The Senate Appropriations Committee approved a $5.35 billion foreign aid package for fiscal 1977 yesterday of which approximately $1.75 billion would be earmarked for Israel in the form of military purchase credits and economic supportive assistance An aide to Sen. Daniel K. Inouye (D.Hawaii), chairman of the subcommittee on foreign operations. told the Jewish Telegraphic Agency that further discussions would be necessary to reach a compromise with the Ford Administration on transitional quarter funding for Israel.
Inouye and Sens. Clifford Case (R.NJ), Hubert H. Humphrey (D.Minn.) and Jacob K. Javits (R.NY) were part of a Congressional delegation that visited President Ford at the White House late yesterday. They and other supporters of increased assistance to Israel reportedly suggested a compromise of $375 million to fund that country’s military and economic needs for the three-month period between the end of fiscal 1976 on June 30 and the start of fiscal 1977 Oct. 1.
This is $175 million less than Israel would receive if the Senate formula for transitional quarter funding was accepted. The latter would have earmarked $550 million in interim funding or 25 percent of the assistance granted Israel for fiscal 1975-76. The Administration has reportedly placed a ceiling of $200 million on transitional quarter funding for Israel.
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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.
