Monday, February 26, 2007

Israel, U.S. to discuss new annual aid program | Politics News | Reuters.com

We are broke and up to our eyeballs in debt!

What the hell is there to discuss.

Until we have the money too pay for our own domestic needs, we shouldn't be talking about aid to rich nations, fer chrissake!

Israel, U.S. to discuss new annual aid program | Politics News | Reuters.com:

"JERUSALEM (Reuters) - Israel and the United States will hold talks this week on formulating a new annual U.S. aid package, the Israeli Finance Ministry said on Sunday.

Bank of Israel Governor Stanley Fischer and Finance Ministry Director-General Yarom Ariav will head the Israeli delegation to Washington. The Israeli team also will include senior officials from the Foreign Ministry and military.

Israel receives about $2.4 billion a year in mostly military aid from the United States. Most of that is spent on U.S. military equipment.

The two countries agreed a 10-year deal in 1998, under which U.S. military aid would rise by $60 million a year while economic assistance would be reduced by $120 million a year until 2008.

No comments: