Increased U.S. funding to help Ukraine defend itself against Russia could drive up inflation along with the national debt, according to an analysis by The Heritage Foundation’s top budget expert.
Members of Congress are negotiating a deal to pass President Joe Biden’s national security bill, which includes about $60 billion in funding for Ukraine as well as money for border security and for Israel in its war with Hamas terrorists.
“New Ukraine ‘aid’ bill would bring the total to over $173 billion, [which is] over $1,300 per American household and over $11,500 per Ukrainian household,” Richard Stern, director of Heritage’s Grover M. Hermann Center for the Federal Budget, said in a post on X, formerly Twitter. (The Daily Signal is the news outlet of The Heritage Foundation.)
