Biden calls for massive aid to Israel, Ukraine; denounces anti-semitism, Islamophobia in US
Speaking from the Oval Office starting at 8 p.m.(local time), Biden made the case to Americans that it's vital to both global and US national security to assist Israel as it responds to terror attacks by Hamas as well as to continue help for Ukraine as it fends off Russian invaders.
)
08:40 AM IST
United States President Joe Biden has called for a massive new aid package for Israel and Ukraine and at the same time, has strongly denounced a rise in anti-semitism and Islamophobia in the US.
Biden addressed the nation in prime time on Thursday (local time), fresh off a wartime visit to Israel.
Speaking from the Oval Office starting at 8 p.m.(local time), Biden made the case to Americans that it's vital to both global and US national security to assist Israel as it responds to terror attacks by Hamas as well as to continue help for Ukraine as it fends off Russian invaders.
"That's why tomorrow I'm going to send to Congress an urgent budget request to fund America's national security needs - needs to support our critical partners, including Israel and Ukraine. It's a smart investment that's gonna pay dividends for American security for generations," Biden said.
"We must, without equivocation, denounce anti-semitism," Biden said.
"We must also without equivocation, denounce Islamophobia. To all of you hurting, those of you hurting, I want you to know: I see you. You belong. And I want to say this to you: You're all American. You're all American," Biden asserted.
Biden also linked the Israeli and Ukrainian war to American national security.
He said that support for both countries Israel as it fights terrorist group Hamas, and Ukraine as it battles Russia will be a "smart investment that's going to pay dividends for American security for generations, help us keep American troops out of harm's way, help us build a world that is safer, more peaceful, more prosperous for our children and grandchildren."
"Hamas and Putin, the two represent different threads but they share this in common: They both want to completely annihilate a neighbouring democracy," Biden said, referring to the extremists and Russian President Vladimir Putin.
Biden said he knows the conflicts can seem distant and Americans might be asking why it's vital to US security interests that Israel and Ukraine succeed.
"History has taught us that when terrorists don't pay a price for their terror, when dictators don't pay a price for their aggression, they cause more chaos and debt and more destruction," Biden said.
"They keep going -- and the cost and the threats to America and the world keep rising," he said.
In Tel Aviv earlier this week, Biden pledged unwavering support to Israel but also successfully made the case to Prime Minister Benjamin Netanyahu and his war cabinet to allow humanitarian aid to enter Gaza.
The national address comes as Biden's team prepares to send a large foreign aid package to Capitol Hill.
But the request will fall on a paralyzed Congress, with the House without a speaker since the historic ouster of Kevin McCarthy more than two weeks ago. Republicans have, so far, been unable to come to a consensus on a successor, leaving the chamber in chaos.
Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
444-Day Special FDs: SBI, BoB, IOB & Indian Bank—Which fixed deposit scheme offers highest return on your Rs 6.25 lakh or Rs 7.25 lakh investment
)
8th Pay Commission Indian Army Salary Hike Projections: Sepoy to Subedar Major to Brigadier revised basic pay estimates vs 7th CPC
)
Top 7 Mutual Funds With up to 25% Return in 3 Months: Top-performing fund has turned Rs 99,999 one-time investment into Rs 1,06,134
)
Rs 9,00,000 One-time Investment in Mutual Funds: How many years will it take to create a Rs 1,00,00,000, Rs 3,00,00,000 and Rs 8,00,00,000 corpuses? Check calculations
)
450-day BOI vs 444-day BoB Special FD Rates: Know what senior citizens and others can get on Rs 10,00,000, Rs 20,00,000, and Rs 30,00,000 deposits
)
8th Pay Commission vs 7th CPC: IAS, IPS, IFS, IRS projected salary hike calculations at 2.08 and 2.57 fitment factors; see estimates
)
Top 5 Smallcap Mutual Funds with Highest SIP Returns: Rs 15,000 monthly investment in No. 1 fund has grown to Rs 20.17 lakh in just 5 years
)
UPS vs NPS Rs 16 cr Corpus Calculations: Age 26, basic pay Rs 40,000? Which scheme can give you Rs 16 cr retirement fund, Rs 2.50 lakh+ pension at 60
)
8th Pay Commission DA Calculations: How 2.57 fitment factor may impact Level 3-13 central govt employees' basic pay, dearness allowance
08:40 AM IST