House Passes $1 Billion in Loan Guarantees to Aid Ukraine
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The U.S. House passed a measure to allow $1 billion in loan guarantees sought by the Obama administration to help restore financial stability in Ukraine.
The House voted 385-23 today under an expedited process to let the government guarantee private-sector loans to Ukraine. The bill, H.R. 4152, would allow previously appropriated funds to be used to cover the cost of the guarantees.