Obama Admin. working with lawmakers to release Egypt aid
Date: 18/09/2012      Time: 11:19:00 PM
 
The Obama administration is working with lawmakers to move along a proposed USD one billion in emergency aid to Egypt amidst angry anti-American protests in Cairo. The State Department on Tuesday denied reports that talks have stalled on Capitol Hill, saying it was "absolutely committed to moving forward to support reform and economic restoration in Egypt." The Obama administration has dispatched numerous envoys to Egypt in the past several weeks for bilateral economic talks and has indicated it plans to see the release of debt relief funds for Egypt. "In the light of this kind of extremist and spoiler activity that wants to turn back the clock, we think it is absolutely essential that we support those forces in Egypt who want to build a peaceful, stable, democratic country.. and that's what the assistance that the president has pledged and that we are working on the Hill is for," State Department spokeswoman Victoria Nuland said in a briefing. However, according to media sources, no new aid is expected to be approved for Egypt until after the US presidential election. However, the delays are expected to be temporary and that there is no major reevaluation of US aid to Egypt.