vote, a rare moment of bipartisanship in a bitterly and narrowly divided House.

“Traditional House Republicans led by Speaker Mike Johnson have risen to the occasion,” House Democratic leader Hakeem Jeffries said. “We have a responsibility to push back against authoritarianism.” -Bloomberg

Earlier in the day, the House passed an $8 billion aid package aimed at countering Chinese aggression towards Taiwan, as well as a bill that would force Chinese-controlled ByteDance Ltd to divest from TikTok or face a US ban. The bill also allows for the confiscation of Russian dollar assets in order to help fund more assistance to Ukraine.

Read More HERE: https://www.zerohedge.com/political/house-passes-95-billion-aid-package-ukraine-israel-and-taiwan-not-us-border