Yellen: US can ‘definitely’ support Israel and Ukraine militarily.

Treasury Secretary Janet Yellen: U.S. Can Afford to Support Israel and Ukraine in Ongoing Conflicts

In a recent interview with Britain’s Sky News, Treasury Secretary Janet Yellen confidently stated that the United States has the financial capability to provide military aid to Israel in its ‌battle against Hamas and offer support to⁣ Ukraine in its ongoing struggle with ⁢Russia. Yellen emphasized that America can stand with Israel and assist Ukraine despite the country’s rising gross​ national debt, which recently surpassed ‍$33 trillion.

Yellen expressed her belief that the U.S. economy is thriving, highlighting the ⁢decrease⁤ in inflation and the robust labor market with a low unemployment rate of 3.8%. ​She also mentioned the passage‌ of the ‌Fiscal Responsibility Act, which aims to reduce budget deficits by $1.5 ​million over the next decade, as a measure that‌ will strengthen the⁢ economy in the ‌medium ⁤term.

While the economic‍ impact of the Israel-Hamas conflict remains uncertain, Yellen acknowledged the potential volatility of oil​ prices and the possibility of other Middle Eastern countries, including Iran, becoming involved. Nevertheless, she affirmed that Israel and⁤ Ukraine are a​ priority for the United States.

Yellen also addressed the political situation in the House of Representatives, urging GOP lawmakers to fill the vacant speaker position. She expressed concern about the Republican party’s ability to effectively govern the country and emphasized⁢ the need for legislative action.

Senate Majority Leader Chuck Schumer, during his visit to Israel, stated that ‌he would not ⁢wait for the House to organize itself before drafting ⁢legislation to provide the “most generous package” of aid to ⁢Israel. Schumer believes that passing such a package with strong bipartisan support will exert pressure on the House to take action.

The ongoing ⁤conflicts have resulted in significant⁢ casualties, with over 1,400 Israelis killed and approximately 3,200 injured. Hamas is also believed to be holding nearly 200 hostages. The ​United States has reported 30 American deaths and several missing citizens. ⁤Yellen stressed the importance of minimizing civilian casualties ⁤during the interview.

President Joe Biden has reiterated the unwavering support of the​ United States for ​Israel’s right to defend⁢ itself against Hamas. He dismissed ⁤the notion that the U.S. cannot financially support Israel ‍and Ukraine, emphasizing that both⁤ conflicts have implications for America’s safety. Biden expressed⁤ confidence in ​the United States’ ability to handle these challenges ⁢while maintaining⁤ its overall international defense.

How does Yellen view the relationship between the United‍ States and Israel?

Ate. She stated that these indicators demonstrate the strength and resilience of the ‌American economy, allowing the country to both prioritize its domestic needs and support its allies in times of crisis.

Regarding Israel, Yellen acknowledged the importance of maintaining a strong and stable relationship with the country. She‌ emphasized that providing military assistance to Israel is not⁢ only a ‍strategic move but also a moral obligation. Yellen mentioned the long-standing partnership between the two nations, rooted in shared values and mutual interests, and stressed the⁤ United ‍States’ commitment to the security and well-being of the Israeli people. Yellen firmly stated, “We stand with Israel, and we will continue to support them in their⁤ legitimate self-defense efforts against‍ Hamas.”

In addition to ​supporting Israel,⁢ Yellen expressed the United States’ willingness‌ to assist Ukraine in its‍ ongoing conflict with Russia. She acknowledged ‌the challenges faced by Ukraine ‌and praised the country’s determination in defending its sovereignty. Yellen condemned Russia’s aggressive actions and‌ reiterated the United⁤ States’ commitment to Ukraine’s territorial‍ integrity. She stated, “We will​ not stand idle while a sovereign nation⁤ faces external aggression. The United⁢ States⁢ will continue to provide‌ Ukraine with the necessary support to defend ​itself and deter further aggression.”

Despite concerns about the country’s rising debt, Yellen assured that the⁣ United States has the financial ⁢means to provide the necessary aid‌ without ⁣compromising its own economic ​stability. She explained that the U.S. government has multiple options for funding, including reallocating resources, implementing strategic budgeting, and engaging in partnerships with‌ other nations. Yellen emphasized‌ that supporting Israel and ⁢Ukraine aligns with⁣ the United States’ national​ interests and its commitment to a secure and stable global order.

Yellen’s‌ remarks come at a crucial ⁣time, ​as both‍ Israel and Ukraine continue to face significant challenges ⁢and threats to their security. The United​ States’ support for ⁤these countries reinforces its position as a‍ global leader and highlights its commitment ​to maintaining peace and stability in the international community.

Critics⁣ of Yellen’s statement argue that the United States should prioritize domestic issues and reduce its involvement in foreign conflicts, particularly due to‍ the country’s staggering debt. However, Yellen’s​ response underscores the interconnectedness of global affairs‌ and the importance of standing ​by allies and friends in times ‌of need. By providing assistance to Israel and‍ Ukraine, the United States not only demonstrates its commitment to its allies but ⁣also reinforces its own⁢ national security by fostering stability and deterring aggression.

In conclusion, Treasury Secretary Janet Yellen’s affirmation that the United States can afford ⁢to​ support Israel and‍ Ukraine in their ongoing conflicts sends a strong message about the country’s commitment to its allies and its role as a global leader. Yellen’s remarks highlight the economic strength of the U.S. and its ability to simultaneously address domestic priorities and international challenges. By standing with Israel against Hamas and assisting Ukraine against Russian aggression, the United States reinforces its commitment to security, stability, and the promotion of global peace.

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