Tuesday, September 18, 2012

Temporary spending bill permits Egypt aid to flow

As anti-American sentiment boils in Islamic countries like Egypt, lawmakers are moving to permit billions of dollars in U.S. foreign aid under a government-wide funding bill set to clear Congress this week.
In the case of Egypt, turmoil since the overthrow of U.S. ally President Hosni Mubarak early last year has delayed the release of hundreds of millions of dollars in economic aid that has been approved over several years.
A violent mob assault at the U.S. Embassy in Cairo certainly hasn't helped efforts to release already approved funds, but White House Press Secretary Jay Carney on Tuesday denied a media report that U.S. talks with Egypt to release the aid are on hold until after the election.
"We're continuing to work with (Congress) on ways to support a stable, democratic transition in Egypt that is important for defeating extremism of the very kind that we just recently saw," Carney said. "We provide assistance to Egypt because it's in our interests to help them advance regional security and uphold their treaty with Israel and transition to democracy."
Some in Congress have called for cutting off aid to Egypt.
Instead, new money will continue to be available under the terms of a six-month government funding bill that passed the House last week and faces a Senate procedural vote on Wednesday. The measure allows for almost $130 million a month in military and economic aid to Egypt since it permits aid to flow at the same rate as current funding.

Read more: http://townhall.com/news/politics-elections/2012/09/18/temporary_spending_bill_permits_egypt_aid_to_flow

No comments: