Economist Podcasts

Checks and Balance: Aid, and a bet

10 snips
Apr 26, 2024
Anton La Guardia, The Economist's diplomatic editor, delves into the recent $95 billion aid package for Ukraine, unpacking how it overcame political deadlock in the House. He discusses the intricate balance of bipartisan support and the evolving landscape of American foreign policy. The conversation also touches on the historical background of U.S. military aid since WWII, the geopolitical significance of supporting Ukraine, and the challenges within Congress that shape such monumental decisions.
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ANECDOTE

Henry Clay's Foreign Policy Legacy

  • Henry Clay, known as the "Great Compromiser" in US history, supported South American independence.
  • He was later honored with a statue in Caracas, a first for an American citizen.
INSIGHT

Aid Package's Unlikely Passage

  • The $95 billion aid package, including $61 billion for Ukraine, faced significant obstacles in the House.
  • Despite this, the bill passed, raising questions about its implications and Speaker Mike Johnson's role.
INSIGHT

Bipartisan Support for Ukraine Aid

  • The aid package passed due to Mike Johnson's decision to allow a vote, relying on bipartisan support.
  • Although most Republicans voted against it, many acknowledged it as the correct policy.
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