Plus, preparing for tomorrow's State of the Union
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** How much foreign aid does the US give to Ukraine?
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The war in Ukraine — and the world's response — is rapidly changing. USAFacts delved into foreign assistance data on aid to Ukraine ([link removed]) and is compiling other numbers to provide helpful historical context on this invasion.
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* The US promised $679.9 million in foreign assistance to Ukraine in fiscal year 2020. At the time, it was the most annual aid to the nation since 1994.
* Of this aid, $284 million was for the military. Military assistance primarily benefits government armed forces and excludes the cost of US combat operations. The rest of the aid, $395.9 million, was for Ukrainian economic assistance.
* Additionally, the State Department just authorized $350 million in support for Ukraine's defense ([link removed]) on February 26. This brings America's total security assistance commitment to Ukraine over the past year to more than $1 billion.
See more on past assistance to Ukraine in this report ([link removed]) . And as the world responds to this situation, here are more economic indicators to watch:
Crude Oil Prices
The crude oil spot price ([link removed]) was $68.13 in 2021.
Stock Market
The S&P 500 closed at 4,385 points on February 25 ([link removed]) .
Consumer Price Index
The overall CPI in January 2022 was up 7.5% over the same month a year prior.
Preparing for the State of the Union
Tomorrow, President Joe Biden will deliver his first official State of the Union address. Now is the perfect time to catch up on the State of the Union in Numbers ([link removed]) .
Released just last Monday, the State of the Union in Numbers is your tool to judge the county's progress with metrics and facts. With data on the most commonly covered topics in the annual address, this report helps you follow demographic changes nationwide, learn more about the executive orders made last year, and much more, including:
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* The federal government spent $6.8 trillion in fiscal year 2021 — or $20,634 per person.
* Refundable child tax credit payments increased 175% in FY2021. Housing assistance grew 63% due to temporary COVID-19 assistance programs.
* In 2019, people from Mexico were the largest share of immigrants coming to the US for work (32.9%), while people from India were the largest share coming to be with family (21.8%). China had the highest share of people coming for education (20.3%).
* The federal government spent $141 billion on public health in 2021 — a 21% decrease from 2020, but more than double 2019 health spending.
Get the rhetoric-free data to judge the nation for yourself with the State of the Union in Numbers ([link removed]) .
Steve Ballmer on disinformation, inflation, and more
Steve Ballmer recently appeared on CNBC's Squawk Box to discuss the new State of the Union in Numbers and using government data to combat disinformation, among other topics. See part of the interview here ([link removed]) .
One last fact
On February 22, Defense Secretary Lloyd Austin III ordered about 800 soldiers to deploy from Italy to the Baltic region to defend frontline NATO states. At present, there are approximately 90,000 US service members based in Europe.
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