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Amount of U.S. Aid to Israel Obscured; 10% Slash for Meddle East

July 14, 1954
See Original Daily Bulletin From This Date

The amount of American aid Israel will receive in the new fiscal year was obscured by doubt today as a 10 percent across the board slash was applied against funds requested by the Administration.

The $130, 000, 000 authorization requested for the entire Near Eastern area was reduced by today’s action to $117,000,000. It is to be shared by the Arab states, Israel, and other countries in the region.

No exact breakdown to individual countries has been specified because the State Department wants to maintain “flexibility” so that it might determine at a later date how much it feels each country should receive.

Before the new slash, it was anticipated that Israel might get about $40, 000, 000. State Department officials announced at recent hearings of the House Foreign Affairs Committee that they intend to increase aid to Arab League states while reducing assistance to Israel. In the current fiscal year, Israel received $52, 500, 000 in aid from the United States.

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