Biden Signs $95 Billion Foreign Aid Bill Into Law

The package includes aid to Ukraine, Israel, and Taiwan, as well as a measure requiring TikTok’s Chinese parent company to divest the app.

(L–R) Senate Majority Leader Chuck Schumer (D-N.Y.) and House Speaker Mike Johnson (R-La.) listen during remarks at a menorah lighting ceremony at the U.S. Capitol on Dec. 12, 2023. Anna Moneymaker/Getty Images

Just 12 hours after the Senate gave its late-night approval, President Joe Biden signed the contentious $95 billion national security package that sends more foreign aid to Ukraine, Israel, and the Indo-Pacific. The legislation also includes a measure that forces TikTok to sever ties with its Chinese parent company and authorizes the seizure of Russian assets to further fund Ukraine’s war effort.

“America stands with our friends; we stand up against dictators,” President Biden told reporters after signing the legislation. “We bow to no one, to no one. Certainly not Vladimir Putin.”