Friday, May 21, 2010

Lets give them more Money.

Despite moving at a snail’s pace on most policy decisions, the Obama Administration was still able to muster surprising alacrity when it came down to providing Israel with additional money. So exactly one week after President Obama decided that the US should provide Israel with an extra $205 million in military aid to pay for its “Iron Dome” missile defense system, the House of Representatives passed the measure, with a 410-4 margin. The first phase of development, test runs, and manufacture of the system is expected to cost NIS 800 million, meaning the US funding will pay for materially all of this phase. The $205 million is above and beyond the roughly $3 billion in military aid the US sends to Israel annually.Link

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