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U.S. & Israel Agree Record New $38 Billion Military Aid Package Watch

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    Record new U.S. military aid deal for Israel to be signed in days: sources

    The United States and Israel have reached final agreement on a record new package of at least $38 billion in U.S. military aid and the 10-year pact is expected to be signed this week, sources close to the matter told Reuters on Tuesday.

    The deal will represent the biggest pledge of U.S. military assistance made to any country but also involves major concessions granted by Israeli Prime Minister Benjamin Netanyahu, according to officials on both sides.

    The deal, known as a memorandum of understanding, or MOU, calls for at least $3.8 billion a year in aid, up from $3.1 billion annually under the current pact, which expires in 2018, officials say. Netanyahu had originally sought upwards of $4.5 billion a year.

    The new package for the first time will incorporate money for Israeli missile defense, which until now has been funded ad hoc by Congress. U.S. lawmakers have in recent years given Israel up to $600 million in annual discretionary funds for this purpose.
    http://www.reuters.com/article/us-us...-idUSKCN11J12R
    http://www.jpost.com/Israel-News/Pol...billion-467613
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    Congratulations
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    Time for Palastine to strike.
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    Do you think the current security situation in the Middle East justifies the largest U.S. military aid package in history?
 
 
 
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