BANDAR SERI BEGAWAN, Brunei — U.S. officials said today that the Obama administration is poised to slash hundreds of millions of dollars in military and economic assistance to Egypt. The announcement is expected this week, once official notifications have been made to all interested parties.
The U.S. has been considering such a move since the Egyptian military ousted the country’s first democratically elected leader in July. It would be a dramatic shift for the Obama administration, which has declined to label President Mohamed Morsi’s ouster a coup and has argued that it is in U.S. national security interests to keep aid flowing. It would also likely have profound implications for decades of close U.S.-Egyptian ties that have served as a bulwark of security and stability in the Middle East.