Latest / GNN Daily Breaking News / As Americans vote, Trump says US will stop $4 billion in aid to Israel

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As Americans vote, Trump says US will stop $4 billion in aid to Israel · GNN Daily Breaking News

• 0:00
  Speaker 1: In a major policy statement delivered as voters head to
• 0:03
  Speaker 1: the polls across the country, President Donald Trump announced that
• 0:07
  Speaker 1: the United States will terminate its nearly $ 4 billion in
• 0:12
  Speaker 1: annual foreign and military assistance to Israel by the end
• 0:15
  Speaker 1: of the year. Speaking in a broadcast interview on Election
• 0:19
  Speaker 1: Day morning, Executive leadership stated that an agreement was reached
• 0:23
  Speaker 1: months ago with Israeli Prime Minister Benjamin Netanyahu to conclude
• 0:28
  Speaker 1: the long-standing financial aid framework, characterizing the decision as a
• 0:32
  Speaker 1: reflection of Israel's economic strength and self-sufficiency. The executive statement
• 0:39
  Speaker 1: outlines a rapid acceleration of previous discussions surrounding bilateral security assistance.
• 0:45
  Speaker 1: under existing 10-year agreements established between Washington and Jerusalem. The
• 0:51
  Speaker 1: United States currently provides approximately $ 3, 800, 000, 000 annually in foreign military
• 0:58
  Speaker 1: financing and cooperative missile defense funding set to run through 2028.
• 1:03
  Speaker 1: Addressing the unexpected timeline, administration officials emphasized that while direct
• 1:09
  Speaker 1: financial grants and barter transfers will end after December, Israel
• 1:14
  Speaker 1: will retain full authority to purchase advanced domestic military hardware
• 1:19
  Speaker 1: directly from defense contractors. The announcement immediately reshaped the political
• 1:24
  Speaker 1: discourse surrounding the midterm elections, where foreign defense spending and
• 1:29
  Speaker 1: international financial commitments have become central points of contention among
• 1:33
  Speaker 1: independent and suburban voters. Congressional leaders from both parties responded
• 1:39
  Speaker 1: with starkly contrasting reactions. Opposition lawmakers and defense analysts questioned
• 1:45
  Speaker 1: whether an executive declaration can legally alter statutorily authorized funding
• 1:50
  Speaker 1: mechanisms before the broader 10-year security arrangement expires. Meanwhile, regional
• 1:56
  Speaker 1: security observers and international diplomats are analyzing the potential strategic
• 2:01
  Speaker 1: implications of an expedited timeline. Opposition leaders in Jerusalem expressed
• 2:06
  Speaker 1: sharp concern regarding immediate defense budget burdens. Even as executive
• 2:11
  Speaker 1: leadership in Washington reiterated that American commitments to regional defense
• 2:16
  Speaker 1: cooperation remain intact despite the proposed termination of direct financial transfers.
• 2:22
  Speaker 1: As ballot tabulations begin nationwide, the high-profile Foreign Policy Declaration
• 2:29
  Speaker 1: sets up a formidable legislative fight over executive authority and
• 2:33
  Speaker 1: defense appropriations in the upcoming session of Congress.