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US funding

  • With U.S. budget cuts looming, could aid to Israel be next?

    Israel's 'security assistance’ comes from the same pot of money as economic aid. With the White House promising cuts to that part of the federal budget, could we see a surprise reduction in Israel's share? Recent White House statements hint at a massive increase in U.S. military spending and a corresponding cut in the country’s foreign aid, a prospect that has prompted more than 120 top generals, among them former CIA director Gen. David Petraeus, to sign a letter urging members of Congress against the move. [tmwinpost] At issue is the so-called 150 Account, the line item in the federal budget tied…

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