Netanyahu wants to phase out U.S. military aid | 60 Minutes
In a Nutshell
Netanyahu advocates phasing out all U.S. military aid to Israel, proposing to reduce the current $3.8 billion annual support to zero over the next decade. He told President Trump and others that Israel should wean itself off this financial component of military cooperation immediately, without waiting for the next Congress. The drawdown could happen very fast once started.
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Do you believe it's time for the state of Israel to re-examine and possibly reset its financial relationship to the United States, meaning what the United States provides to Israel on an annual basis?
Netanyahu's Response: Absolutely. I've said this to President Trump. I've said it to our own people. Their jaws dropped, but I said, "Look, what do you mean? What are you saying?" I want to draw down to zero the American financial support, the financial component of the military cooperation that we have. Because we receive $3.8 billion a year. I think that it's time that we wean ourselves from the remaining military support.
Can you give me a timetable?
I said, "Let's start now and do it over the next decade, over the next 10 years, but I want to start now. I don't want to wait for the next Congress. I want to start now. It could go down very fast.
Israel receives $3.8 billion a year in U.S. financial military support. Netanyahu proposes drawing it down to zero over the next 10 years, starting immediately rather than waiting for the next Congress.
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