Not less than $3,300,000,000 in military financing grants for Israel
What the document says“not less than $3,300,000,000 shall be available for grants only for Israel: Provided, That funds appropriated by this Act under the heading ``Foreign Military Financing Program'' and made available for assistance for Israel shall be disbursed within 30 days of the date of enactment of this Act”
Section 7041 of division F provides that not less than $3,300,000,000 of the Foreign Military Financing Program is available as grants only for Israel, and that funds under that heading for Israel must be disbursed within 30 days of enactment. Where Israel requests it, the grants are available for advanced weapons systems as agreed between the two governments. The same section states that not less than $1,425,000,000 should be made available for Egypt.
What the document actually says“not less than $3,300,000,000 shall be available for grants only for Israel: Provided, That funds appropriated by this Act under the heading ``Foreign Military Financing Program'' and made available for assistance for Israel shall be disbursed within 30 days of the date of enactment of this Act”
At least 3.3 billion dollars goes to Israel as grants. The money must be paid out within 30 days of the day this law passed.
A grant does not have to be paid back. The money buys defense goods. The section also names a sum for Egypt.
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