The Senate voted 62-18 yesterday to approve a $9.4 billion foreign aid bill that will provide Israel with $4.5 billion in military aid and economic support assistance for the period July 1. 1975-Sept. 30, 1977. The retroactive package, which extends to the end of the 1977 fiscal year, includes $550 million in funding for the three-month transitional quarter between the end of fiscal 1976 June 30, and the start of fiscal 1977 on Oct. 1.
The measure will go to the House-Senate Conference Committee which is expected to report out a bill by next week. The legislation had been revised after President Ford vetoed an earlier aid package on grounds that some of its provisions inhibited Presidential policy-making prerogatives Israel is the largest single recipient of U.S. aid under the Senate measure. Egypt ranks second with $1.6 billion for the same 27-month period.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
