Democrats try to address Americans’ anxiety about inflation – The Washington Post
Democrats try to address Americans’ anxiety about inflation The Washington Post
Today, Democrats on both ends of Pennsylvania Avenue are holding events aimed at addressing the economic anxieties of Americans as the midterm elections approach. At the Capitol, House Speaker Nancy Pelosi (D-Calif.) and Senate Majority Leader Charles E. Schumer (D-N.Y.) unveiled new legislation to penalize oil and gas companies that are unfairly raising their prices at the pump.
Meanwhile at the White House, President Biden is seeking to highlight a reality that may have escaped the attention of many voters: Small-business creation has flourished during his tenure. Biden plans an afternoon meeting with small-business owners. Earlier, he’s expected to speak on a plan to send proceeds from Russian oligarchs’ confiscated assets to Ukraine and ask Congress for $33 billion in new military, economic and humanitarian aid for Ukraine.
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This just in: Biden seeking $33 billion for additional Ukraine assistance
Biden will ask Congress for $33 billion to help Ukraine as Russia continues its attacks, The Post’s Bryan Pietsch, Jeff Stein and Matt Viser report.
Biden’s funding request includes $20 billion in military assistance for Ukraine, $8.5 billion in economic aid and $3 billion in humanitarian assistance, among other pots of money, such as $500 million to support crop production in the United States to address the global food shock caused by the war.
Biden is expected to speak from the White House shortly on the funding request as well as a proposal to allow U.S. authorities to liquidate the assets of Russian oligarchs and donate the proceeds to Ukraine.
