Saturday, September 29, 2012
Friday afternoon news dump. Thankfully Congresswoman Kay Granger has vowed to block the transfer. Still, Obama could do what he did with the Palestinians and ignore Congress claiming national security and send the money anyway.
The Obama administration notified Congress on Friday that it would provide Egypt’s new government an emergency cash infusion of $450 million, but the aid immediately encountered resistance from a prominent lawmaker wary of foreign aid and Egypt’s new course under the leadership of the Muslim Brotherhood.
The aid is part of the $1 billion in assistance that the Obama administration has pledged to Egypt to bolster its transition to democracy after the overthrow last year of the former president, Hosni Mubarak. Its fate, however, was clouded by concerns over the new government’s policies and, more recently, the protests that damaged the American Embassy in Cairo.