US approves annual aid to Israel ($2.46 Billion)
US approves annual aid to Israel
House of Representatives approves allocation of USD 21.3 billion in foreign assistance during 2007, including USD 2.46 billion to Israel, the largest sum received by any country; House rejected proposal to cut aid to Egypt by USD 100 million following arrest of opposition leaders
Yitzhak Benhorin
The House of Representatives has approved the allocation of USD 21.3 billion in foreign assistance during 2007, including USD 2.46 billion to Israel, the largest sum received by any country.
The annual assistance package to Israel is comprised of USD 2.34 billion in military aid, in addition to USD 120 million in standard economic aid.
House foreign aid legislation must be reconciled with a Senate version before a final bill can go to President George W. Bush for signature.
As of next year the military aid to Israel is set to reach USD 2.4 billion, but regular economic aid will be cancelled.
Link here
House of Representatives approves allocation of USD 21.3 billion in foreign assistance during 2007, including USD 2.46 billion to Israel, the largest sum received by any country; House rejected proposal to cut aid to Egypt by USD 100 million following arrest of opposition leaders
Yitzhak Benhorin
The House of Representatives has approved the allocation of USD 21.3 billion in foreign assistance during 2007, including USD 2.46 billion to Israel, the largest sum received by any country.
The annual assistance package to Israel is comprised of USD 2.34 billion in military aid, in addition to USD 120 million in standard economic aid.
House foreign aid legislation must be reconciled with a Senate version before a final bill can go to President George W. Bush for signature.
As of next year the military aid to Israel is set to reach USD 2.4 billion, but regular economic aid will be cancelled.
Link here
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