Obama Tucks Away Money for Egypt Before Fiscal Year Deadline

One word… essential.

U.S. safeguards $584 million aid package for Egypt – Raw Story

The United States is depositing $584 million in remaining 2013 military aid for Egypt into a federal bank account as the US administration reviews whether to release the funds, an official said Tuesday.

The final tranche of some $1.3 billion in annual military aid to Egypt has not yet been disbursed amid political upheavals in the North African nation.

And President Barack Obama’s administration is still reviewing the status of the US assistance to Cairo after the military’s July ouster of ex-president Mohamed Morsi and a crackdown on Islamists.

But with the end of the fiscal year looming, the State Department decided to protect the funds by depositing them in an account it controls in order to stop them being gobbled up when the books were closed on Monday, September 30.

Muslim Brotherhood in power, they get money.

Muslim Brotherhood out of power, not so much on getting money.

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