Friday, August 09, 2024

BUT THIS IS ONLY PART OF THE $14.1 BILLION AUTHORIZED BY CONGRESS

Biden allows $3.5B in new weapons for Israel, ending delay

Sources familiar with the matter told CNN that the State Department informed lawmakers on Thursday night of the administration's intention to release the funds. This financial support is drawn from the $14.1 billion supplemental funding bill for Israel that was passed in April.

 

By Erez Linn  

 

Israel Hayom

Aug 9, 2024

 

F-15 Eagle Fighter Aircraft at California Capital Airshow

Israel wants to purchase several dozen F-15 fighter jets from the US

 

The United States is preparing to provide Israel with $3.5 billion in military financing, according to a report by CNN on Friday. This substantial sum, earmarked for the purchase of US weapons and military equipment, is part of a larger funding package approved by Congress earlier this year.

Sources familiar with the matter told CNN that the State Department informed lawmakers on Thursday night of the administration's intention to release the funds. This financial support is drawn from the $14.1 billion supplemental funding bill for Israel that was passed in April.

The decision to release these funds comes at a time of ongoing conflict and heightened tensions in the region. While the specific details of how Israel plans to utilize this military aid have not been disclosed, it represents a significant bolstering of the country's defense capabilities through American-made weaponry and equipment.

The State Department's notification to lawmakers signals the final steps before the actual transfer of funds can take place. It remains to be seen how this influx of military financing will impact regional dynamics and Israel's military posture in the coming months.

No comments: