Netanyahu Proposes Reducing U.S. Military Aid to Israel by 2038
Prime Minister Benjamin Netanyahu proposed restructuring the $38 billion U.S. military aid to Israel by 2038, reflecting changes in U.S. foreign aid priorities and Israel's economic growth. While some political figures criticized the plan, it garnered limited opposition, with U.S. Senator Lindsey Graham shifting from opposing to supporting the proposed reductions. The future of transforming aid into joint investments remains uncertain, contingent on Israel's defense spending commitments and purchases of U.S. military equipment.
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Prime Minister Benjamin Netanyahu announced plans to restructure the $38 billion U.S. military aid to Israel by 2038, citing changes in U.S. political willingness to spend on foreign aid and Israel's growing economic independence. The current memorandum of understanding, effective from 2018 to 2028, supports joint investments in military technology.
Despite some criticism from political figures, no significant opposition arose. U.S. Senator Lindsey Graham initially opposed cutting aid but later supported accelerating reductions.
Recommendations for a new strategic partnership include Israel committing to defense spending and purchasing U.S.-made military equipment. The potential transformation of aid into joint investments is still uncertain.
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