Tuesday, March 5, 2013

U.S. To Cut $500 Million In Military Aid To Israel?


Israel Fears $500M U.S. Military Aid Cut -- UPI

There is deepening concern in Israel that U.S. sequestration signals cuts in U.S. aid slowing a crucial missile defense program.

TEL AVIV, Israel, March 4 (UPI) -- There is deepening concern in Israel that U.S. sequestration signals cuts of up to $500 million in U.S. military aid in the months ahead, slowing a crucial missile defense program at a time when sanctions-battered Iran could strike.

"While exact figures pertaining to any sequestration-related cuts remain shrouded in the fog of behind-the-scenes negotiations and much political grandstanding, a full implementation of sequestration would mean significant reductions in U.S. military assistance to Israel, including funding for joint missile defense programs and the Iron Dome short-range, anti-rocket system," The Times of Israel observed.

Read more ....

Sequestration May Result In A $500 Million Military Aid Cut To Israel

'Israel lobby' to push for aid despite sequestration cuts -- The Hill
US Budget Cuts to Impact Military Aid to Israel -- Yeshiva World
Israel expects loss of $500 million due to US budget cuts -- Middle East Monitor
Steinitz: Israel is worried by US sequester -- Jerusalem Post

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