{
  "id": "R44060",
  "type": "CRS Report",
  "typeId": "REPORTS",
  "number": "R44060",
  "active": true,
  "source": "EveryCRSReport.com",
  "versions": [
    {
      "source": "EveryCRSReport.com",
      "id": 441752,
      "date": "2015-06-04",
      "retrieved": "2016-04-06T18:58:40.368827",
      "title": "Ending Cash Flow Financing to Egypt: Issues for Congress",
      "summary": "On March 31, 2015, after a phone call between President Obama and Egyptian President Abdelfattah al Sisi, the White House announced that beginning in FY2018, the United States would stop providing cash flow financing (CFF) to Egypt. Cash flow financing is the financial mechanism that enables foreign governments to pay for U.S. defense equipment in partial installments over time rather than all at once; successive Administrations have authorized CFF for Egypt since 1979.\nIn recent years, as public scrutiny of U.S. military aid to Egypt has increased, some observers have criticized the provision of CFF to Egypt. Critics argue that the financing of expensive conventional weapons systems is based on an assumption of future appropriations from Congress. Others argue that as the Egyptian military combats terrorism in the Sinai Peninsula and elsewhere, now may not be the optimal time to alter U.S. military aid to Egypt.\n The Administration\u2019s proposed policy change comes after its lengthy review of U.S. foreign assistance policy toward Egypt, a process that began immediately following the Egyptian military\u2019s ouster of former president Mohammed Morsi, a leading figure in the Muslim Brotherhood.\nThe House draft FY2016 Foreign Operations Appropriations bill specifies that the Secretary of State shall consult with the Committees on Appropriations on any plans to restructure military assistance for Egypt.\nThis report analyzes this proposed change in U.S. foreign assistance to Egypt; it provides background on the history of CFF and reviews various issues for Congress. For more on U.S. policy toward Egypt, please see CRS Report RL33003, Egypt: Background and U.S. Relations, by Jeremy M. Sharp.",
      "type": "CRS Report",
      "typeId": "REPORTS",
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          "url": "http://www.crs.gov/Reports/R44060",
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      "topics": []
    }
  ],
  "topics": [
    "Appropriations",
    "Foreign Affairs"
  ]
}