US Budget constraints affect Israel defense aid negotiations, US House Speaker Ryan says

WASHINGTON – Critical negotiations over a new US defense package to Israel are taking place in a challenging budgetary environment for the United States, Speaker of the House Paul Ryan said on Thursday, reflecting on his recent trip to the region.

Budget constraints are thus affecting talks between Washington and Jerusalem over the new defense agreement, formally known as a memorandum of understanding (MOU), set to replace an expiring, decade-old commitment of US aid worth $3 billion a year.

Source: http://www.jpost.com/Israel-News/Politics-And-Diplomacy/Budget-constraints-affect-Israel-defense-aid-negotiations-Ryan-says-451255

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