Senator Blumenthal Calls On House To Support Russia Sanctions Bill
Democratic Senator Richard Blumenthal called on the US House of Representatives to urgently pass the Russia sanctions bill previously approved by the Senate. He said this on Sunday in an interview with CBS News , UATV English reports. According to Blumenthal, this is a matter of extreme urgency, "because Putin may try to escalate the situation, and also because Putin is economically backed into a…
Senator Richard Blumenthal urged the US House of Representatives to swiftly pass the Russia sanctions bill, which was already approved by the Senate, according to a Sunday interview with CBS News reported by UATV English. Blumenthal emphasized the urgency of the matter, citing the possibility of Putin escalating the situation and Russia's dire economic predicament.
He highlighted that Russia's economy is teetering on the brink of a severe crisis, with a $125 billion deficit, equivalent to 5% of the GDP, and a staggering 14% interest rate on government debt. Blumenthal expressed optimism that the bill would garner sufficient backing from Democrats in the House, which reconvenes this week after a break of over a month.
The US Senate had previously approved Lindsey Graham's bill on strengthening sanctions against Russia and Iran on July 7, later modified in the approved text. The legislation empowers the US president to impose tariffs of up to 100% on goods from five nations, the primary buyers of Russian oil and gas.
Written by urgent.news from UATV English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
