A recent study by the Heritage Foundation, a right-leaning research group, indicates that the extensive aid provided to Ukraine equates to a burden of $900 for every American home.
Richard Stern, the Director of the Hermann Center for the Federal Budget at the Heritage Foundation, shared the details of the report with the Daily Signal via email.
He conveyed, “The official aid contributions tally up to a jaw-dropping $113 billion. To put that into perspective, it’s about $900 for each U.S. household, nearly 12 times the budgetary reductions proposed by the House in their yearly fiscal plans.”
Further elaborating, Stern added, “This immense $113 billion expenditure has been appended to our nation’s debt. Over the next ten years, this will lead to an accrued interest of over $300 per household. It’s noteworthy to mention that our actual aid surpasses this, but its financial obligations have yet to be settled.”
The staggering amount of money being doled out to fund the Ukraine war comes despite Americans’ opposition to the never-ending war. Even CNN polling has shown an increase in opposition to the continued funding — as the left-wing outlet recently reported that a poll found “55% of Americans believed Congress should not authorize additional funding to support Ukraine,” while 45% wanted Congress to authorize the funds. The poll also found that 51% of Americans believe the U.S. “has already done enough to help Ukraine.”
Heritage Foundation President Kevin Roberts pointed to these concerns in a statement to the Daily Signal.
“As the war in Ukraine becomes a prolonged conflict, Americans are rightly growing skeptical of sending more taxpayer dollars and equipment from our depleted armory,” he wrote in the statement.
“Washington has failed to address their concerns, explain our nation’s strategy in the war, or enact basic oversight for our aid. If Congress can’t fix those fundamental issues, they have no business sending more money into the fog of war,” Roberts’ statement continued.
House conservatives recently expressed their objections to President Joe Biden’s latest demand for Ukraine aid — which would give another $24 billion in taxpayer dollars via military and economic funding.
“This request exacerbates your administration’s out-of-control deficit spending and circumvents the bipartisan debt ceiling agreement,” the conservative lawmakers wrote. “Americans are tired of funding endless wars and want policies that not only help restore fiscal sanity in Washington but also put America and American citizens first.”