GOP Senators Propose Fund for Europe to Pay for U.S. Weapons Sent to Ukraine
Two top Senate Republicans have unveiled a plan to let European allies finance U.S. military aid to Ukraine, laying the groundwork for a Trump-backed proposal to shift the financial burden of arming Kyiv away from Washington, The Gaze reports, citing The Wall Street Journal.
The Peace Act, introduced Wednesday by Sen. Roger Wicker (R-Miss.) and Sen. Jim Risch (R-Idaho), would establish a special fund within the U.S. Treasury to accept contributions from allied nations.
The defense secretary would then be authorized to use the funds to replenish U.S. stockpiles with new purchases from defense contractors—allowing continued military assistance to Ukraine without depleting American readiness.
The plan aims to create a steady funding stream of $5–8 billion annually, according to aides familiar with the proposal. Likely contributors include Germany and the United Kingdom, which already help finance weapons production for Ukraine.
“This is the fastest way to arm Ukraine as well as to minimize the strategic and military threat posed by Russia to the U.S. and NATO,” Wicker said in a statement.
Risch added, “Together, we will send a clear message to Putin that there are consequences for his refusal to negotiate in good faith.”
While European nations have already been paying U.S. manufacturers to produce arms for Ukraine, the Peace Act would enable faster delivery by allowing drawdowns from existing U.S. military stocks.
The bill reflects President Donald Trump’s demands for Europe to shoulder more responsibility for Ukraine’s defense. Trump has recently hardened his stance toward Russia, issuing a 10-day deadline for Moscow to agree to a cease-fire or face new tariffs and sanctions.
GOP aides say the White House has responded positively to the idea, and Wicker hopes to attach the legislation to this year’s defense policy bill. The White House and Treasury have not commented publicly on the proposal.
As The Gaze previously reported, the Trump team is considering its first military aid package to Ukraine, worth hundreds of millions of dollars – a move that could signal a shift in its approach to supporting the country in its war with Russia.