Atomic Bob's Stock Forum - The Golden Thread

Bidenâ€™s administration is scrambling to track the nearly $20 billion in military aid it has sent to Ukraine as Republicans warn of impending audits when they take control of the House in January.

Likely future House Speaker Kevin McCarthy has said his party will not be giving Ukraine a â€œblank checkâ€ to fend off Russiaâ€™s invasion. A potential audit would determine how much, if any, of the U.S. aid is ending up in the wrong hands. The Biden administrationâ€™s previous tracking efforts have inspected only a fraction of the aid provided to the country.

The Republican push to ramp up oversight enjoys some bipartisan support in Congress. Some staunch Ukraine allies fear the party will cut off aid to the country entirely, however.

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