$135,000,000 Provided for Israel and Arabs in U.S. Economic Aid
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$135,000,000 Provided for Israel and Arabs in U.S. Economic Aid

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Senate and House adoption of the final form of the Mutual Security Act–under which Israel and the Arab countries will get $135,000,000 in economic aid–appeared today only a formality after conferees of both House agreed during the week-end on compromise appropriations. The bill is expected to be approved this week by President Eisenhower.

The $135,000,000 represents an amount which is expected to be divided about equally between the Arab states and Israel. The final sum includes the restoration of $15,000,000 of $2,000,000 cut from the bill by the House. The sum for military aid for the area remained at the figure of $30,000,000 as voted by the Senate. The military funds, however, will be disbursed only at the discretion of President Eisenhower.

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