Government
waste? And the Obama regime doesn’t
wanna admit it has a spending problem!
U.S. Secretary of State John Kerry
on Sunday rewarded Egypt for President Mohammed Morsi’s pledges of political
and economic reforms by releasing $250 million in American aid to support the
country’s “future as a democracy.”
Yet Kerry also served notice that
the Obama administration will keep close watch on how Morsi, who came to power
in June as Egypt’s first freely elected president, honors his commitment.
“The path to that future has clearly
been difficult and much work remains,” Kerry said in a statement after wrapping
up two days of meetings in Egypt, a deeply divided country in the wake of the
revolution that ousted longtime President Hosni Mubarak.
Egypt is trying to meet conditions
to close on a $4.8 billion loan package from the International Monetary Fund.
An agreement would unlock more of the $1 billion in U.S. assistance promised by
President Barack Obama last year and set to begin flowing with Kerry’s
announcement.
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