Posted: Mar 27, 2014 7:10 AM by Deb Riechmann
Updated: Mar 27, 2014 7:10 AM
Source: Associated Press
WASHINGTON, D.C. - Lawmakers are rushing to get a bill to the president's desk that would provide $1 billion in loan guarantees to Ukraine and sanction those who had a hand in Russia's takeover of Crimea.
The House and Senate are poised to pass versions of the legislation Thursday. Both sides say they want to get one bill to President Barack Obama's desk before the end of the week, but it's unclear whether the work will be finished by then.
The Ukraine aid bill gained momentum this week after Senate Democrats backed down and removed International Monetary Fund reform language, which was stalling the bill's progress. With Russian troops massed on Ukraine's eastern border, Senate Democrats decided it was more important to show support for Ukraine than push now for IMF changes.