The U.S. government has informed Israel that it will recommend that Congress approve a three-year extension of loan guarantees to Israel, worth $3.8 billion.
The announcement came after several months of worry in Israel that the loan guarantees would not be extended, despite Israel's request.
Deputy U.S. Secretary of State Thomas Nides and Deputy U.S. Treasury Secretary Neil Wolin announced the American decision at a meeting with Israeli Deputy Foreign Minister Danny Ayalon on Monday.
According to a senior U.S. official, the two emphasized to Ayalon that the recommendation to extend the guarantees through September 2015 would receive wide support from both parties in Congress and would be approved without any problems in the near future.
TVNL Comment: You can bet the ranch that this will result in an overhwelming, bipartisan vote of approval. AIPAC rules.
Since U.S. President Donald Trump imposed an executive order in January threatening tariffs on any country...
A US government map of Africa mislabeled every country during a state department presentation at a...
Earlier this month, Israel's National Security Minister Itamar Ben Gvir announced that Israel would use Nile...
Since October, former Trump campaign manager Brad Parscale has been quietly overseeing an operation posting hundreds...
