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Raise would bring annual military funding to $4.5 billion; US, Israeli officials in talks for 10-year deal
WASHINGTON — Israel reportedly wants the US to increase its annual defense assistance package by half, to an average $4.5 billion.
Defense News reported this weekend that Israel and US officials have in recent months begun negotiations on the next 10-year aid package.
The previous package, negotiated by the George W. Bush and Ehud Olmert governments in 2007, averaged $3 billion of assistance each year, for a total of $30 billion, from 2007-2017.