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Two U.S. sources familiar with the matter told Reuters on Tuesday that Washington had decided to deny Egypt $95.7 million in aid and to delay a further $195 million because it had failed to make progress on respecting human rights and democracy.
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"Egypt sees this measure as reflecting poor judgment of the strategic relationship that ties the two countries over long decades and as adopting a view that lacks an accurate understanding of the importance of supporting Egypt's stability," the foreign ministry said in a statement.
The decision could have "negative implications" on achieving common goals and interests between the two countries, it added.
OK - since Egypt did not like the reasoning... how about this? We are almost $20 trillion in debt. We have no money to just give away. Would that be more palatable?
All foreign aid should be eliminated at least until this country's deficit is gone. It should not be the responsibility of the United States taxpayers to be the financial nannies to the world. Most of the countries we give money to don't appreciate it anyway.
The country is wealthier than I am, so I do not feel my tax dollars should go to it.
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