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The US House of Representatives approves special aid to Israel

Vaseline 4 weeks ago

On Saturday, the US House of Representatives approved aid totaling $95 billion to several countries, including Israel.

The aid package includes $26.4 billion for Israel, including $4 billion to replenish supplies of the Tamir interceptor missile used by the Iron Dome air defense system. $60.8 billion is for Ukraine, mainly for ammunition; and $8.1 billion is for Taiwan. The package now goes to a vote in the Senate and then to President Joe Biden for his signature. Biden had urged swift passage of the bill, saying: “It comes at a moment of grave urgency, as Israel faces unprecedented attacks from Iran and Ukraine, under continued bombardment from Russia.”

$4.4 billion of the aid to Israel is intended to replenish stockpiles of other munitions, and $3.5 billion is for the purchase of advanced weapons systems. $2.4 billion will fund U.S. forces operating in the Middle East, and $1.2 billion will go to develop the Iron Beam laser and microwave system, designed to complement Iron Dome, which can neutralize threats to intercepted at close range. $9.1 billion will be earmarked for humanitarian aid in the Gaza Strip.

After Republican Speaker of the House Mike Johnson led the passage of the relief bill for Ukraine, Israel and Taiwan, it will be interesting to see how Senate Democratic Majority Leader Chuck Schumer voting leads. Will pressure within the Democratic Party from those critical of Israel lead to delays or not?

Working in Israel’s favor is the fact that the bill is a $95 billion package that also includes Ukraine and Taiwan. Just as there are pressures and interests in the US tied to criticism of Israel, there are also interests tied to Ukraine, which is running out of ammunition in its resistance to the Russian invasion, and to Taiwan, where fears is growing ahead of China.

Regular annual military aid to Israel currently amounts to $3.3 billion, plus $500 million for air defense joint ventures.

Published by Globes, Israel business news – en.globes.co.il – on April 21, 2024.

© Copyright by Globes Publisher Itonut (1983) Ltd., 2024.