• President Joe Biden is set to ask US Congress for $33 billion in aid for Ukraine.
  • Over $20 billion is for military assistance; the rest is for Ukraine's economy and humanitarian aid.
  • It's Biden's biggest request for assistance since Russia invaded Ukraine in February.

President Joe Biden on Thursday announced he's asking Congress for $33 billion in aid for Ukraine — his biggest request for assistance since Russia invaded Ukraine in February.

"Basically, we're out of money," Biden said in remarks at the White House on Thursday, adding, "That's why today, in order to sustain Ukraine as it continues to fight, I'm sending Congress a supplemental budget request that's going to keep weapons and ammunition flowing without interruption to the brave Ukrainian fighters."

"The cost of this fight is not cheap, but caving to aggression is going to be more costly if we allow it to happen," the president said, calling on Congress to quickly approve the request.

Over $20 billion of the funding will go to military assistance, $8.5 billion will go to Ukraine's economy, and another $3 billion will go to humanitarian aid, per the Associated Press.

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