President Obama Unveils $1 Billion Fund to Bolster European Allies

President Obama has unveiled a $1 billion fund intended to help bolster the security of European allies after Russia's aggression in Ukraine and its annexation of Crimea. Obama announced the fund as he landed in Poland, where he said, "Our commitments to Poland's security, as well as the security of our allies in Central and Eastern Europe, is a cornerstone of our on security." The fund would assign more U.S. troops throughout Europe and further Navy deployments to the Black and Baltic seas. It is designed to boost the capacity of countries like Georgia, Moldova and Ukraine to better work alongside the U.S. and NATO, as well as in their own defense.