Israeli Finance Minister Ya’acov Ne’eman is reportedly planning to hold talks in Washington with members of the Clinton administration and Congress about phasing out America’s $1.2 billion in annual economic aid to Israel. The plan, which would go into effect next year and take place over a 10-year period, would be part of a package to lower Israel’s debt. Some of the aid could be redirected into the $1.8 million in annual U.S. military aid to Israel.
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