Israeli Prime Minister Benjamin Netanyahu has revealed his plans to cut Israel’s $3.8 billion annual financial support from the United States. In an interview with CBS News’ Major Garrett on 60 Minutes, Netanyahu said it is time for Israel to “wean” itself off American military support and become self-sufficient.
Netanyahu’s plan is to reduce Israel’s financial dependence on the U.S. over the next decade, starting immediately. This means Israel would no longer receive the $3.8 billion in annual financial support it currently gets from the U.S. The prime minister believes this move will allow Israel to become more independent and not rely solely on American aid.
