(Globes) Ron Dagoni - The pending U.S. budget sequester on March 1 is liable to reduce military aid to Israel by over $700 million in the 2013 fiscal year, including the possible loss of all financial aid for joint U.S.-Israeli missile defense programs, said pro-Israel sources in Washington. Top Israeli officials are drawing up a strategy for dealing with the problem. Israel's friends in Congress are aware that under the current political reality, members of Congress cannot exempt Israel from the sequester when it will affect millions of Americans.
2013-02-26 00:00:00Full ArticleBACK Visit the Daily Alert Archive