Israeli Finance Minister Ya’acov Ne’eman is reportedly planning to hold talks in Washington with members of the Clinton administration and Congress about phasing out America’s $1.2 billion in annual economic aid to Israel. The plan, which would go into effect next year and take place over a 10-year period, would be part of a package to lower Israel’s debt. Some of the aid could be redirected into the $1.8 million in annual U.S. military aid to Israel.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
