How Much Are You Paying for Ukraine Aid? Economist Crunches the Numbers
24th April 2024
Even as Americans grow increasingly pessimistic and agitated about their personal finances, Congress is about to ask struggling families to cover the cost of more funding for Ukraine.
The $95 billion foreign aid package adopted Saturday by the House and facing near-certain passage in the Senate includes an additional $61 billion for Ukraine. Once added to the money already appropriated for Ukraine since 2022, the United States will have spent approximately $173 billion.
That translates to more than $1,300 per American household, according to Heritage Foundation economist Richard Stern, director of the Grover M. Hermann Center for the Federal Budget.