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White House asks Congress for $40B in additional funding on August 10, 2023 at 7:08 pm Business News | The Hill

The White House on Thursday outlined a supplemental funding request for Congress for the start of the coming fiscal year, asking for billions more dollars for assistance to Ukraine amid its war with Russia as well as money for domestic priorities like disaster relief and border management.
The Biden administration is asking Congress for roughly $40 billion total for the first quarter of fiscal 2024, providing short-term funds for key priorities as lawmakers are set to negotiate over larger spending bills.
“With the end of the fiscal year quickly approaching, today, the Administration is transmitting a supplemental funding request to the Congress to address three sets of critical needs for emergency funding as part of a potential short-term continuing resolution for the first quarter of FY 2024,” Office of Management and Budget Director Shalanda Young wrote in a letter to Speaker Kevin McCarthy (R-Calif.)
Here’s a look at what’s in the administration’s supplemental funding request:
Ukraine funding
The Biden administration is asking Congress for a total of $24 billion in military, financial and humanitarian assistance for Ukraine. The request includes about $13 billion in defense funds to assist Ukraine: $9.5 billion for equipment and replenishment of Pentagon stocks, and $3.6 billion for continued military, intelligence and other defense support.
The request also includes $8.5 billion in funding for the State Department and the U.S. Agency for International Development to provide economic, humanitarian and security assistance, as well as $2.3 billion through the Treasury Department so Ukraine does not have to rely on financing through China or other “coercive” sources.
“The Administration is requesting supplemental security, economic, and humanitarian assistance funding that would support Ukraine as well as countries and vulnerable populations worldwide impacted by Russia’s unprovoked and brutal invasion of Ukraine,” Young wrote in her letter to McCarthy.
President Biden has been adamant that the U.S. will stand with Ukraine “for as long as it takes” as the Russian invasion extends into another month. And while there is broad bipartisan support for Ukraine aid, some Republicans have voiced concerns about providing additional funds to the Ukrainians for a war with no end in sight.
The question for the White House is whether enough Republicans, particularly in the House, can be won over to back the supplemental funding request to provide another burst of funding for Kyiv.
A senior administration official told reporters that there is enough funding already approved for Ukraine aid to last through the end of the current fiscal year. The official added that the White House “won’t be bashful” about going back to Congress to ask for more funding in the future.
Disaster relief
The White House is requesting $12 billion in supplemental funds to ensure the Federal Emergency Management Agency (FEMA) has enough money to respond to natural disasters, as well as to handle future disasters.
FEMA is projected to have a “significant deficit” in its disaster relief fund, officials said. The $12 billion would help address ongoing disaster response recovery efforts at a time when wildfires have destroyed parts of Hawaii and hurricane season is on the horizon.
A senior administration official said the funding request reflects both current needs and “our best projections” of what is expected to be required.
In addition, the administration is asking for $45 million through the Department of Agriculture and $15 million through the Department of Interior to implement wildland firefighter pay increases for the first quarter of fiscal 2024.
Border and migration
The administration is requesting roughly $4 billion total in supplemental funding for border and migration efforts, an ask that may help to win over some GOP supporters who would otherwise be skeptical of approving more spending.
The White House is specifically asking for $2.65 billion in funding through the Department of Homeland Security (DHS). Of that, $2.2 billion would be allocated for border management operations and shelter and services for migrants released from DHS custody.
An additional $416 million through DHS would be for nonintrusive inspection system deployment and other measures meant to counter fentanyl trafficking.
The administration is also asking for $59 million for the Executive Office for Immigration Review immigration judge teams and for fentanyl testing, tracing, networking targeting and data systems.
White House officials have argued they inherited a broken immigration system and have been working to streamline it to make it more humane while also getting the flow of migrants under control.
Young, in her letter to McCarthy, wrote that the administration’s plan is “working as intended,” but the additional funds are needed.
“We are operating within a fundamentally broken immigration system–everyone agrees on that point–but only the Congress has the power to update our immigration and asylum laws, and we continue to stand ready to work with the Congress on solutions,” Young wrote.
Administration, Business, News, appropriations, appropriations bills, border security, Ukraine aid The White House on Thursday outlined a supplemental funding request for Congress for the start of the coming fiscal year, asking for billions more dollars for assistance to Ukraine amid its war with Russia as well as money for domestic priorities like disaster relief and border management. The Biden administration is asking Congress for roughly…
Business
Why 9 Million Americans Have Left

The Growing American Exodus
Nearly 9 million Americans now live outside the United States—a number that rivals the population of several states and signals a profound shift in how people view the American dream. This mass migration isn’t confined to retirees or the wealthy. Thanks to remote work, digital nomad visas, and mounting pressures at home, young professionals, families, and business owners are increasingly joining the ranks of expats.

Rising Costs and Shrinking Wallets
Living in the US has become increasingly expensive. Weekly grocery bills topping $300 are not uncommon, and everyday items like coffee and beef have surged in price over the last year. Rent, utilities, and other essentials also continue to climb, leaving many Americans to cut meals or put off purchases just to make ends meet. In contrast, life in countries like Mexico or Costa Rica often costs just 50–60% of what it does in the US—without sacrificing comfort or quality.
Health Care Concerns Drive Migration
America’s health care system is a major trigger for relocation. Despite the fact that the US spends more per person on health care than any other country, millions struggle to access affordable treatment. Over half of Americans admit to delaying medical care due to cost, with households earning below $40,000 seeing this rate jump to 63%. Many expats point to countries such as Spain or Thailand, where health care is both affordable and accessible, as a major draw.

Seeking Safety Abroad
Public safety issues—especially violent crime and gun-related incidents—have made many Americans feel unsafe, even in their own communities. The 2024 Global Peace Index documents a decline in North America’s safety ratings, while families in major cities often prioritize teaching their children to avoid gun violence over simple street safety. In many overseas destinations, newly arrived American families report a significant improvement in their sense of security and peace of mind.
Tax Burdens and Bureaucracy
US tax laws extend abroad, requiring expats to file annual returns and comply with complicated rules through acts such as FATCA. For some, the burden of global tax compliance is so great that thousands relinquish their US citizenship each year simply to escape the paperwork and scrutiny.
The Digital Nomad Revolution
Remote work has unlocked new pathways for Americans. Over a quarter of all paid workdays in the US are now fully remote, and more than 40 countries offer digital nomad visas for foreign professionals. Many Americans are leveraging this opportunity to maintain their US incomes while cutting costs and upgrading their quality of life abroad.

Conclusion: Redefining the Dream
The mass departure of nearly 9 million Americans reveals deep cracks in what was once considered the land of opportunity. Escalating costs, inaccessible healthcare, safety concerns, and relentless bureaucracy have spurred a global search for better options. For millions, the modern American dream is no longer tied to a white-picket fence, but found in newfound freedom beyond America’s borders.
Business
Will Theaters Crush Streaming in Hollywood’s Next Act?

Hollywood is bracing for a pivotal comeback, and for movie lovers, it’s the kind of shake-up that could redefine the very culture of cinema. With the freshly merged Paramount-Skydance shaking up its strategy, CEO David Ellison’s announcement doesn’t just signal a change—it reignites the passion for moviegoing that built the magic of Hollywood in the first place.

Theatrical Experience Roars Back
Fans and insiders alike have felt the itch for more event movies. For years, streaming promised endless options, but fragmented attention left many longing for communal spectacle. Now, with Paramount-Skydance tripling its film output for the big screen, it’s clear: studio leaders believe there’s no substitute for the lights, the hush before the opening credits, and the collective thrill of reacting to Hollywood’s latest blockbusters. Ellison’s pivot away from streaming exclusives taps deep into what unites cinephiles—the lived experience of cinema as art and event, not just content.
Industry Pulse: From Crisis to Renaissance
On the financial front, the numbers are as electrifying as any plot twist. After years of doubt, the box office is roaring. AMC, the world’s largest theater chain, reports a staggering 26% spike in moviegoer attendance and 36% revenue growth in Q2 2025. That kind of momentum hasn’t been seen since the heyday of summer tentpoles—and it’s not just about more tickets sold. AMC’s strategy—premium screens, with IMAX and Dolby Cinema, curated concessions, and branded collectibles—has turned every new release into an event, driving per-customer profits up nearly 50% compared to pre-pandemic norms.
Blockbusters Lead the Culture
Forget the gloom of endless streaming drops; when films like Top Gun: Maverick, Mission: Impossible, Minecraft, and surprise hits like Weapons and Freakier Friday draw crowds, the industry—and movie fans—sit up and take notice. Movie-themed collectibles and concession innovations, from Barbie’s iconic pink car popcorn holders to anniversary tie-ins, have made each screening a moment worth remembering, blending nostalgia and discovery. The focus: high-impact, shared audience experiences that streaming can’t replicate.
Streaming’s Limits and Studio Strategy
Yes, streaming is still surging, but the tide may be turning. The biggest franchises, and the biggest cultural events, happen when audiences come together for a theatrical release. Paramount-Skydance’s shift signals to rivals that premium storytelling and box office spectacle are again at the center of Hollywood value creation. The result is not just higher profits for exhibitors like AMC, but a rebirth of movie-going as the ultimate destination for fans hungry for connection and cinematic adventure.

Future Forecast: Culture, Community, and Blockbuster Dreams
As PwC and others warn that box office totals may take years to fully catch up, movie lovers and industry leaders alike are betting that exclusive theatrical runs, enhanced viewing experiences, and fan-driven engagement are the ingredients for long-term recovery—and a new golden age. The Paramount-Skydance play is more than a business move; it’s a rallying cry for the art of the theatrical event. Expect more big bets, more surprises, and—finally—a long-overdue renaissance for the silver screen.
For those who believe in the power of cinema, it’s a thrilling second act—and the best seat in the house might be front and center once again.
Business
Why Are Influencers Getting $7K to Post About Israel?

Influencers are being paid as much as $7,000 per post by the Israeli government as part of an expansive and sophisticated digital propaganda campaign. This effort is designed to influence global public opinion—especially among younger social media users—about Israel’s actions in Gaza and to counter critical narratives about the ongoing humanitarian situation.

How Much Is Being Spent?
Recent reports confirm that Israel has dedicated more than $40 million this year to social media and digital influence campaigns, targeting popular platforms such as TikTok, YouTube, and Instagram. In addition to direct influencer payments, Israel is investing tens of millions more in paid ads, search engine placements, and contracts with major tech companies like Google and Meta to push pro-Israel content and challenge critical coverage of issues like the famine in Gaza.
What’s the Strategy?
- Influencer Contracts: Influencers are recruited—often with all-expenses-paid trips to Israel, highly managed experiences, and direct payments—to post content that improves Israel’s image.
- Ad Campaigns: State-backed ad buys show lively Gaza markets and restaurants to counter global reports of famine and humanitarian crisis.
- Narrative Management: These posts and ads often avoid overt propaganda. Instead, they use personal stories, emotional appeals, and “behind the scenes” glimpses intended to humanize Israel’s side of the conflict and create doubt about reports by the UN and humanitarian agencies.
- Amplification: Paid content is strategically promoted so it dominates news feeds and is picked up by news aggregators, Wikipedia editors, and even AI systems that rely on “trusted” digital sources.
Why Is This Happening Now?
The humanitarian situation in Gaza has generated increasing international criticism, especially after the UN classified parts of Gaza as experiencing famine. In this environment, digital public relations has become a primary front in Israel’s efforts to defend its policies and limit diplomatic fallout. By investing in social media influencers, Israel is adapting old-school propaganda strategies (“Hasbara”) to the era of algorithms and youth-driven content.
Why Does It Matter?
This campaign represents a major blurring of the lines between paid promotion, journalism, and activism. When governments pay high-profile influencers to shape social media narratives, it becomes harder for audiences—especially young people—to distinguish between authentic perspectives and sponsored messaging.

In short: Influencers are getting $7,000 per post because Israel is prioritizing social media as a battleground for public opinion, investing millions in shaping what global audiences see, hear, and believe about Gaza and the conflict.
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