Whether the allocations already presented to Congress on economic and military assistance to Israel and Egypt, totalling more than $5 billion, will be reduced as a result of President Carter’s anti-inflation program was an unanswerable question here today.
Under the presentations made to the Congress, Israel is remarked to receive for the third straight year $1 billion in military assistance and $785 million in economic aid. Egypt is earmarked for $3.4 billion, most of it in military assistance for what the State Department has said is to update its defense.
A top White House source told the Jewish Telegraphic Agency today that “it is premature to speculate” on the cuts that will be made in the budget for the coming fiscal year and said it is unlikely that details will be made known before Carter sends the proposed cuts to Congress April 1.
At the Office of Management and Budget which will make the final decision subject to Presidential approval, the JTA was informed “foreign aid is on the list to be cut but we have no idea to what extent it will be. We are taking a hard look in that area.” Carter said in a speech Friday that he would cut the budget which he previously submitted for the 1981 fiscal year by $18 billion.
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.
