U.S. senators back bill to provide $3.3 billion for Israel

Published 2020-01-09, 02:48 p/m
U.S. senators back bill to provide $3.3 billion for Israel

WASHINGTON (Reuters) - Republican and Democratic U.S. senators introduced legislation on Thursday to provide $3.3 billion in annual aid to Israel, seeking to put into law an aid agreement between the two countries reached in 2016 amid concern over rising Middle East tensions.

Republican Senator Marco Rubio and Democratic Senator Chris Coons co-sponsored the bill, a standalone provision of a broader measure that stalled a year ago, according to a text of the bill seen by Reuters.

The measure that stalled last year included some provisions broadly supported by members of both parties, including the aid, but it also included a plank that would have let state and local governments punish Americans for boycotting Israel. Opponents, including many Democrats, saw that provision as an impingement of free speech.

Rubio and Coons introduced the bill amid increased tensions in the Middle East after President Donald Trump ordered a drone strike that killed Iranian military commander Qassem Soleimani and Tehran retaliated with a missile attack on an Iraqi base housing U.S. soldiers.

On Thursday, the region remained on edge as Iran spurned Trump's call for a new nuclear pact and its commanders threatened more attacks. [L8N29E5D7]

The bill would put into law a "Memorandum of Understanding" reached between Israel and the Obama administration from four years ago that was the biggest pledge of U.S. military assistance made to any country.

In statements emailed to Reuters, Rubio said Israel faces "unprecedented threats" and Coons said: "The events of the past few days are a stark reminder of the importance of U.S. assistance to Israel's security."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.