Saturday Mar 02, 201303:33 PM GMT
Israel trying to save US aid to regime amid sequester cuts
US President Barack Obama and Israeli Prime Minister Benjamin Netanyahu (L) during a meeting in the Oval Office of the White House in Washington (file photo)
US President Barack Obama and Israeli Prime Minister Benjamin Netanyahu (L) during a meeting in the Oval Office of the White House in Washington (file photo)
Sat Mar 2, 2013 3:32PM
Share | Email | Print
Israel is trying to save America’s USD 3 billion-plus in annual aid to the entity after Washington approved government budget reductions.


US President Barack Obama on Friday signed into effect the spending cuts, known as the sequester, which will shave USD 85 billion off the US federal budget in 2013. About half of the cuts, 43 billion dollars, will affect the US military sector.

Israeli ambassador to the US Michael Oren said Saturday that Tel Aviv was working to salvage the US annual aid and military funding for development of missile systems.

"The Israeli embassy still doesn't know what will be the extent of the sequester. The aid to Israel is included in the federal budget. Just as this budget is cut, so can the aid to Israel,” Oren said.

Oren stressed that the Israeli regime would “continue to have discussions with the [American] administration and with Congress” in an effort to maintain the extent of the aid to the development and manufacturing of the Iron Dome as well as Arrow and Magic Wand missile systems.

Israel receives more than USD 3 billion from the United States in direct foreign assistance every year. It also gets USD 70 million more in military aid for its missile systems.

Meanwhile, thousands of lobbyists from the American Israel Public Affairs Committee (AIPAC) will reportedly attend the group’s annual conference this week to ensure the Tel Aviv regime is exempted from the budget cuts.

AIPAC is the one of the most powerful lobbies in the United States. It works to influence US foreign and domestic policy for the interest of Israel. The group also guarantees billions of dollars in military aid for Israel.

SAB/HGH/SL
Comments
Add Comment Click Here
Latest From United States
  • Today
  • Last Week
  • Last Month
  • Today
  • Last Week
  • Last Month
Follow Us
© Copyright 2012 Press TV. All rights reserved. | About PressTV | Contact Us | Frequencies | Privacy Policy