Law Requires Obama Administration To Cut Off Egyptian Aid
The $1.5 billion in U.S. foreign aid slated for Egypt next year is in jeopardy after the Egyptian army deposed democratically elected President Mohamed Morsi on Wednesday.
Section 508 of the decades-old Foreign Assistance Act stipulates that “none of the funds appropriated or otherwise made available pursuant to this Act shall be obligated or expended to finance directly any assistance to any country whose duly elected head of government is deposed by a military coup or decree.”
A clause in the 2011 omnibus bill strengthens the provision, excluding from American aid any nation experiencing a “coup d’etat or decree in which the military plays a decisive role.”
Although events in Egypt appear to conform perfectly to these criteria, it’s unclear whether the Obama administration will cut off revenue to the strategically important nation anytime soon. Read more.
Follow Us For Updates: