Israel Waives Sequestration Protection Offers to Bear Burden on Missile Defense Funding Cuts http://www.defensenews.com/article/20130802/DEFREG04/308020008/Israel-Waives-Sequestration-Protection
Despite pledges by US President Barack Obama and key congressional
leaders to shield the Israeli Iron Dome from sequestration cuts, Israel
has offered to waive funding protection, insisting it should bear its
share of the burden.With more than US $1 billion earmarked in the president’s budget through 2015 for US-Israel cooperative missile defense programs, [[[[[Israel’s share of the burden would come to nearly $55 million; a painful, yet pragmatic price for the goodwill to be generated among longtime supporters in Washington, sources from both countries said]]]]].
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Sunday, 21 June 2026 9:54 AM [ Last Update: Sunday, 21 June 2026 9:54 AM ]
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