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senate Bill S. 2124

The Senate's Ukraine Aid Package, House-Refused

Argument in favor

The Russian Federation's military intervention is unjustified and in opposition to the guidelines laid out in the 1994 Budapest Memorandum on Security Assurances. Supports the Ukraine's move to a more independent and democratic nation-state.

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04/09/2015
The U.S. should make it clear to its Eastern European allies that it remains committed, in tangible actions, to territorial sovereignty.
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Argument opposed

Russia can impose sanctions of its own against U.S. Senators voting for the bill and interfere with events ranging from withdrawal of U.S. troops from Afghanistan (via Russian-controlled airspace) to affecting nuclear talks with Iran.

RRS's Opinion
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12/08/2015
We cannot us the tax payer money to aid every country that need help. That why we have this debt.
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What is Senate Bill S. 2124?

-Authorizes $100 million in direct assistance and provides $1 billion in loan guarantees to Ukraine for such as improving democratic governance and anti- corruption efforts and supporting free and fair elections in Ukraine. 

-Condemns the "unjustified military intervention of the Russian Federation in the Crimea section of Ukraine"; supports an independent Ukrainian nation-state; encourages independent Ukraine to "forge closer ties with Europe"; provides loan guarantees and $150 million in economic aid for Ukraine; and imposes sanctions against both the former Ukrainian government and the Russian Federation. 

-This is the original Senate version of the bill and contains the IMF provisions that Obama and Senate Democrats wanted but House Republicans did not. The bill was introduced on 3/12 and passed Senate on 3/24, but was withdrawn the next day by Majority Leader Harry Reid. The IMF reforms were removed, and this amended bill is HR4152

Impact

The U.S., Russia, Ukraine, and at least much of Europe. Potential sanctions, in addition to language focused on "energy sources" and "energy security" could have far-reaching, long-term implications for the private sector on a global scale.

Cost of Senate Bill S. 2124

$373.00 Million
The CBO estimates a cost of $373 million between 2014 and 2024, with an estimated Congressional budget authority of $1.26 billion over the same period.

More Information

Of Note: 

-Article 15 of Section 3 implies that Russia's participation in the G-8 would be at risk were the nation to not respect "the territorial integrity of its neighbors". The G-8 summit is at present scheduled to be held in Sochi, Russia in June 2014. 

-Article 16 of the same section focuses on "explor[ing] ways for the United States Government to assist the countries of Central and Eastern Europe to diversify their energy sources and achieve energy security". 

AKA

Support for the Sovereignty, Integrity, Democracy, and Economic Stability of Ukraine Act of 2014

Official Title

An original bill to support sovereignty and democracy in Ukraine, and for other purposes.

bill Progress


  • Not enacted
    The President has not signed this bill
  • The house has not voted
  • The senate has not voted
      senate Committees
      Committee on Foreign Relations
    IntroducedMarch 12th, 2014