Senate Panel Advances Tough Sanctions on Russia

Senate Panel Advances Tough Sanctions on Russia

Secretary of State John Kerry pauses while testifying on Capitol Hill in Washington, Wednesday, March 12, 2014, before the House Appropriations subcommittee on State, Foreign Operations, and Related Programs Budget hearing. (AP Photo/Charles Dharapak)
Secretary of State John Kerry pauses while testifying on Capitol Hill in Washington, Wednesday, March 12, 2014, before the House Appropriations subcommittee on State, Foreign Operations, and Related Programs Budget hearing. (AP Photo/Charles Dharapak)

BRADLEY KLAPPER, Associated Press

WASHINGTON (AP) — A Senate panel has advanced significant U.S. sanctions on Russia in a bid to pressure President Vladimir Putin to pull Russian troops out of Ukraine’s Crimea peninsula.

The Senate Foreign Relations Committee passed the bill in a 14-3 vote.

It authorizes $1 billion in loan guarantees to Ukraine’s new government and allows the Obama administration to impose economic penalties on Russian officials responsible for the intervention in Crimea or culpable of gross corruption.

All Democrats supported the measure. Republican objections include how the U.S. will pay for the loan guarantees and provisions in the bill expanding the lending authority of the International Monetary Fund.

House Republicans are pushing their own bill.

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