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U.S. Moves To Keep Future Egypt Aid
WASHINGTON (AP) -- The Obama administration has moved to ensure it doesn't lose more than $500 million in potential Egypt aid as it weighs suspending assistance after this summer's coup.
U.S. officials and congressional aides say the State Department notified Congress Friday it intends to use the money. But left unclear by the procedural step is how.
One option involves punishing Egypt's military by allocating the funds to help American companies "wind up" assistance programs, instead of supporting the government.
Officials spoke on condition of anonymity because they weren't authorized to speak publicly on the matter.
The administration had until Sept. 30 to claim the money. Egypt's coup has divided members of both parties Congress. Some say aid should be cut off. Others contend the money is critical for U.S. and Israeli security.
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