Israeli Finance Minister Ya’acov Ne’eman announced that “Israel is ready to take a bold step” and phase out the $1.2 billion in annual economic assistance it receives from Washington. Under a proposal that he made to leading members of the U.S. Congress, the economic aid would be phased out over 10 years while Israel’s annual $1.8 billion in U.S. military aid would be increased by some $600 million, Israeli and congressional sources said.
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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.
