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Israel Affected by Cut in U.S. Financial Aid to Foreign Countries

July 20, 1953
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Israel will be affected adversely by cuts in the foreign aid budget made yesterday by the House Appropriations Committee which reduced the $5,100, 000,000 Mutual Security program to $4, 443,000,000 and rescinded some $400, 000,000 in funds left over from previous foreign aid programs.

Further efforts will be made to cut the foreign aid program when it comes before the House Tuesday, it was learned today, but Administration leaders in the House are confident that they can fight off new raids. However, it is unlikely that ### exactly how the economic aid program for Israel will be ###the Middle East and Israel appropriation was cut ### 20,000,000. On the basis of the past distribution of cuts ### this sum will be taken from Israel’s grant.

### projects were hacked drastically because substantial ###riations were never used. In this category the Near ###cut from a requested $42,000, 000 to $24,000, 000. The ###ds for the Arab states and Israel was left untouched.### indicated that Israel will receive a substantial portion ###iated for it and the Arab states. However, it is ex ###receive the major portion of military assistance funds.

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