Senate pledges economic support for Russia-Ukraine deal as govt funding talks stall

Senate pledges economic support for Russia-Ukraine deal as govt funding talks stall

Spread the love

As Republicans and Democrats remain deadlocked over how to fund the government for fiscal 2026 and prevent a shutdown, Senate leaders remain united on one front: Providing funding for Ukraine.

As President Donald Trump met with European leaders Monday – including Ukrainian President Volodymyr Zelenskyy – Senate Majority Leader John Thune, R-S.D., pledged his chamber’s willingness to provide economic assistance for Russia-Ukraine negotiations.

“President Trump should be commended for his dogged determination to bring peace to Ukraine and for his courage to engage with all parties in a way his predecessor refused to do,” Thune posted on X. “As peace talks continue today in Washington, the U.S. Senate stands ready to provide President Trump any economic leverage needed to keep Russia at the table to negotiate a just and lasting peace in Ukraine.”

While including a less flattering description of the president, Senate Minority Leader Chuck Schumer, D-N.Y., indicated his support for the beleaguered country as well, calling Russian President Vladimir Putin an “authoritarian thug” and urging Trump to “[stand] with Ukraine and our allies.”

Since Russia invaded Ukraine on Feb. 24, 2022, Congress has passed five major bills that cumulatively allocated over $128 billion to the Ukrainian government, including roughly $70 billion in military support. While no U.S. lawmaker has openly sided with Russia, some fiscal conservatives have objected to the high amount.

Thune’s offer to provide “economic leverage” comes as Congress nears the Sept. 30 government funding deadline without a clear bipartisan strategy in place. If lawmakers do not pass all 12 annual appropriations bills providing money for federal agencies through both chambers of Congress, they risk a government shutdown.

So far, only two of those bills have passed the House, while a three-bill minibus is the only 2026 appropriations legislation that has passed the Senate. Any appropriations bills passed in one chamber must be approved by the other chamber.

Even though Republicans control both chambers, they need Democrats’ help to finish the process when lawmakers return from their August recess in September. But Schumer has threatened to force a government shutdown unless Republicans “work across the aisle with Democrats to responsibly fund the government,” meaning that they must refuse to include any of Trump’s proposed budget cuts.

Given that lawmakers will only have a few weeks to synchronize and pass the rest of the fiscal year 2026 government funding bills, they most likely will pass a short-term Continuing Resolution.

A CR would keep government funding on cruise control until all appropriations bills are finalized. If the minibus (or other appropriations bills) pass both chambers by the Sept. 30 deadline, the CR would apply to the remaining federal agencies.

If lawmakers opt for the stopgap, Congress will have punted on funding the government properly for the fourth time in a row. Lawmakers never passed a fiscal year 2025 budget, instead passing three consecutive CRs to keep government funding on cruise control until Sept. 30.

Events

No events

Leave a Comment





Latest News Stories

Economic index shows reduced uncertainty, more stability in Midwest

Economic index shows reduced uncertainty, more stability in Midwest

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Federal Reserve Bank of Chicago’s Survey of Economic Conditions Activity Index suggests more stability and less...
New law sparks debate over Illinois school mergers, communities fear loss

New law sparks debate over Illinois school mergers, communities fear loss

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A new law that could push school districts to study possible consolidation, aiming for efficiency and...
Illinois in Focus: Rest area burglary arrests made; overdose awareness events planned

Illinois in Focus: Rest area burglary arrests made; overdose awareness events planned

By Jim Talamonti | The Center SquareThe Center Square Rest area burglary arrests made Two men have been detained in connection with a reported burglary at the northbound Interstate 57...
Nonprofit files complaints against Trump attorneys but almost no public discipline

Nonprofit files complaints against Trump attorneys but almost no public discipline

By Arthur KaneThe Center Square Two nonprofits run by an attorney with long-time Democratic connections have been filing ethics complaints against lawyers who represented Trump officials or issues, seeking to...
Everyday Economics: Softer tape, PCE in focus, and the Fed’s next move

Everyday Economics: Softer tape, PCE in focus, and the Fed’s next move

By Orphe DivounguyThe Center Square This summer, economic signals leaned softer. Hiring looks frozen, retail sales volumes are flat to slightly negative, and existing-home sales are essentially unchanged from a...
Marine's mother takes on troop transport duties for family visits

Marine’s mother takes on troop transport duties for family visits

By Brett RowlandThe Center Square When Army Specialist Dakota Barnes considered flying home to California for Christmas last year, she knew she couldn't afford it without giving up her yearly...
Trump plans to clean up Democrat-run cities over local objections

Trump plans to clean up Democrat-run cities over local objections

By Brett Rowland | The Center SquareThe Center Square (The Center Square) – President Donald Trump plans to clean up major U.S. cities that he says are plagued by crime....
Energy advocate applauds oil and gas commingling updates

Energy advocate applauds oil and gas commingling updates

By Tate MillerThe Center Square Oil and gas commingling rules have been updated in accordance with the Big Beautiful Bill in order to strengthen energy production and safety, with energy...
Texas legislature passes redistricting map, governor to sign into law

Texas legislature passes redistricting map, governor to sign into law

By Bethany BlankleyThe Center Square )The Center Squar) – The Texas Senate passed HB 4, the state’s congressional redistricting plan, which changes nearly all districts and could flip up to...
Dow hits record high after Fed Chair hints at September rate cuts

Dow hits record high after Fed Chair hints at September rate cuts

By Morgan SweeneyThe Center Square The Dow Jones Industrial Average clinched a record high Friday for the first time this year hours after Federal Reserve Chair Jerome Powell hinted that...
WATCH: Newsom optimistic about redistricting despite poll

WATCH: Newsom optimistic about redistricting despite poll

By Dave MasonThe Center Square Gov. Gavin Newsom on Friday said he’s proud of how quickly the California Legislature passed a congressional redistricting proposal that he signed, but he was...
Newsom meets with Danes, talks about Trump but not 2028

Newsom meets with Danes, talks about Trump but not 2028

By Dave MasonThe Center Square California Gov. Gavin Newsom came to his hometown of San Francisco Friday to talk about the state’s new green energy partnership with Denmark. But another...
CA bill to give interest on insurance payments to homeowners

CA bill to give interest on insurance payments to homeowners

By Jamie ParsonsThe Center Square The California Legislature this week passed a bill to give at least 2% of interest on insurance payments to owners of homes that need rebuilding...

WATCH: Trump says ‘dangerous’ Chicago next after addressing crime in D.C.

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – President Donald Trump says Chicago is next on his list of cities to focus on cleaning up...
DOJ releases Maxwell interview transcripts, audio; described Trump as 'gentleman'

DOJ releases Maxwell interview transcripts, audio; described Trump as ‘gentleman’

By Sarah Roderick-FitchThe Center Square The U.S. Department of Justice on Friday released the audio and transcript interviews with Ghislaine Maxwell, “in the interest of transparency,” in which she claims...