White House budget plan contains $3.3 billion in military aid for Israel

The United States set funding for Israel at levels of $3.3 billion in foreign military financing and $500 million for cooperative programs for missile defense over each of the next 10 years.

By MARCY OSTER/JTA
March 13, 2019 07:44
1 minute read.
Money

Money. (photo credit: INGIMAGE / ASAP)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later



Military aid for Israel apparently has avoided the budget axe.

The 2020 fiscal plan sent by the White House to Congress on Monday includes the full $3.3 billion in assistance promised under a 10-year memorandum of understanding, despite spending cuts throughout the proposal.



“The Budget fully supports the U.S.-Israel Memorandum of Understanding and includes $3.3 billion in Foreign Military Financing grant assistance to bolster Israel’s capacity to defend itself against threats in the region and maintain its qualitative military edge,” the budget document says, Israel’s business daily Globes reported.



The $38 billion Memorandum of Understanding, a 10-year defense agreement signed under President Barack Obama, went into operation in October at the start of the last fiscal year.



Under the MOU, the United States set funding for Israel at levels of $3.3 billion in foreign military financing and $500 million for cooperative programs for missile defense over each of the next 10 years.



The budget plan includes domestic cuts to education and social welfare programs, among others, and includes $8.6 billion for a controversial border wall with Mexico and increased defense spending. Leaders in the House of Representatives said the plan had no chance of passing.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Police Briefing
July 21, 2019
Mother loses daughter in car accident, faces anti-Arab hatred online

By JERUSALEM POST STAFF

Cookie Settings