• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 19th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Israeli soldiers manoeuvre a tank near the border with the North Gaza, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, Israel January 31, 2024. Amir Cohen
Israeli soldiers manoeuvre a tank near the border with the North Gaza, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, Israel January 31, 2024. Amir Cohen
Home
World
World

US House panel recommends $17.6 billion in military aid for Israel

February 3rd, 2024 | 20:07 PM WORLD 2

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Explainer: What you need to know about Iceland's EU referendum
Fish, ships and sovereignty: Iceland weighs its European future
Most Americans believe Trump has inappropriately profited since returning to power, Reuters/Ipsos poll finds
Second suspect in Nord Stream case arrested in Croatia, say German prosecutors
By Richard Cowan

Legislation providing $17.6 billion in new military assistance to Israel as it wages war against Hamas was unveiled on Saturday in the U.S. House of Representatives.

The funding bill, offered by a House Appropriations panel, could come to a vote in the full House sometime next week, Speaker Mike Johnson said in a letter to members.

The Republican-controlled House had previously approved $14.3 billion in new military aid to Israel, but with the requirement that it be paid for by clawing back a chunk of money already targeted for the U.S. Internal Revenue Service.

The Democratic-controlled Senate balked at that provision and is expected to unveil a legislative package that would aid Israel as well as provide more military assistance for Ukraine in its war against Russia.

That same Senate bill is also expected to contain proposals for strengthening security along the southern U.S. border with Mexico.

Senate Majority Leader Chuck Schumer has taken steps to start debate on that multipronged bill next week, with a first procedural vote no later than Wednesday.

According to the House Appropriations Committee, the $17.6 billion would include funds to help replenish Israel's missile defense systems, procure additional advanced weapons systems, and produce artillery and other munitions.

Some of the funding would also be used to replenish U.S. arms provided to Israel following the Oct. 7 Hamas attack on Israel.

"The need to support our closest ally and our own forces in the region has never been more pressing," Johnson said in his letter to colleagues.

It was unclear whether far-right House members might balk at the funding for Israel without an equal amount of savings elsewhere in the budget.

House Republicans have insisted that any new aid to Ukraine be accompanied by strong new U.S. border controls at a time when record numbers of immigrants are trying to enter the United States. While the Senate plans to do just that, Johnson already has said the border security package to be unveiled in the Senate is insufficient.

Before new military aid to Israel or Ukraine can be delivered, the House and Senate must pass the same bill before sending it to President Joe Biden, a Democrat, for signing into law.

The Senate also wants to include aid to Taiwan as part of its legislation.

  • Topic
  • USA
  • CONGRESS/ISRAEL (UPDATE 2, PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Explainer: What you need to know about Iceland's EU referendum

Related Posts

World
August 19th, 2026

Explainer: What you need to know about Iceland's EU referendum

World
August 19th, 2026

Fish, ships and sovereignty: Iceland weighs its European future

World
August 19th, 2026

Most Americans believe Trump has inappropriately profited since returnin...

World
August 19th, 2026

Second suspect in Nord Stream case arrested in Croatia, say German prose...

World
August 19th, 2026

Ukrainian shuttlers voice pain of war at World Championships

World
August 19th, 2026

KKR leads bidding race for minority stake in Malaysia's Avisena, sources...

The Wire
Aug 19th 2 h ago
Litigation

Greater regulatory scrutiny no bar to mining mergers, bosse...

Aug 19th 2 h ago
Energy

Turkey is ready to search for oil and gas in Syria, Turkish...

Aug 19th 2 h ago
Technology

Nebius plans $4.5 billion convertible debt sale to fund dat...

Aug 19th 3 h ago
Baseball

Now healthy, Blue Jays' Max Scherzer takes aim at Rays

Aug 19th 3 h ago
Retail & Consumer

Off-price retailer TJX raises annual profit forecasts

TRENDING ON FINANCETIME
Aug 19th, 2026 Business

European corporate outlook keeps improving as recovery goes beyond energy profits

Aug 19th, 2026 Baseball

With Jo Adell in question, Guardians chase series win vs. Giants

Aug 19th, 2026 Technology

Analog Devices' quarterly forecast tops estimates on AI-fueled chip demand

Aug 19th, 2026 India

Global shocks, IPO wave could temper India's earnings-led market revival, Abakkus Investment says

Aug 19th, 2026 Africa

Egypt to widen cash subsidy scheme to cover more essential foods

Markets-Sectors
HEALTHCARE +1.60%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT