STORY: The vast funding request includes over $20 billion for weapons, ammunition and other military assistance, as well as $8.5 billion in direct economic assistance to the government and $3 billion in humanitarian and food security aid.
"We need this bill to support Ukraine in its fight for freedom," Biden said at the White House on Thursday (April 28). "The cost of this fight - it's not cheap - but caving to aggression is going to be more costly."
Biden is also seeking the ability to seize more money from Russian oligarchs to pay for the war effort.
His proposal would have lawmakers hand his administration new capabilities, letting U.S. officials seize more oligarchs' assets, give the cash from those seizures to Ukraine and further criminalize sanctions dodging, the White House said.
Russia on Thursday warned the West that there would be a tough military response to any further attack on Russian territory, accusing the United States and its key allies of undermining European security by openly inciting Ukraine to assault Russia.
Russia's Feb. 24 invasion of Ukraine has killed thousands of people, displaced millions more and raised fears of the most serious confrontation between Russia and the United States since the 1962 Cuban Missile Crisis.