POLITICS: PennAve

Senate to vote on measure cutting aid to Egypt

By |
Congress,Susan Ferrechio,Senate,Harry Reid,Egypt,Foreign Aid,Rand Paul,PennAve

The Senate this week will vote on an amendment to cut financial aid to Egypt, Majority Leader Harry Reid, D-Nev., decided Tuesday.

The amendment is sponsored by Sen. Rand Paul, R-Ky., and will be debated as part of the fiscal 2014 appropriations bill for transportation, housing and urban development.

Egypt is slated to receive $1.5 billion annually from the United States. Paul’s amendment would divert the money to domestic infrastructure projects.

Paul’s amendment is worded to make the case that the United States is prohibited from providing financial assistance to Egypt because the country’s recent overthrow of President Mohammed Morsi amounted to a military coup, which triggers a U.S. law that cuts off financial support.

The money would be redirected to the “Bridges in Critical Corridors” fund, Paul said.

A Paul aide said no specific time has been set for the vote, but it’s likely to occur this week.

Egypt is suffering from a severe economic slump and has been using financial assistance from other countries as a lifeline. The European Union has pledged more than $6 billion in aid to Egypt.

View article comments Leave a comment