Biden Administration Seeks Congressional Approval for $1 Billion Weapons Transfer to Israel
The Biden administration has notified Congress of its intention to transfer $1 billion worth of weapons to Israel. The move comes days after the US withheld shipments of certain munitions to Israel during its operation in Gaza. President Biden had said US weapons transfers could be curtailed if Israel expanded its ground offensive into civilian areas of Rafah. Last month, Congress approved $95 billion in foreign aid, including military aid for Israel, Ukraine, and Taiwan. Congressional approval will be required for the transfer to go through.
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00:00 It's Benzinga and here's what's on the block.
00:02 The Biden administration has notified Congress of its intention to transfer $1 billion worth
00:07 of weapons to Israel. The move comes days after the US withheld shipments of certain munitions
00:12 to Israel during its operation in Gaza. President Biden had said US weapons transfers could be
00:17 curtailed if Israel expanded its ground offensive into certain civilian areas of Rafa. Last month,
00:23 Congress approved $95 billion in foreign aid, including military aid for Israel, Ukraine,
00:28 and Taiwan. Congressional approval will be required for the transfer to go through.
00:32 For all things money, visit Benzinga.com.