"I will sign this bill into law and address the American people as soon as it reaches my desk tomorrow so we can begin sending weapons and equipment to Ukraine this week," Biden said in his statement, TASS reported.
The US Congress House of Representatives passed a package of bills on military aid for Ukraine, Israel and Taiwan on April 20. The documents have also been approved by the Senate.
The bills, which total some $95 bln, include about $61 bln to help Ukraine and $26 bln to support Israel.
The documents also allow the US administration to confiscate frozen Russian assets, and introduce additional sanctions against China.
The package also imposes sanctions on Russian and Iranian officials. In addition, the package includes a potential ban on TikTok in the US.
Reuters reported that Washington would send $1 bln worth of military aid to Kiev once Biden signs the bills.